Interglobe Aviation Ltd Share Price – NSE  / BSE

Air Transport Service, Mid Cap

Interglobe Aviation announced that CRISIL has placed its ratings on the bank facilities of the Company on 'Watch with Developing Implications' as detailed below:

Long term rating - CRISIL AA-/Watch Developing (Placed on 'Rating Watch with Developing Implications')

Short term rating - CRISIL A1+/Watch Developing (Placed on 'Rating Watch with Developing Implications')

Walsh, currently Director General of the International Air Transport Association (IATA), is expected to join IndiGo by 3 August 2026 after completing his tenure. He brings extensive global aviation experience, having previously served as CEO of British Airways and International Airlines Group.

The company said Walsh will oversee overall management and strategic direction, with a focus on improving operational performance, expanding network and commercial strategy, and enhancing customer experience.

The appointment comes after the departure of former CEO Pieter Elbers, who stepped down on 11 March 2026 following a period marked by operational disruptions, including widespread flight cancellations.

IndiGo is India?s preferred and amongst the fastest growing carriers in the world. With its fleet of 400+ aircraft, the airline operates around 2200+ daily flights, connecting 95+ domestic and 40+ international destinations, and welcomed 124 million customers in CY25.

On a consolidated basis, Interglobe Aviation's net profit declined 77.55% to Rs 549.80 crore while net sales rose 6.16% to Rs 23471.90 crore in Q3 December 2025 over Q3 December 2024.

Walsh, currently director general of IATA (International Air Transport Association), is expected to join IndiGo by 3 August 2026 after completing his tenure at the industry body. He brings decades of global aviation experience, having previously served as CEO of British Airways and International Airlines Group.

The company said Walsh will be responsible for overall management and strategic direction, with a focus on strengthening operational performance, expanding network and commercial strategy, and enhancing customer experience.

IndiGo is India?s preferred and amongst the fastest growing carriers in the world. With its fleet of 400+ aircraft, the airline operates around 2200+ daily flights, connecting 95+ domestic and 40+ international destinations, and welcomed 124 million customers in CY25.

On a consolidated basis, Interglobe Aviation's net profit declined 77.55% to Rs 549.80 crore while net sales rose 6.16% to Rs 23471.90 crore in Q3 December 2025 over Q3 December 2024.

Powered by Capital Market - Live News

Interglobe Aviation announced the appointment of Aloke Singh as Chief Strategy Officer of the Company effective 06 April 2026.

More recently, Singh served as the Managing Director and Chief Executive Officer of Air India Express, where he played a pivotal role in the airline's transformation, delivering operational improvements and driving rapid growth. He has previously held senior leadership positions, including in the Strategy domain, at Air India and Oman Air.

Powered by Capital Market - Live News