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IndiGo builds $1 billion war chest for third COVID-19 wave
IndiGo chief Ronojoy Dutta said that there is no ifs and buts about the third wave. He stated that doctors have been warning about the next wave, and it is likely to come around November-December
BusinessToday.In | June 14, 2021 | Updated 09:51 IST
IndiGo plans ahead of third COVID-19 wave
Domestic airline IndiGo is building a $1 billion war chest as it prepares to tide over a third wave of COVID-19. The airline s plans come amid receding daily cases in the country after a disastrous second wave. Even so, chief executive Ronojoy Dutta believes that the airline s business would return to pre-pandemic levels by the end of the year.
Read more about Govt needs to take a clear stand on airline capacity cap: IndiGo chief on Business Standard. We have set for ourselves a minimum threshold of cash, come hell or high water, said Dutta