IndiGo shares slipped nearly 1% on December 11 after the airline lowered its capacity and revenue outlook for the third quarter, days after the aviation regulator ordered it to cut 10% of its domestic winter schedule.
At 10:05 am, IndiGo was trading 0.8% lower at ₹4,769.5 on the NSE.
Q3 growth outlook revised downward
The airline said it now expects its third-quarter capacity to grow in “high single to early double digits,” a sharp reduction from its earlier forecast of “high teens.”
Passenger unit revenue is also expected to see a mid-single-digit decline, compared with the earlier guidance of flat to slight growth.
Impact of mass cancellations
IndiGo had cancelled over 2,000 flights last week due to poor pilot roster planning, leaving tens of thousands of passengers stranded and prompting severe regulatory intervention.
The DGCA subsequently directed the airline to trim about 110 flights per day, freeing up slots for other carriers.
Fourth-quarter impact likely
IndiGo acknowledged that the regulator’s decision will also affect its Q4 capacity outlook, and said it will issue updated guidance for Q4 and FY26 at a later stage.