💨 Abstract

IndiGo, India's dominant airline, anticipates a 20% capacity increase in Q4, driven by Airbus aircraft deliveries. However, this may lead to a modest yield decrease due to higher capacity. The airline reported a 19% profit drop in Q3 due to foreign exchange losses, but plans to hedge most foreign exchange positions and expand international operations to counter the rupee's decline against the dollar.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖