Business Today West Asia flight suspensions: Air India faces 40% hit, IndiGo 20%, SpiceJet also impacted, says HSBC report
In terms of financial impact, HSBC estimates IndiGo could face a daily revenue loss of ₹450–500 million and a daily net profit loss of ₹40–50 million. For SpiceJet, the projected daily revenue loss is ₹50–55 million, with a net profit impact of ₹2.5–3.5 million per day.