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IndiGo shares fall over 3% amid likely cost impact as Pakistan shuts airspace

Due to airspace closure by Pakistan, a few of our international flights continue to be impacted, says IndiGo

April 25, 2025 / 15:23 IST
IndiGo shares fall over 3% after Pakistan shuts airspace
     
     
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    Airline major IndiGo's shares fell over 3% on April 25 after it informed fliers that the closure of Pakistan airspace for Indian flights will impact few of its international flight flying over the neighbouring country. The airline has advised fliers to check their flight status and rebooking options at the earliest.

    Apprising fliers of the ongoing situation, IndiGo posted on X, saying, "Due to airspace closure by Pakistan, a few of our international flights continue to be impacted. Our teams are working diligently to assess the situation and assist impacted customers with the best possible alternatives."

    "We’re closely monitoring the situation following the sudden airspace closure by Pakistan. Some of our international flights remain impacted.," it added.

    The airline stressed that the sudden development may disrupt travel plans of fliers, and those impacted can visit Indigo's website and explore flexible rebooking options or claim a refund as per preference.

    At 3 pm on April 25, IndiGo shares on BSE were trading 3.5% lower at Rs 5,322 apiece.

    Why have airpaths and flight plans been affected?

    In the aftermath of the Pahalgam terror attack, where 26 people were killed by terrorists, India retaliated by suspending the Indus Waters Treaty (IWT), expelling Pak's military attachés and shutting down the Attari land-transit post. Pakistan responded by closing its airspace for Indian aircraft and suspending Shimla agreement.

    Airspace closures, like in the aftermath of the Pulwama terror attack in 2019, can lead to longer detours and eventually, higher aviation fuel consumption, thereby affecting an airline's operating cost and bottomline.

    Moneycontrol News
    first published: Apr 25, 2025 03:06 pm

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