IndiGo Disruptions Hit Yatra's Air Bookings by Rs 48 Crore, MICE Business Suffers

Technology
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Moneycontrol•13-02-2026, 19:32
IndiGo Disruptions Hit Yatra's Air Bookings by Rs 48 Crore, MICE Business Suffers
- •IndiGo-led flight disruptions, due to stricter FDTL norms, caused Rs 48 crore impact on Yatra's air gross bookings in Q3.
- •The disruptions disproportionately affected December corporate travel and significantly impacted the MICE business.
- •Over Rs 30 crore of MICE revenue was deferred to subsequent quarters (Q4 FY26 and Q1 FY27) due to travel uncertainty.
- •Yatra reported a total income of Rs 261.592 crore and a profit of Rs 8.336 crore for the quarter.
- •Despite challenges, Yatra saw 21% YoY overall gross bookings growth, strengthened its B2C business, and added 40 new corporate customers.
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