Shares of InterGlobe Aviation, operator of IndiGo, will be in focus after the airline announced the suspension of its India–Manchester flights from August 31 due to prolonged airspace restrictions and rising costs. The move impacts its long-haul strategy using leased Boeing 787-9 aircraft, even as demand remains strong and expansion plans continue.
Market Samachar is a news aggregator. This article was originally published by Stocks-Markets-Economic Times. Tap the button above to read the full story on their site.