IndiGo May Raise Fares to Offset Rising Fuel Costs: CEO
OIL & GAS

IndiGo May Raise Fares to Offset Rising Fuel Costs: CEO

IndiGo may raise airfares to offset a sharp increase in fuel costs, chief executive officer Willie Walsh said, as the airline reported a net loss of Rs. 18.79 bn for the September quarter. Higher fuel expenses and rupee depreciation offset stronger revenue during the period.

Walsh said IndiGo would seek to limit fare increases, but the significant rise in its fuel bill left the airline with little choice. He said the company’s efficient cost base and strong liquidity provided flexibility to manage higher operating expenses without undertaking significant cost-cutting measures.

Fuel prices have risen amid the West Asia crisis and wider geopolitical uncertainties, pushing up operating costs across the airline industry. IndiGo and other carriers have also introduced fuel surcharges, while the airline responded to the difficult environment through capacity reductions and yield management.

InterGlobe Aviation, IndiGo’s parent company, reported a loss of Rs. 18.79 bn in the September quarter, narrower than the Rs. 25.82 bn loss recorded in the corresponding period a year earlier. Total income increased to Rs. 243.12 bn from Rs. 196 bn, while total expenses rose to Rs. 261.88 bn.

Aircraft fuel expenses jumped 67.2 per cent to Rs. 99.67 bn. During the quarter, available seat kilometres (ASKs) declined 1 per cent to 40.8 bn, while passengers carried fell 4.7 per cent to 27.5 mn. IndiGo expects capacity to grow by early single digits in the December quarter compared with a year earlier. Its shares closed unchanged at Rs. 4,680 on the BSE.

IndiGo may raise airfares to offset a sharp increase in fuel costs, chief executive officer Willie Walsh said, as the airline reported a net loss of Rs. 18.79 bn for the September quarter. Higher fuel expenses and rupee depreciation offset stronger revenue during the period. Walsh said IndiGo would seek to limit fare increases, but the significant rise in its fuel bill left the airline with little choice. He said the company’s efficient cost base and strong liquidity provided flexibility to manage higher operating expenses without undertaking significant cost-cutting measures. Fuel prices have risen amid the West Asia crisis and wider geopolitical uncertainties, pushing up operating costs across the airline industry. IndiGo and other carriers have also introduced fuel surcharges, while the airline responded to the difficult environment through capacity reductions and yield management. InterGlobe Aviation, IndiGo’s parent company, reported a loss of Rs. 18.79 bn in the September quarter, narrower than the Rs. 25.82 bn loss recorded in the corresponding period a year earlier. Total income increased to Rs. 243.12 bn from Rs. 196 bn, while total expenses rose to Rs. 261.88 bn. Aircraft fuel expenses jumped 67.2 per cent to Rs. 99.67 bn. During the quarter, available seat kilometres (ASKs) declined 1 per cent to 40.8 bn, while passengers carried fell 4.7 per cent to 27.5 mn. IndiGo expects capacity to grow by early single digits in the December quarter compared with a year earlier. Its shares closed unchanged at Rs. 4,680 on the BSE.

Related Stories

Gold Stories

Next Story
Equipment

Terex to Acquire Keestrack, Expanding Crushing Portfolio

Terex Corporation has signed a definitive agreement to acquire Keestrack, a manufacturer of mobile crushing, screening and related equipment for the aggregates, recycling, construction and demolition industries. Financial terms were not disclosed.Founded in Belgium in 1988, Keestrack serves customers in more than 65 countries through a network of over 70 distributors. The acquisition will expand Terex Materials Processing’s crushing and screening portfolio and add manufacturing and distribution capabilities.After completion, Keestrack will continue as an independent brand within the Terex Ma..

Next Story
Infrastructure Energy

IES Taskforce Reviews Final Report on Power-Sector Digital Platform

The India Energy Stack (IES) Taskforce has reviewed its Final Report in New Delhi. The document sets out a strategy, architecture, governance framework and pathway to scale IES as digital public infrastructure for India’s power sector. The Ministry of Power constituted the Taskforce in June 2025.The report was presented by Prince Dhawan, Executive Director, REC Limited, and Swetha Ravi Kumar, Executive Director, FSR Global. Dr Ram Sewak Sharma, Chairperson of the Taskforce, outlined the way forward.IES is a common set of open standards and protocols designed to let utilities, regulators, mar..

Next Story
Infrastructure Urban

LANXESS, HINCOL Partner on Road Construction Technologies

LANXESS India and Hindustan Colas Private Limited (HINCOL) have signed a Memorandum of Understanding to assess technical and commercial opportunities in bitumen and asphalt modification for India’s infrastructure market.The companies will conduct laboratory and commercial-scale evaluations of Addipave CR 36, LANXESS’ cross-linking technology for polymer-modified bitumen (PMB). LANXESS will provide the product, technical expertise and trial support, while HINCOL will contribute testing facilities, operational support and performance assessments under local conditions. The trials will examin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code