IndiGo to raise airfares further amid fuel price hikes

IndiGo said it will pass on higher jet fuel costs to domestic and international passengers through increased airfares. During the analysts' call, CEO Rahul Bhatia said demand remains resilient despite rising ticket prices. "For the moment, what we are seeing is that as we take the fares up, the market is inelastic to these hikes and fares," he stated.