InterGlobe Aviation, the operator of India's top airline IndiGo, reported an 11-fold jump in quarterly profit led by a pick up in demand for air travel
The global push by the airline, which holds the biggest share of the Indian market, coincides with efforts to expand by rivals.a jumbo plane order to increase its services in the country and overseas.
While IndiGo expects capacity, measured in available seats per kilometre, to be "north of mid-teens" for the fiscal year starting April 1, it continues to face disruptions with several planes grounded due to lack of spare parts., or 10% of its fleet, and the airline's Chief Financial Officer Gaurav Negi said a similar number of planes were still not operational.
The grounded planes have a financial impact and IndiGo is working with suppliers to get "adequately compensated", he said, without giving figures.
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