IndiGo reported operating expenses of around 500 billion Indian rupees at the end of financial year 2023. Previously, Jet Airways dominated the air travel market in India. After a series of unprofitable years, the airline declared bankruptcy in early 2019. The private air carrier, established in 1992, temporarily suspended operations in April 2019, following which insolvency proceedings officially commenced in July that year.
Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator
(in billion Indian rupees)
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DGCA (India). (July 31, 2024). Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator (in billion Indian rupees) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). "Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator (in billion Indian rupees)." Chart. July 31, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). (2024). Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). "Operating Expenses of Indian Domestic Private Airlines in Financial Year 2023, by Airline Operator (in Billion Indian Rupees)." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India), Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator (in billion Indian rupees) Statista, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/ (last visited December 22, 2024)
Operating expenses of Indian domestic private airlines in financial year 2023, by airline operator (in billion Indian rupees) [Graph], DGCA (India), July 31, 2024. [Online]. Available: https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/