IndiGo shares trade lower after airline suspends flights to Hong Kong, Shanghai, among six foreign countries

InterGlobe Aviation or IndiGo share price was trading lower during the early market hours on Friday, June 5, after the airline major announced that it is temporarily suspending operations to six international destinations, according to an exchange filing.

Shares of IndiGo were down 0.89% at ₹4,468.70 during the early market hours on Friday, compared to ₹4,508.80 at the previous stock market close, as per NSE data.

In the NSE filing, IndiGo said that the airline is temporarily suspending operations after witnessing softer demand traditionally in the upcoming quarter amid the “incredibly challenging cost environment” in the market.

Due to the rise in energy prices and the aviation turbine fuel (ATF) costs, airlines around the world struggle to maintain their margins, as the majority of the company’s expenses are tied to energy costs.

Where has IndiGo suspended its operations?

As per the latest release, IndiGo has suspended its operations in six international destinations, namely, Langkawi in Malaysia, Krabi in southern Thailand, Ho Chi Minh in Vietnam, Hong Kong, Siem Reap in Cambodia and Shanghai in China.

Indigo’s operations in Siem Reap will be suspended starting from July 3, 2026, and in the remaining five countries starting from July 1, 2026.

The suspension in flight operations will continue until September 30, 2026, as the airline now focuses on cutting costs and changing its international offering for its passengers amid rising expenses.

“IndiGo will resume bookings for all the impacted services starting October 1, 2026; however, should the environment become favourable, IndiGo stands prepared to reinstate these services earlier than scheduled, in appropriate lead time,” the company informed the stock exchanges.

Why is IndiGo suspending operations?

IndiGo also said that the airline is suspending operations to align the capacity with the market conditions and the demand trends, amid its rising input and operational costs in the current market.

“These measured changes are designed to align capacity with current market conditions and demand trends, while ensuring the airline maintains reliability and network integrity across its global destinations,” the company said.

IndiGo continues to monitor the situation and analyse its elevated operating costs along with the airspace restrictions in the regions.

IndiGo share price trend

IndiGo’s parent company, InterGlobe Aviation, shares closed 0.07% lower at ₹4,508.80 after the trading session on Thursday, compared to ₹4,512.10 at the previous market close, according to NSE data.

The company announced the operational update after the market operating hours on June 3.

IndiGo shares have delivered more than 157% returns on their investment in the last five years, and over 88% gains in the last three years. However, the airline stock lost 17% in the past one year period.

The company shares have dropped 11.5% so far in 2026, but have gained 6.6% in the last one month. IndiGo shares were trading 2.6% higher over the last five market sessions on NSE.

The company’s market capitalisation (m-cap) was at ₹1.74 lakh crore as of the stock market close on Thursday, June 4.