Home NEWS Flying high: IndiGo seen posting record profit in Q3, SpiceJet largely flat

Flying high: IndiGo seen posting record profit in Q3, SpiceJet largely flat

by Nagoor Vali

India’s two listed airways, IndiGo and SpiceJet, are anticipated to publish robust income for the three-month interval ended December 31, 2023, helped by robust development in passenger visitors and decrease gas prices. “The mix of passenger load elements trending above 85% and decrease gas costs is setting the stage for a robust Q3 present by Indian airways,” Ansuman Deb, lead analyst, ICICI Securities, mentioned in a analysis report final month. Whereas the

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