IndiGo reported operating expenses of around 341 billion Indian rupees at the end of financial year 2020. The airline reported a profit of over 16 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 2020, by airline operator
(in billion Indian rupees)
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DGCA (India). (March 25, 2022). Operating expenses of Indian domestic private airlines in financial year 2020, by airline operator (in billion Indian rupees) [Graph]. In Statista. Retrieved May 23, 2022, 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 2020, by airline operator (in billion Indian rupees)." Chart. March 25, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). (2022). Operating expenses of Indian domestic private airlines in financial year 2020, by airline operator (in billion Indian rupees). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India). "Operating Expenses of Indian Domestic Private Airlines in Financial Year 2020, by Airline Operator (in Billion Indian Rupees)." Statista, Statista Inc., 25 Mar 2022, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/
DGCA (India), Operating expenses of Indian domestic private airlines in financial year 2020, by airline operator (in billion Indian rupees) Statista, https://www.statista.com/statistics/644185/private-domestic-airlines-operating-expenses-india/ (last visited May 23, 2022)