Daily Archives: May 28, 2019

Bangalore airport to close lounges and transit hotel for renovation

Domestic Plaza Lounge - Bangalore Airport.

Bangalore Airport has announced that it will be closing the airport lounges and transit hotel for renovations. The refurbishment will be done in two phases and will take 18 – 20 months to complete. There are currently two lounges each in the domestic and international hold areas – operated by Plaza Premium and Above Ground Level (Bird Catering and Lounges). …

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Indigo fourth quarter FY2018-19 results analysis: Massive increase in Q4 profits, but a sharp annual decline

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

Indigo Airlines reported its fourth-quarter results this Monday. As their CEO expounded – this year consisted of two halves. The 4th quarter was critical for Indigo as it pushed the airline to an overall profit. That said, the results continue to highlight the core challenges in the Indian market. Key numbers for Indigo’s fourth-quarter results: Revenue from Operations: 7883 crores …

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