IndiGo has experienced modest impact from the Coronavirus in the month of January and February 2020. The company has cancelled their flights to China and Hong Kong and reduced frequency to certain other Southeast Asia markets. Over the past few days however, week-on-week, airline has seen a 15-20% decline in their daily bookings. The airline expects quarterly earnings to be materially impacted because of the above.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
