IndiGo’s share price opened 3 percent lower on Thursday following the airline’s warning of a reduction in its capacity and revenue outlook for Q3 FY25-26, attributed to significant operational disruptions in early December. By 10:36 am, shares were trading flat at ₹4,802 after touching a low of ₹4,650 against a previous close of ₹4,805.50 on the NSE.
In a filing to the stock exchange, IndiGo noted that despite resuming operations across its optimized network, the first week of December experienced “significant disruption,” resulting in approximately 4,500 flight cancellations. These cancellations not only led to revenue losses but also incurred additional expenses as the airline provided passenger support services.
The situation escalated on December 9, 2025, when the Directorate General of Civil Aviation (DGCA) instructed IndiGo to reduce scheduled flights for the domestic winter schedule by 10 percent. This directive will impact the airline’s capacity guidance for Q3 FY25-26, Q4 FY25-26, and the full fiscal year.
IndiGo is currently in the process of addressing the regulator’s notice and plans to update its Q4 and FY26 outlook later. Consequently, the airline expects a “downward moderation” in its previously announced Q3 guidance on a year-over-year basis. Capacity growth, measured in Available Seat Kilometers (ASKs), which was initially projected in the high teens, has now been amended to a range of high single to early double-digit growth. Additionally, Passenger Revenue per Available Seat Kilometer (PRASK), which was expected to remain flat or see slight growth, is projected to experience a mid-single-digit downward adjustment.
IndiGo emphasized that it is closely monitoring the revenue environment and cannot fully quantify the overall financial impact at this time. The airline reaffirmed its commitment to customer service and adherence to flight duty time limitations and safety regulations, noting that operations have normalized in recent days.
On December 11, 2025, the airline is expected to operate over 1,950 flights, serving approximately 30,000 customers. A company spokesperson stated that IndiGo is working closely with authorities to stabilize operations and remains dedicated to safety and efficiency.
IndiGo acknowledged that some customers traveling on December 3, 4, and 5, 2025, faced significant delays and were stranded at airports due to severe congestion. As compensation, the airline will offer travel vouchers worth ₹10,000, which can be used for any IndiGo journey within the next 12 months. This is in addition to the compensation mandated by government guidelines, under which passengers whose flights were canceled within 24 hours of departure will receive between ₹5,000 and ₹10,000, depending on the flight’s block time.
Published on December 11, 2025.
