IndiGo Recovering From Covid Carnage And May Start Hiring Again IndiGo Recovering From Covid Carnage And May Start Hiring Again InterGlobe s shares rose as much as 4.2% Wednesday. They ve climbed 22% this year, while a Bloomberg gauge of Asia Pacific airlines has dropped 21% and an index of global carriers is down 29%.
IndiGo laid off about 10% of its workforce due to the pandemic-driven slowdown.
IndiGo, India s biggest airline, could start slowly rehiring staff in three months as capacity rebuilds from the background of carnage caused by Covid-19, with domestic services likely to return to pre-pandemic levels by January or February, Chief Executive Officer Ronojoy Dutta said.