IndiGo Warns Fares May Rise as Fuel Costs Climb
IndiGo's chief executive says the airline has no choice but to consider raising fares. He described the rise in its fuel bill as very significant. The airline may increase ticket prices to offset higher fuel costs, according to the report.
Context
Context: Jet fuel, also called ATF, is one of the biggest costs for Indian airlines, and its price moves with global oil markets. When fuel costs rise, airlines often pass some of the cost on to passengers through higher fares.
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