With the Income Tax Department imposing a penalty of Rs 944.20 crore on IndiGo, India's largest airline has termed the order "erroneous" and vowed to challenge it legally.
IndiGo, which is India's largest airline by market share, has reported an 18% year-on-year fall in its December quarter consolidated net profit at Rs 2,449 crore as against Rs 2,998 crore, a year ago, according to a company release issued on Friday.
Travellers can now rejoice as IndiGo has launched a daily direct flight from Kolkata’s Netaji Subhas Chandra Bose International Airport to the popular tourist destination of Phuket, Thailand.
Top investor Vijay Kedia on Sunday slammed IndiGo for frequent delays, poor customer service and rude ground staff, as the low-cost carrier suffered a massive outage leading to flight disruptions and ground services being halted across the nation on Saturday.
An IndiGo flight from Jabalpur in Madhya Pradesh to Hyderabad in Telangana was diverted to Nagpur in Maharashtra on Sunday morning following a ‘bomb threat’ on board.
SEBI had conducted an investigation based on several complaints from Rakesh Gangwal, co-founder and director of Interglobe Aviation.
The 'Revenue from Operations' declined bay 50.6 per cent to Rs 4,910 crore for the quarter compared to the same period last year.
The changes are expected to provide flexibility to customers in case of limited options, delays or cancellations, especially owing to fog or other adverse weather conditions.
The airline in a statement said it has already processed close to Rs 1,000 crore of refunds.
Prior to WestJet, Saretsky was associated with Alaska Airlines from 1998-2008.
