IndiGo reports 4th straight loss on Covid-19 hit

IndiGo reports 4th straight loss on Covid-19 hit

 Representative Image. Credit: Reuters Photo

Interglobe Aviation Ltd , which runs India's biggest airline IndiGo, reported its fourth straight quarterly loss on Thursday, as the Covid-19 pandemic kept air travel well below normal levels.

The company reported a net loss of 6.27 billion Indian rupees ($85.9 million) in the three months ended Dec. 31, compared with a profit of 4.9 billion rupees a year earlier.