Overview of Financial Performance InterGlobe Aviation, the parent company of India’s largest airline, IndiGo, reported a net loss of Rs 2,662.1 crore for the fourth quarter of the 2025-26 fiscal year, a significant downturn from the Rs 3,073.4 crore profit recorded in the same period last year. Despite the headline loss, the airline managed a…
Sunbird France has officially petitioned the Delhi High Court to enforce an $8 million arbitration award granted by a London court against Indian carrier SpiceJet. The legal move, filed this week, centers on long-standing disputes regarding unpaid engine lease rentals and associated maintenance dues. This development marks a significant escalation in the financial pressures currently…
New Liquidity Windows for Indian Carriers SpiceJet and Akasa Air have emerged as the primary contenders to secure airline-specific credit lines under the Indian government’s Emergency Credit Line Guarantee Scheme (ECLGS), according to industry reports surfacing this week. The initiative, aimed at stabilizing the aviation sector, offers loans capped at ₹1,000 crore per carrier with…
