IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie Walsh

What happened: IndiGo posted a Rs 1,879-crore loss, citing high fuel costs and geopolitical woes. CEO Willie Walsh said capacity cuts and yield management offer only partial relief. Key numbers: Loss of Rs 1,879 crore. December quarter capacity growth guided at low single digits. Passenger revenue expected to rise more than 25%. Why it matters: Walsh said fares will stay elevated in the festive quarter to offset the higher fuel bill, while occupancy may remain flat. IndiGo plans to rationalise flights but will not delay aircraft deliveries or long-term international expansion.

IndiGo posted a Rs 1,879-crore loss, citing high fuel costs and geopolitical woes. CEO Willie Walsh said capacity cuts and yield management offer only partial relief.

Walsh said fares will stay elevated in the festive quarter to offset the higher fuel bill, while occupancy may remain flat. IndiGo plans to rationalise flights but will not delay aircraft deliveries or long-term international expansion.