Higher fuel costs push IndiGo to bigger loss in Q4

InterGlobe Aviation, the operator of India's biggest airline IndiGo, reported a larger loss for the fourth quarter on Wednesday as higher fuel costs more than offset a rebound in demand for air travel. After two years of pandemic-curtailed travel, airlines globally have made a comeback in recent months riding on a wave of pent-up demand that has encouraged them to bump up capacity. https://ift.tt/V14W0tR