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IndiGo returns to quarterly profit as India airfares rise

Slowing passenger traffic, capacity increase remain challenges for carriers

The spat between the founders is escalating ahead of the renewal of the shareholder agreement in October.   © Reuters

MUMBAI (NewsRise) -- India's biggest discount carrier IndiGo's return to profitability amid increasing airfares suggests an improving operating environment for the nation's airlines grappling with high fuel prices and intense competition.

Still, slowing traffic and expanding passenger capacity pose new hurdles for airlines in the world's fastest-growing aviation market, analysts say.

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