IndiGo raises fares, but fuel surge keeps losses high
Summary
IndiGo’s revenue rose 26% year-on-year to ₹23,364 crore due to a hike in average yields, helping narrow its second-quarter net loss to ₹1,879 crore. However, a spike in fuel costs and softening passenger demand continue to squeeze the airline’s core operating margins.
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IndiGo raises fares, but fuel surge keeps losses high
IndiGo’s revenue rose 26% year-on-year to ₹23,364 crore due to a hike in average yields, helping narrow its second-quarter net loss to ₹1,879 crore. However, a spike in fuel costs and softening passenger demand continue to squeeze the airline’s core operating margins.
