Indian airline IndiGo reports fifth straight quarterly loss


India's aviation sector is reeling under losses with air travel brought to a halt for several weeks last year.

NEW DELHI: Interglobe Aviation Ltd, which runs India's biggest airline IndiGo, reported its fifth straight quarterly loss on Saturday, as the COVID-19 pandemic kept air travel well below normal levels.

The company reported a net loss of 11.47 billion Indian rupees ($157.43 million) in the three months ended March 31, compared with a loss of 8.71 billion rupees a year earlier.

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