Prøve GULL - Gratis
IndiGo lease costs to fall as P&W vows engines by June
Mint Mumbai
|November 11, 2025
Engine maker Pratt & Whitney has assured IndiGo that it intends to replace faulty engines of 40-odd grounded planes of the country's largest airline by end-June 2026, said two persons with knowledge of the development.
This move will potentially boost IndiGo's profitability this year and next, depending on the pace of engines replacement, reducing the carrier's reliance on costly leased planes to offset the nearly-10% unused aircraft on its fleet.
The airline flies two of three passengers in India.
Forty planes with Pratt & Whitney engines are grounded while 60 are flying.
"There is an assurance for a staggered improvement in the aircraft on ground situation with a June timeline," the first person said on the condition of anonymity, as the discussions between the world's second-largest commercial aircraft engine maker and IndiGo are private.
The second person, who also wanted to remain unidentified, said some timelines are still under discussion, and that revision possibilities cannot be ruled out if global supply constraints persist.
Emails sent to Pratt & Whitney and IndiGo seeking comment went unanswered.
A resolution could help IndiGo's profitability, according to at least one analyst.
Denne historien er fra November 11, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Sebi to revamp settlement rules, curb penalties
India’s capital markets regulator has initiated a review of its rules on case settlement to simplify calculations and address concerns on stringent conditions and inflated penalties, three people familiar with the matter said.
3 mins
November 15, 2025
Mint Mumbai
Investors dump tech shares as shutdown relief evaporates
Wall Street's relief at the end of the government shutdown gave way on Thursday to new fears about a flood of delayed economic data, the prospect of slowing interest-rate cuts and the extreme valuations of tech giants.
3 mins
November 15, 2025
Mint Mumbai
Tata Motors rejects Maruti’s call for softer emissions on small cars
A rift between India’s top automakers over emission norms has burst into the open. Tata Motors Passenger Vehicles Ltd on Fri day publicly rejected calls for easing norms for small cars, directly countering market leader Maruti Suzuki India Ltd’s longstanding demand for relaxed standards.
2 mins
November 15, 2025
Mint Mumbai
Tata Motors PV slips into a loss in Q2 as JLR woes mount
JLR cuts operating profit margin guidance for 2025-26 fiscal year amid multiple headwinds
3 mins
November 15, 2025
Mint Mumbai
Centre to roll over electric bus and truck incentives to FY27
The ministry of heavy industries has asked the finance ministry to shift the allocation for financial incentives to encourage the purchase of e-trucks and e-buses to next year's budget, according to two people aware of the development.
1 mins
November 15, 2025
Mint Mumbai
Relief on specialty steel likely
Govt plans to temporarily suspend strict quality-control rules for importing 55 products to address supply gaps
3 mins
November 15, 2025
Mint Mumbai
The bespoke tailor to the stars
Meet Madhav Agasti, the self-taught designer who has created costumes for heroes and villains for 50 years
5 mins
November 15, 2025
Mint Mumbai
Wakefit boosts listing size, seeks pre-IPO fundraise
Home-furnishings brand Wakefit is gearing up for a ₹1,400-crore public listing in early December, three people with knowledge of the matter said.
2 mins
November 15, 2025
Mint Mumbai
Govt defers safety rules for electrical devices, machinery
Centre scraps rollout date, a day after withdrawing 14 QCOs for imported petrochemicals and industrial raw materials.
2 mins
November 15, 2025
Mint Mumbai
India Inc.’s new hiring play: Bring in industry outsiders
Firms believe hiring from other sectors will question existing practices, enable new work styles
2 mins
November 15, 2025
Listen
Translate
Change font size
