Indigo Ticket News: Budget airline Indigo has stopped charging fuel charges on tickets. Due to the continuously rising prices of aviation turbine fuel, Indigo started charging fuel charges as early as October 2023.
After the removal of fuel charges, flight tickets can now become cheaper. ATF forms a major part of an airline’s operating expenses. Cost increases as ATF prices increase. Till now fuel charges ranging from Rs 300 to Rs 1000 were being collected. Read More – Rubina Dilaik was seen handling the little angel, the actress showed her figure in a bodycon high-slit dress…
Indigo operates more than 1900 flights daily
Indigo has a fleet of more than 320 aircraft. With its fleet, Indigo operates more than 1900 flights daily. The airline covers 81 domestic destinations and 32 international destinations. Indigo has the highest market share in India.
Indigo profits of ₹189 crore in second quarter of FY24
Indigo made a profit of ₹ 188.9 crore in the second quarter. This was the first time in 5 years that an aviation company had made profit in the second quarter of a financial year. Generally this quarter is considered a season of weak demand for the aviation industry. Read More – King Khan’s son Aryan Khan will soon be seen in a web series, a series will be made on Shahrukh’s life…
There was a rise in the shares after the imposition of fuel charge.
Before the fuel charge was imposed in October, the share price of Indigo was around Rs 2400, which has now increased to around Rs 3000. That means the stock has increased by about 25% in 3 months.