🚀 Business & Startups🇮🇳 India
IndiGo Posts ₹238 Crore Loss as Fuel Costs Bite, MD Warns on Airport-Airline Ownership
mint - companies·Friday, 24 July 2026
IndiGo reported a ₹238 crore consolidated loss for the April-June quarter, a sharp reversal from a ₹2,176 crore profit in the same period last year, with higher fuel costs cited as the main culprit. Managing Director Rahul Bhatia also flagged a conflict of interest concern, saying airport operators should not be allowed to own airlines.
Why It Matters
IndiGo carries more than half of all domestic air passengers in India, so its financial health directly affects ticket prices, routes, and jobs for millions of travellers.
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