IndiGo swung to a loss in the first quarter of fiscal year 2027, as a fresh escalation in the Middle East threatens to undo the airline’s efforts to outrun a historic spike in fuel costs. The carrier posted a net loss of INR 2.4 billion ($24.5 million), reversing a INR 21.8 billion ($225 million) profit in the same period last year, Chief Financial Officer Gaurav Negi said at the earnings call Thursday.
The loss came even as IndiGo raised fares sharply — yields rose 21.3% year-over-year — and the airline is now guiding to unit revenue growth of more than 25% for the current quarter.
Fuel costs per available seat kilometer jumped roughly 80% year-over-year, nearly halving the airline’s core operating profitability.
Middle East Crisis Reignites Just as Costs Looked Set to Ease
The quarter
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from content and romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation, and don’t publish clone new content more than just one time
