IndiGo shares were trading 1% lower on December 11 after the airline reduced its capacity and passenger unit revenue forecast for the third quarter.
This, after the civil aviation regulator DGCA directed the carrier to cut 10% of its domestic winter schedule following mass flight cancellations.
At 10:05 am on December 11, IndiGo shares on NSE were trading 0.8% lower at Rs 4,769.5 apiece.
The airline said it now expects its third-quarter capacity to grow in "high single to early double-digit percentage", down from the earlier forecast of growth in "high teens."
It expects passenger unit revenue for the third quarter to be impacted by a "mid-single digit percentage downward moderation" versus the earlier forecast of flat to slight growth.
The budget airline had scrapped at least 2,000 services last week because of poor pilot roster planning, leaving tens of thousands of passengers stranded.
IndiGo said the regulator's decision will also have an impact on its fourth-quarter capacity outlook, but added that it will provide impact on its fourth quarter as well as full-year 2026 guidance subsequently.
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