IndiGo Share Price in Focus; Revises Q3 FY26 Guidance Following Operational Disruptions and DGCA Directive

InterGlobe Aviation, the operator of IndiGo, has issued an updated outlook for Q3 FY2025-26 after a series of operational challenges earlier in December. 

The airline experienced large-scale flight cancellations and has since received a DGCA directive to reduce domestic winter schedule capacity.

This has led to a revision of previously issued performance guidance.

IndiGo Revised Guidance for Q3 FY2025-26

Given the disruption and mandated capacity cuts, the airline has moderated its earlier guidance.

Capacity growth measured in Available Seat Kilometres, initially forecast to rise in the high-teens, is now expected to move within a high single-digit to early double-digit range.

 Passenger unit revenues, previously projected to be broadly flat to slightly higher, are now anticipated to show a mid-single-digit decline compared with the earlier view.

Operational Disruptions and Flight Cancellations

IndiGo reported that despite restoring services across its optimised network, it faced significant disruption during the first week of December 2025. 

Measures put in place to stabilise operations resulted in the cancellation of approximately 4,500 flights. 

These cancellations contributed to a loss of revenue, and the airline continues to incur additional expenditure while providing support to affected passengers.

DGCA Requirement to Reduce Winter Schedule Capacity

On 9 December 2025, the Directorate General of Civil Aviation instructed IndiGo to scale back its scheduled domestic winter operations by 10%.

This directive affects the carrier’s capacity outlook for Q3, Q4 and the full FY2025-26 period.

IndiGo has stated that it is working to comply with the regulator’s notice and will update its guidance for the later quarters once the operational impact is assessed.

IndiGo Customer Support and Operational Compliance

IndiGo has reiterated its focus on assisting passengers affected by the disruptions and continues to provide updated information on flight schedules, rebooking options and refunds.

The airline has emphasised that its operations remain compliant with crew duty time limits and safety requirements, consistent with its long-standing regulatory adherence.

IndiGo Share Price Performance

InterGlobe Aviation’s shares were trading at ₹4,753.50, down 1.08%. The stock opened at ₹4,650.00, reached a high of ₹4,802.00 and recorded a low of ₹4,645.00 during the morning session. The previous close was ₹4,805.50.

Read More: IndiGo Operational Disruptions: DGCA Calls Airline Leadership for Detailed Review on 11 December.

Conclusion

IndiGo’s revised guidance reflects the operational pressures experienced in early December and the implications of the DGCA’s capacity reduction requirement.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.