11 publishers · first seen Thu, 29 Oct 2026 00:00 UTC · updated Fri, 30 Oct 2026 04:36 UTC
IndiGo's parent company, InterGlobe Aviation Ltd, reported a net loss of ₹1,879 crore for the July–September quarter of fiscal year 2027, as fuel expenses surged 67% year-on-year to ₹9,967 crore. CEO Willie Walsh stated the airline has 'no choice' but to consider increasing fares to offset the significant rise in its fuel bill, having recovered only about 60% of the increased costs through fare hikes and other measures.
The airline has reintroduced fuel surcharges ranging from ₹375 to ₹10,000 on domestic and international routes, with jet fuel prices rising 13.2% month-on-month in October 2026. IndiGo carried 27.5 million passengers in the quarter, down 4.7% year-on-year, and reduced capacity by 1%. Revenue from operations rose 26% to ₹23,364 crore, while total expenses reached ₹26,188 crore.
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