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When a commander lost control

Financial Express Mumbai

|

December 11, 2025

OVER THE LAST THREE YEARS, PIETER ELBERS HAS STEERED INDIGO'S MARKET SHARE DOMINANCE IN THE INDIAN AVIATION INDUSTRY

- YARUQHULLAH KHAN

JUST WEEKS BEFORE the IndiGo crisis erupted, Pieter Elbers, during the post Q2 FY26 earnings call on November 4, painted a picture of operational excellence. He boasted about leading the industry in on-time performance for nine consecutive months, praised the airline's “meticulous planning” and “relentless focus on execution,” and announced plans for early teens capacity growth.

The 55-year-old Dutch obviously spoke too soon, as there is now much uncertainty about whether he will be able to retain his seat as IndiGo’s chief executive officer. The carrier's delay in preparing for the new flight duty rules throwing air travel in utter chaos over the past week seems to have undone much of his good work. During one of the biggest aviation crises in years, the airline chose to attribute the disruption to external factors overtaking accountability and being transparent.

FLERE HISTORIER FRA Financial Express Mumbai

Financial Express Mumbai

HIGHLIGHTS TENSIONS BETWEEN US AND CHINA Airbus CEO warns of new risks after trade damage

THE HEAD OF Airbus has warned staff that the plane maker must be ready to adapt to unsettling new geopolitical risks after facing “significant” logistical and financial damage from US protectionism and US-China trade tensions last year.

time to read

1 mins

January 26, 2026

Financial Express Mumbai

Corporate credit rebounds sharply in Q3

e Average lending growth has hit 10.6% on year

time to read

3 mins

January 26, 2026

Financial Express Mumbai

Star power loses shine in D2C

Growth woes force rethink on celebs as co-founders

time to read

2 mins

January 26, 2026

Financial Express Mumbai

Enhancing telecom networks

OVER THE PAST year, the telecom industry has reached an inflection point in its evolution toward more tailored, resilient and intelligent mobile experiences.

time to read

2 mins

January 26, 2026

Financial Express Mumbai

India Inc posts weak profit growth

EARNINGS SEASON HAS got off to a sedate start with no big surprises so far.

time to read

2 mins

January 26, 2026

Financial Express Mumbai

When whispers become truth

SEBI ORDER SENSIBLY EXPANDS THE SAFE HARBOUR PROTECTIONS FOR TRADING ON PUBLIC INFORMATION

time to read

4 mins

January 26, 2026

Financial Express Mumbai

'MRO share in aerospace revenue seen rising to 40-45% in 2-3 years'

Tata Technologies is scaling up its aerospace and MRO (maintenance, repair and operations) business in India and abroad as airlines and original equipment manufacturers (OEMs) step up digital and engineering spends to cut turnaround time and aircraft-on-ground events.

time to read

2 mins

January 26, 2026

Financial Express Mumbai

Clarity needed on ESOP tax for cross-border employees

EMPLOYEE STOCK OPTION Plans (ESOPs) have become an integral component of compensation structures, especially in startups, technology companies, and multinational organisations.

time to read

2 mins

January 26, 2026

Financial Express Mumbai

Renewable firms call for NaBFID-like Green Bank

PRODUCERS OF RENEWABLE energy have sought a Green Bank on the lines of the National Bank for Financing Infrastructure and Development (NaBFID), to be able to access funding.

time to read

1 mins

January 26, 2026

Financial Express Mumbai

₹20,000-cr PLI for nuclear on cards

THE GOVERNMENT IS likely to announce a dedicated Production Linked Incentive (PLI) scheme for manufacturing critical nuclear components, in the upcoming Union Budget, as part of efforts to strengthen India's domestic nuclear supply chain and support long-term capacity expansion, a government official said on the condition of anonymity.

time to read

3 mins

January 26, 2026

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