IndiGo Profits

IndiGo Airlines (6E) announced its intention to start direct flights from North Goa Mopa Airport (GOX) to Chhatrapati Sambhajinagar (formerly Aurangabad) and Nagpur (NAG).

Despite achieving its best-ever quarterly net profit of Rs 3,091 crore in the April-June period of the financial year 2023-24 (Q1FY24), InterGlobe Aviation-operated IndiGo is likely to face problems in the near future, as indicated by analysts.