Operating climate hostile for airlines in India: Ronojoy Dut

Operating climate hostile for airlines in India: Ronojoy Dutta


Operating climate hostile for airlines in India: Ronojoy Dutta
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(Photo: Bloomberg)
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NEW DELHI :
India’s largest domestic airline IndiGo, which recently reported its fifth straight quarterly loss, primarily because of the covid pandemic, expects passenger traffic to revive domestically by the end of 2021 and internationally by mid-2022. However, structural issues such as low yields and high taxes will have to be addressed, the airline’s chief executive Ronojoy Dutta said in an interview. Edited excerpts:
IndiGo’s net debt rose to ₹29,859.7 crore, while cash balance fell to ₹18,568.5 crore at the end of 31 March. How will you keep rising debt under control?

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