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IndiGo shares jump by 6% after Go First files for bankruptcy
short by Srishty Choudhury / on Wednesday, 3 May, 2023
Shares of InterGlobe Aviation, which operates low-cost airline IndiGo, soared 6% in the morning trade on Wednesday on expectations of a higher market share after Go First announced bankruptcy on Tuesday. It was reported in February that IndiGo was in talks with plane manufacturers to buy 500 jets. However, the airline had in March said that nothing was finalised yet.
read more at Moneycontrol