IndiGo Shares Rise 2% After Hiking Ancillary Service Charges
· Business · Economic Times
IndiGo's parent company, InterGlobe Aviation, saw its shares gain 2% to Rs 4,943 on the BSE after raising prices for domestic ancillary services including infant travel, excess baggage, and priority check-in. The airline increased the infant travel fee from Rs 2,000 to Rs 3,000 per infant accompanying an adult on domestic flights. Excess baggage charges were raised to Rs 800 per kg from Rs 700 per kg, and the combined priority check-in and boarding fee was increased to Rs 650 from Rs 450. These revisions apply only to domestic flights and are in addition to the base ticket fare. IndiGo reported a net loss of Rs 238 crore in Q1 FY27, compared to a profit of Rs 2,176 crore in the same quarter last year, despite a 20% year-on-year revenue rise to Rs 24,584 crore driven by higher fuel costs amid the Middle East conflict.
Why it matters
Passengers using IndiGo's domestic services will now pay more for infant travel, excess baggage, and priority airport services, increasing their overall travel cost. The price hikes aim to offset rising operational expenses, particularly fuel costs, which contributed to the airline's quarterly loss despite strong revenue growth.
Read the original report — Economic Times
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.