IndiGo Fair Price: IndiGo CEO Willie Walsh on Thursday said the seasonally soft September quarter saw exceptionally elevated fuel costs and continued geopolitical turmoil, adding that the airline has no choice but to look to increase fares.

"We have no choice but to look to increase fares to offset a very significant rise in fuel bill. We will continue to look at measures to trim expenses but should not expect any significant cost measures," Walsh explained factors responsible for the fare hike despite the festival season.

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The CEO of the country's largest airline said the seasonally soft September quarter saw exceptionally elevated fuel costs and continued geopolitical turmoil. However, he stated that IndiGo has a very efficient cost base and strong liquidity that gives us a lot of options.

IndiGo's Fee Applicability

The airline says the fees for the IndiGo UpFront Upgrade are charged on a per‑passenger, per‑journey basis and are inclusive of applicable taxes. The upgrade fee is dynamic and varies by passenger and sector, it highlights, adding that the exact amount displays once the IndiGo UpFront Upgrade is added to the booking. 

IndiGo Posts Rs 1,879.1 Cr Loss In September Quarter

In another development, IndiGo reported narrowing its loss to Rs 1,879.1 crore in the three months ended September as higher fuel costs and rupee depreciation impacted the bottom line.

The airline had a loss of Rs 2,582.1 crore in the same period a year ago. In the second quarter of the current fiscal year, the total income of InterGlobe Aviation, the parent of IndiGo, rose to Rs 24,311.9 crore from Rs 19,599.5 crore in the year-ago period, according to a regulatory filing.

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However, total expenses in the latest September quarter surged to Rs 26,188.4 crore, with aircraft fuel expenses surging 67.2 per cent to Rs 9,966.8 crore. The airline said exceptionally high fuel costs and rupee depreciation weighed on profitability.

"We responded with prudent capacity reduction and yield management, supporting strong revenue performance but only partially offsetting the higher costs. Despite these actions, the quarter resulted in a net loss of around 19 billion rupees," Walsh said in a release.

In the 2026 September quarter, capacity was reduced by 1 per cent to 40.8 billion ASKs (Available Seat Kilometres) while the number of passengers flown decreased by 4.7 per cent to 27.5 million.

(With PTI inputs)