IndiGo Q4 preview: As Indian took more flights to travel amid fewer Covid-19 cases early this year, outlook for the Indian airlines began to look promising. However, as cases began to soar from early March and as fuel prices began climbing on global demand optimism, the recovery hopes faded away.
This contrasting situation has analysts divided over InterGlobe Aviation-owned IndiGo’s March quarter performance (Q4FY21). The budget airline is scheduled to report its March quarter earnings on Saturday, June 5 where it may report lower capacity utilization, mark-to-market (MTM) loss due to rupee depreciation, and muted passenger load factor (PLF), say

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