InterGlobe Aviation Limited CC-Sep23.pdf · 2023-11-03
Two questions. One is if you can spend a coupl e of minutes to elaborate on the subsidiary that you are setting up with a capital of Rs.30 crores and you also mentioned about corporate guarantees of close to a billion. What exactly is the business model is it a cost center or is it a profit center? Point #2 is you talked about a lot of mitigating factors to offset the engine issues starting January. Are these measures enough to completely offset the impending challenges or do you think it will be difficult to completely offset the impending challenges?
Just a follow up there. For the subsidiary, will it only be for captive use by IndiGo or wi ll you be open to providing these services for other airlines as well?