Jet grounding helped unit revenue growth: IndiGo CEO Ronojoy Dutta
  • WebDesk BTVI
  • Jul 22 2019

IndiGo CEO Ronojoy Dutta gives an overview of the domestic airlines’ quarterly earnings andbusiness outlook going forward. He says unit revenue saw a base increase of 5% due to a number of initiatives taken by the airline. He said that Jet Airways grounding helped unit revenues grow by 2-3% In Q1. He adds that the company expects FY20 Capacity increase in ASK by 30% (YoY). He added that total debt at end of Q2 is to be at Rs 18,400 crore.