Overview

• Total income fell to Rs 1,190.56 crore from Rs 2,067.21 crore a year earlier, reversing a year-ago profit of Rs 150 crore.
• The airline attributed the setback to airspace restrictions tied to regional tensions and weaker leisure travel demand.
• Delays in returning grounded aircraft to service due to global supply-chain issues and engine overhauls increased costs.
• Reported net worth improved to Rs 446 crore from a deficit of Rs 2,398 crore in the corresponding quarter last year.
• July domestic market share was 2 percent, reflecting limited capacity as the carrier pursues cost reductions and network adjustments.