IndiGo slips into Q1 loss as fuel costs, West Asia disruptions weigh on earnings
However, a combination of fuel price escalation, adverse foreign exchange movement and the Middle East conflict impacted profitability during the quarter,” Negi said during the post-results earnings call.Notably, fuel costs remained the biggest drag on earnings during the quarter. Total debt, including capitalised operating lease liabilities, stood at ₹81,531 crore.The airline operated a fleet of 432 aircraft at the end of the quarter, including three Airbus A321XLR aircraft, six damp-leased Boeing 787 aircraft, 176 Airbus A321neo aircraft and 44 ATR aircraft. Comments Published on July 23, 2026 READ MORE
- ▪However, a combination of fuel price escalation, adverse foreign exchange movement and the Middle East conflict impacted profitability during the quarter,” Negi said during the post-results earnings call.Notably, fuel costs remained the big
- ▪Total debt, including capitalised operating lease liabilities, stood at ₹81,531 crore.The airline operated a fleet of 432 aircraft at the end of the quarter, including three Airbus A321XLR aircraft, six damp-leased Boeing 787 aircraft, 176
- ▪Comments Published on July 23, 2026 READ MORE
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Elevated aviation turbine fuel (ATF) prices, network-related constraints arising from the conflict in West Asia and adverse foreign exchange movements pushed InterGlobe Aviation, parent of airline major IndiGo, into a consolidated net loss of ₹238 crore during the first quarter of FY27 ended June 30, 2026, against a net profit of ₹2,176 crore in the corresponding period last year.Despite the loss, the country’s largest airline reported strong revenue growth, supported by improved passenger yields and sustained travel demand.Accordingly, revenue from operations increased 19.9 per cent year-on-year to ₹24,584 crore, while total income rose 18.9 per cent to ₹25,614 crore.Revenue IncreaseBesides, passenger ticket revenue grew 23 per cent to ₹21,879 crore, while ancillary revenue increased…
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