India’s biggest airline, IndiGo, overtook US-based Delta Airlines to become the world’s most valuable airline with a market capitalisation of USD 23.24 billion for a brief period, according to Bloomberg data.
IndiGo’s share price soared to a peak of Rs 5,265 during the day on Wednesday, 9 April, taking the airline’s market cap past Delta’s USD 23.18 billion. The lead was short-lived, and by market close, IndiGo’s valuation slipped to USD 23.16 billion to end up in the second spot, a wee bit…
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