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InterGlobe Aviation LimitedUpdates, 21-05-2025: Press Release

21-05-2025 | 05:59 pm

IndiGo has announced a board meeting to review the financial results for the quarter and half-year. The airline secured its first investment-grade credit rating of Baa3 with a stable outlook from Moody’s, on par with India’s sovereign rating. This milestone highlights IndiGo’s strong market position, financial strength, and cost efficiency. The improved rating boosts its access to diverse funding, supporting expansion plans backed by a large aircraft order book of over 900 planes in India’s growing aviation sector.

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