IndiGo cancellations add to demand drag as airfares slide to four-year low
According to analysts at Elara Capital, airfares slipped about 1% in the October-December period from 5,485 last year to 5,436 in 2025, even as domestic air travel growth slowed sharply to 3% growth in Q3FY26 compared to the same period in FY25, from 9% in Q3FY25 compared to Q3FY24. According to Gagan Dixit, aviation, chemicals,…