With a little help from oil and the dollar, IndiGo will have a perfect storm of profitability in Q3: Ronojoy Dutta
“Our revenues are very strong. Our two problems are high fuel prices and the dollar being so strong. You know, 70% of our costs are in dollars so whether it is fuel, whether it is maintenance, whether it is aircraft leasing we pay for all that in dollars and that is really a problem for us.”
