IndiGo CEO says ‘no choice’ but to consider fare hikes as fuel costs surge
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
IndiGo's CEO Willie Walsh has indicated that ticket prices may soon rise as the airline grapples with soaring fuel costs, which have climbed by 67.2 percent compared to last year. Despite facing substantial challenges, with a net loss of Rs 1,879.1 crore for the September quarter...
IndiGo's CEO Willie Walsh has indicated that ticket prices may soon rise as the airline grapples with soaring fuel costs, which have climbed by 67.2 percent compared to last year. Despite facing substantial challenges, with a net loss of Rs 1,879.1 crore for the September quarter, Walsh emphasizes the importance of cutting expenses and maintaining operational efficiency to manage these rising costs successfully.
Original Source
https://timesofindia.indiatimes.com/business/india-business/indigo-ceo-says-no-choice-but-to-consider-fare-hikes-as-fuel-costs-surge/articleshow/135307300.cms
