Airline

IndiGo downgraded by ICRA

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IndiGo downgraded by ICRA

InterGlobe Aviation’s (IndiGo) long-term rating has been downgraded by ICRA by a level to A from A+ as the outlook remains negative. This downgrade comes after the airline reported its highest-ever quarterly loss in April-June period. The short-term rating has been reaffirmed at A1, said the compa...

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