The Delhi-based low-cost airline, IndiGo, is seeing fluctuations in the Indian Rupee against foreign currencies, hitting its financials hard. IndiGo reported a net loss of Rs 25.82 billion on account of the impact of currency movements on dollar-denominated future obligations…
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It has been an interesting few weeks in the US airline space. Spirit Airlines is back in Chapter 11. This week, Avelo Airlines placed a big order for E195-E2s. The regional airlines remain under pressure. The space between regionals and…
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Airlines make money when airplanes are full and flying, but not when they are sitting on the ground between flights. A hallmark of ultra-low-cost carriers is minimizing time spent on the ground and getting passengers off and onto aircraft as…
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