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IndiGo CEO Says Fare Hikes Likely as Fuel Costs Surge

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IndiGo's chief executive, Willie Walsh, has signaled that the airline may have to raise ticket prices. Fuel costs have jumped 67.2 percent compared with a year earlier, adding heavy pressure to the carrier's finances. The airline reported a net loss of Rs 1,879.1 crore for the September quarter. Walsh stressed that cutting expenses and keeping operations efficient will be central to handling these higher costs.

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