5 Comments
User's avatar
Divya Rai's avatar

The ₹2,500 crore loss is misleading. Strip out the rupee-driven accounting hit and IndiGo made ₹1,920 crore. The real story is $10 billion of dollar exposure with no hedge — the same asset-light model that built the airline is now its biggest liability. And the fuel pain from the Iran war hasn’t even fully landed ye

Virender Mehta's avatar

Ruppe depreciation+ Fuel price hike + December crisis= Deadly Poison for Indigo airline.

Virender Mehta's avatar

Now a days water crisis is touching it's peak regions like rajsthan and near by state haryana.

Siddharth Bothra's avatar

Could the Finance Department @ Indigo not hedged this foreign currency exposure through Forward / Futures contracts? Just thinking out loud.

Sumit's avatar

Same question here.