IndiGo has warned that the Iran war and subsequent surge in crude oil prices will weigh on travel demand during the summer season, as airlines pass on higher expenses to passengers.
The budget carrier, which enjoys over 60% market share in India, has signaled that its international summer schedule remains fluid, while domestically it's still recovering from significant operational disruptions.
IndiGo has begun levying a fuel surcharge ranging from ₹425 to ₹2,300 on 14 March, with peers including Air India, Air India Express, and Akasa Air following suit.
The airline will 'recalibrate capacity accordingly' based on how the geopolitical situation evolves.
