IndiGo lowers Q3 guidance after flight disruptions, DGCA order

InterGlobe Aviation (IndiGo) has updated its guidance for Q3 FY2025-26, anticipating a downward moderation following significant operational disruptions. During the first week of December, the airline cancelled approximately 4,500 flights, leading to revenue loss and additional expenses for passenger support services.

Further impacting the airline, the DGCA notified IndiGo on December 9, 2025, to curtail scheduled domestic flights for the Winter Schedule 2025 by 10%. This directive will affect capacity guidance for Q3 FY2025-26, Q4 FY2025-26, and FY2025-26.

Consequently, IndiGo's revised Q3 FY2025-26 guidance for capacity (ASKs) is now high single to early double-digit (%) growth, down from high teens. Passenger unit revenues (PRASK) are expected to see a mid-single digit (%) downward moderation, contrasting with the earlier projection of flattish to slight growth.