Indian airline IndiGo sees more groundings in Q4 due to Pratt & Whitney engine issues

Indian airline IndiGo sees more groundings in Q4 due to Pratt & Whitney engine issues

The Rs3,010 crore IndiGo IPO, which closed on 29 October, was subscribed 6.14 times, as financial institutions and high networth individuals sought to tap the world’s fastest growing aviation market through the issue. Photo: Mint

Indigo stood by its capacity growth forecasts for the year on Tuesday even as it expects to ground more than 30 planes in the fourth quarter due to issues related to its Pratt & Whitney engines.

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