IndiGo CEO Warns Of Further Fare Hikes Amid Rising Fuel Costs
· Business · Hindustan Times, Times of India, India Today
IndiGo CEO Willie Walsh stated that the airline has no choice but to increase ticket prices due to a significant rise in its fuel bill. Jet fuel currently accounts for approximately 40% of the airline's total operating costs, making the company highly vulnerable to global price volatility. The airline has already revised its fuel charges on both domestic and international routes, with the latest adjustments taking effect on October 6. Domestic fuel charges now range from ₹375 to ₹1,300 per sector, while international charges vary between ₹1,000 and ₹10,000 depending on the destination. The company plans to continue monitoring fuel prices and will implement further adjustments if necessary.
Why it matters
Rising airfares directly impact the travel budget of Indian passengers and could dampen demand for domestic and international air travel as airlines pass on increased operating costs.
Read the original report — Hindustan Times
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