InterGlobe Aviation Limited — Credit Ratings, 01-05-2026: Credit Rating- Others

Moody's Ratings has reaffirmed InterGlobe Aviation Limited's (IndiGo) Baa3 issuer rating with a Stable outlook following a periodic review. The rating reflects IndiGo's dominant market position, cost-competitive operations, and excellent liquidity. Despite near-term headwinds from geopolitical issues and engine groundings, Moody's expects financial metrics to recover by FY2028, supported by secure fuel supply and strong reserves.