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Indigo first quarter FY2017 results analysis – profitable but challenges loom

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

[bsu_note note_color=”#affbcd” text_color=”#070707″ radius=”4″]This report was written by a professional analyst for Bangalore Aviation. The analyst remains anonymous as they are not authorised to place their views publicly.[/bsu_note] India’s largest domestic airline IndiGo, reported its first quarter results for the FY2017. With earnings of Rs 591.8 crores, the results yet again failed to meet analysts’ expectations bringing down its stock …

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