BusinessPhoto: Hindustan TimesIndiGo Reports ₹1,879 Crore Loss, CEO Warns of Fare Hikes
IndiGo reported a net loss of ₹1,879 crore in the September quarter, primarily due to rising jet fuel costs and rupee depreciation. CEO Willie Walsh indicated that higher ticket prices are inevitable to manage these increased expenses. The airline is facing financial pressure from elevated fuel bills, prompting potential fare increases to stabilize operations.
Hindustan Times·


