IndiGo reported operating expenses of around 295 billion Indian rupees at the end of financial year 2022. The airline reported a loss of over eight billion rupees in that year. 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 2022, by airline operator
(in billion Indian rupees)
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DGCA (India). (July 24, 2023). Operating expenses of Indian domestic private airlines in financial year 2022, by airline operator (in billion Indian rupees) [Graph]. In Statista. Retrieved November 21, 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 2022, by airline operator (in billion Indian rupees)." Chart. July 24, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). (2023). Operating expenses of Indian domestic private airlines in financial year 2022, by airline operator (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 21, 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 2022, by Airline Operator (in Billion Indian Rupees)." Statista, Statista Inc., 24 Jul 2023, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India), Operating expenses of Indian domestic private airlines in financial year 2022, by airline operator (in billion Indian rupees) Statista, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/ (last visited November 21, 2024)
Operating expenses of Indian domestic private airlines in financial year 2022, by airline operator (in billion Indian rupees) [Graph], DGCA (India), July 24, 2023. [Online]. Available: https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
