IndiGo Suffers Huge Loss In Q4 2022 Amid Omicron Variant
Airlines IndiGo suffered a huge net loss of Rs 1,681 crore in the quarter ending March, said company on May 25. The airlines' Q4 loss was said to be 46.6% close to Rs 6,161 crores, more compared to the loss in 2021, which was Rs 5,806 crores. Notably, Covid-19's Omicron variant and deduction in travel demand was one of the major reason behind the loss.