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THIS AFTERNOON: L&T grabs USD 992 mn contract in Kuwait
Plus: IndiGo’s overseas push hits Airbus delay
IndiGo posts surprise loss of USD 270 mn in 4Q FY 2026
Shares of the airline have fallen nearly 13% this year
IndiGo CEO Pieter Elbers steps down
The airline chief is exiting, citing personal reasons, after mass cancellations triggered regulatory scrutiny over pilot duty planning
Dubai’s Al Hind Air and FlyExpress secure clearance to launch in India
The Civil Aviation Ministry says India is targeting a five-airline market to support demand after 4k IndiGo cancellations between 1-9…
IndiGo crisis exposes structural weaknesses in India’s aviation sector
India’s aviation regulator has ordered IndiGo to cut its winter flight schedule by 10% after more than 2k cancellations this…