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 ...

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