American Doubles Down on CFM; P&W hammered




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,…

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,…

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…

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…