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• Analysts have warned that the expected grounding of additional 26 percent capacities due to issues with Pratt and Whitney engines will impact FY25 outcome.
• Shares of Interglobe Aviation, the operator of low-cost airline IndiGo, rallied 3 percent in the morning trade on November 6 after brokerages reiterated their bullish stance on the company following a strong September quarter performance despite a seasonally weak period.
• The company swung into black with a profit of Rs 189 crore in the September quarter against a loss of Rs 1,583 crore in the year-ago period.