Indigo on Monday said that since the resumption of operations in May, it had been ‘rapidly’ refunding amounts owed to customers whose flights had been cancelled during the lockdown.
IndiGo Refunds: March 25 to May 24
The airline claimed to have already processed close to Rs. 1,000 crore of refunds, which is approximately 90% of the total amount owed to our customers. IndiGo said it was committed to complete payment against all pending credit shells latest by January 31, 2021.
These refunds are for flights booked to travel between March 25 and May 24.
Rs. 1,000 Crore As Refunds
Mr. Ronojoy Dutta, Chief Executive Officer, IndiGo said, “The sudden onset of COVID19 and the resulting lockdown, brought our operations to a complete halt by the end of March of this year. As our incoming cash flow dried up, we were unable to immediately process refunds for cancelled flights and had to create credit shells for the refunds that were due to our customers.”
The airline CEO added that however, with the resumption of operations and a steady increase in demand for air travel, priority had been to refund the credit shell amounts in an expedited manner.
“We are pleased to commit that we will disburse the full 100% credit shell payments latest by January 31, 2021. We would like to thank all our customers who stood by us for their patience and understanding during this unprecedented crisis,” a statement attributed to Mr. Dutta said.