IndiGo Falls Into The Red Thanks To Fuel Price Spike

indigo jet
Credit: Rob Finlayson
IndiGo saw a reversal in its financial fortunes as it slipped to a net loss in its latest quarterly report, with higher fares and strong domestic demand not enough to offset soaring fuel costs. The carrier reported a net loss of INR2.4 billion ($24.9 million) for the three months through June 30...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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