From passenger unit to capacity change — IndiGo cuts Q3 guidance amid flight cancellations

IndiGo Q3 Guide: India’s largest airline operator IndiGo announced on Wednesday, December 10, 2025, that the firm has cut its third quarter (October-December) target, although the overall financial impact of flight cancellations cannot be determined at this stage.

IndiGo, in its BSE filing on December 10, said the airline expects a “downward moderation” from the third quarter of 2025-26 on an annual (annual) basis due to flight cancellations across the country.

“We continue to monitor the revenue environment and the overall fiscal impact cannot be quantified at this stage. However, based on our current estimates, we expect a downward moderation in our previously reported Q3 2025-26 guidance on a year-on-year comparison basis,” IndiGo said in a filing to stock exchanges.

IndiGo’s revised third quarter guidance

According to the official announcement, IndiGo’s revised passenger unit forecast for the October-December quarter of the financial year ending 2025-26 showed high single to early double digit (%) growth in ASKs, compared to earlier high-teens growth in ASKs.

The updated figures are a revision of Q3 guidance figures published on November 4, 2025 for the third quarter.

In terms of capacity change (%), IndiGo’s revised Q3 guidelines forecast a downward moderation in mid-single digits (%) by the third quarter of fiscal 2025-26, compared to the company’s earlier estimates of flat to slight growth in this period.

“IndiGo is committed to assisting our customers and addressing their queries and demands on a war-fighting basis. We would like to reiterate that all our operations are fully compliant with relevant FDTL norms and security regulations, as has been the case for the last two decades,” the company said in a filing to the stock exchanges.

(This is a developing story. Please check back for updates.)