India’s airline industry to see 11-14% operating profit this fiscal: Report

August 21, 2025 2:01 PM

India’s airline industry to see 11-14% operating profit this fiscal: Report

The domestic airline industry is expected to witness an operating profit of 11-14% to ₹20,000-21,000 crore this fiscal (FY26), a report stated on Thursday.  The second half of this fiscal, which typically accounts for 50-55% of annual traffic, is expected to see faster growth, Crisil Ratings said in its report. However, this fiscal year, the growth is expected to remain moderate compared to ₹23,500 crore in the last fiscal year, due to muted demand in the first quarter and an anticipated ...

IndiGo launches business class service for first time in 18 years

September 16, 2024 4:32 PM

IndiGo launches business class service for first time in 18 years

IndiGo, India's leading low-cost carrier, has announced a significant expansion of its services on its 18th anniversary. For the first time since its inception, the airline will introduce business class seats, marking a notable shift from its traditional no-frills model. CEO Pieter Elbers revealed that starting tomorrow, passengers traveling between metro cities will have the option to book business class seats on IndiGo flights. CEO Elbers said, "Starting tomorrow, passengers travelling betwe...