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IndiGo: Strong Revenue, Weaker Profits

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The Delhi-based low-cost airline, IndiGo, reported a net profit of Rs 5.49 billion for the quarter ended December 31 last year, compared with Rs 24.48 billion during the same period last year. In a statement to the Bombay Stock Exchange,…

India’s DGCA’s Warning Shot at IndiGo

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The Delhi-based low-cost airline, IndiGo, has been fined a record Rs 2.22 billion ($24.4 million) and warned six officers, including Pieter Elbers, the Chief Executive Officer. The airline has also been asked to deposit bank guarantees of Rs 0.5 billion,…

The Year Indian Aviation Lost Its Slack

Indian aviation

It was expected to be a year of substantial profits for IndiGo, a visibly advancing Air India turnaround, a rebounding SpiceJet, and a stronger Akasa Air. Instead, 2025 became the year India’s aviation system ran out of slack. With benign…

IndiGo Crisis Triggers Rare Regulator Crackdown

IndiGo

Crisis-hit IndiGo remained at the centre of India’s aviation sector in mid-December as its shares fell sharply, the regulator curtailed capacity, and the chief executive, Pieter Elbers, was summoned by the government to explain the disruptions. More than 17,000 IndiGo…