Airline

IndiGo reports falling profits

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IndiGo reports falling profits

IndiGo has reported a 97% fall in profits to $4million in the three months to June, which is its worst quarterly result since listing in 2015. The airline has been hit by rising fuel prices, which has been exacerbated by the jet fuel tax in India, as well as a weakening rupee that has hit revenue. T...

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