InterGlobe Aviation In Focus After Raising Ancillary Charges Across Baggage & Infant Travel
India, Sept. 18 -- IndiGo has adjusted pricing on a few passenger add-ons, baggage, infant travel, and priority boarding without touching the actual ticket fare. It's a modest change on the surface, but the context matters: this comes right after the airline posted a loss for the June quarter, its costs having grown faster than its revenue. Fuel expenses were the main culprit. The fee revision doesn't fix that problem outright, but it does suggest where management's attention is currently focused.
Shares of InterGlobe Aviation Ltd are trading at Rs. 4,926.00, up 1.67 percent on Friday. The stock touched the intraday high of Rs. 4,942.00 after opening at Rs. 4,925 before slipping to a low of Rs. 4,881.00. The company commands a market ca...
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