IndiGo has seized a business opportunity following the grounding of Wadia-group-backed Go First. The Indian airline has recorded its highest-ever quarterly profit in the July-September period, attributed by industry experts as partly down to the additional travellers it attracted following Go First’s grounding. Go First’s loss appears to have been IndiGo’s gain over recent months. It is not the first time one airline’s end has benefitted another in India’s aviation industry, suggesting resilience among India’s airlines.
Today: December 9, 2023