IndiGo CEO says ‘no choice’ but to consider fare hikes as fuel costs surge

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.