IndiGo Swings Back to Loss on Virus Flareup, Higher Fuel Costs
Updated: 26 May 2022, 09:04 AM IST
TL;DR.IndiGo, India’s biggest airline, is expecting to raise ticket prices as it works toward becoming profitable amid rising fuel expenses, which dragged the airline back into a loss in the fourth quarter.
FILE PHOTO: The logo of IndiGo Airlines is pictured on a passenger aircraft on the tarmac in Colomiers near Toulouse, France, July 10, 2018. REUTERS/Regis Duvignau