BusinessPhoto: Mint CompaniesIndiGo CEO Warns of Imminent Flight Ticket Price Rise Due to Fuel Costs
IndiGo's CEO Willie Walsh has warned that flight ticket prices may soon rise as soaring fuel costs put pressure on airlines. Fuel accounted for nearly 38% of IndiGo's expenses in the September quarter. Walsh, with 47 years in aviation, said he has never seen fuel prices this high. Rising global oil prices amid Middle East conflicts are driving these increases, making fare hikes difficult to avoid.
Mint Companies·


