Source: Travel News
An IndiGo aircraft on the Tarmac in New Delhi. Even the airline market leader, the much-admired IndiGo, recently declared a quarterly loss recently for the first time since going public in 2015. Bloomberg
Skift Take: Intense rivalry is forcing a price war on airfares in India. Even the well-managed, airline market leader IndiGo recently declared a quarterly loss. But some of the weaker players may be culled in the next couple of years.