IndiGo has a forex headache

India’s largest airline surprisingly doesn’t seem to have a hedging strategy that is good enough to guard against a weakening rupee. This could potentially clip its wings.

25 November, 20259 min
2
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
IndiGo has a forex headache

You may also like

Business
Story image

Can Jeet Adani’s airports ride out Iran war?

The Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.

Business
Story image

How Gulf aviation is navigating the Iran war

The most profitable airline carriers are having to contend with the new realities of flying in the face of missiles and drones.

Business
Story image

Rahul Bhatia is IndiGo’s good, and bad, news

Investors have backed the founder’s move to ease out the airline’s CEO and take charge in the interim. But they should be worried about the airline’s dependence on him.