QUARTERY LOSS

India's biggest carrier IndiGo suffered a loss of Rs.620 crore in the December quarter, as per the reports released by IndiGo on January 28. The company revealed that this quarter witnessed a reduction of 53.6% in its ticket revenues, and a 22.1% decline in ancillary revenues as compared to the same quarter as previous year. For 2021, IndiGo projects around 75-80% of the fourth quarter fiscal in 2020.