IndiGo reduces its quarterly loss despite rising fuel costs
IndiGo CEO Willie Walsh said the airline must consider increasing fares. The airline reported a net loss of Rs 1,879.1 crore in the September quarter. Fuel costs rose 67.2% year-on-year. Operating revenue increased 26% to Rs 23,364 crore.
- IndiGo CEO Willie Walsh stated the airline must consider increasing fares.
- IndiGo reported a net loss of Rs 1,879.1 crore for the September quarter.
- Revenue from operations increased 26% year-on-year to Rs 23,364 crore.
Outlets: Business Recorder, Business Standard, Hindustan Times, The Economic Times, Times of India (Top)
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