IndiGo Airbus A320. By Rob Finlayson [CORRECTED] India’s IndiGo Airlines posted a loss of $17 million in its 2011-2012 financial year, according to a report in Business Standard, quoting an Indian Parliament statement. The carrier’s operating expenses were $1.12 billion on operating revenues of $1.1 billion. From April 2011 to March 2012, IndiGo’s operating revenue rose 45%, while operating expenses rose 75% over 2010-11. The privately owned carrier does not give ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.