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Ashwini Phadnis

Ashwini Phadnis

Former Senior Deputy Editor at Business Line (aka The Hindu Business Line)

IndiGo reports Rs 27.3bn net for quarter

indigo

Delhi-based low-cost airline IndiGo has posted a net profit of Rs 27.3 billion for the quarter that ended June 2024. The airline says that excluding foreign exchange loss, the profit amounted to Rs 27.86 billion, compared to Rs 29.74 billion…

SpiceJet narrows loss; profits up 6X

Spicejet

Delhi-based low-cost airline SpiceJet reported a profit after tax of Rs 1.19 billion for the fourth quarter of fiscal 2024, a six-fold increase from the profit after tax of Rs 0.17 billion reported during the same quarter previously, the airline…

No Suitable suitors for SriLankan Airlines

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On Wednesday, Daily Mirror, a leading English daily in Sri Lanka, quoted the Minister of Shipping and Aviation Nimal Siripala de Silva as saying that there were no “suitable suitors” for the national carrier SriLankan. The Minister did not specify…