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IndiGo Reports 3Q Profit Drop Amid Rising Forex Losses

IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.

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Boeing Updates December 2025 Order Book with Major Changes

Boeing has released its December 2025 order book update, revealing significant changes in aircraft orders and cancellations. Among the most notable updates, flydubai, a major carrier based in the United Arab Emirates, has placed an order for 30 additional Boeing 737 MAX aircraft to support its growing operations and network expansion plans.

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Air India Finalizes Airbus Order Details

Air India has finalized its comprehensive aircraft order with Airbus, comprising a total of 350 aircraft. The order includes 210 A321neo, 90 A320neo, 25 A350-900, and 25 A350-1000 models. As part of this agreement, six A350-900s have already been delivered, marking a significant milestone in Air India’s ongoing fleet modernization strategy.

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IndiGo Wet Leases Four A320s from Freebird Airlines

IndiGo (India) has entered into a wet lease agreement with Freebird Airlines (Turkiye) for four Airbus A320 aircraft. The aircraft, identified by serial numbers 4658, 3514, 3852, and 5906, will bolster IndiGo’s operational capacity during high-demand periods, ensuring the airline can maintain its extensive domestic and international route network.

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IndiGo Expands Fleet with Four ATR 72-600 Deliveries

IndiGo, India’s largest airline, has expanded its regional fleet with the delivery of four ATR 72-600 aircraft. The newly delivered aircraft, with serial numbers 1708, 1715, 1712, and 1703, are all powered by PW127M engines. This addition bolsters IndiGo’s capability to serve regional routes more efficiently, aligning with its strategy to enhance connectivity across India.

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Akasa Air Executives Suspended by DGCA

The Directorate General of Civil Aviation (DGCA) has suspended two senior executives of Akasa Air (India) for a period of six months, citing lapses in pilot training. The individuals affected are Niraj Bhatia, Director of Training, and Floyd Gracious, Director of Flight Operations. This regulatory action underscores the critical importance of maintaining rigorous standards in aviation training and operational oversight.