Pieter Elbers has resigned from his position as chief executive of Indian low-cost carrier IndiGo, effective immediately. In a stock-market filing, parent group InterGlobe says IndiGo co-founder Rahul Bhatia will assume interim management until a permanent successor is found. A new leader will be announced in "short order", it adds. Elbers had served as chief executive since September 2022. In a letter to the board, he cites "personal reasons" for his resignation, requesting that his notice period be waived and making himself available for any handover or transition period. His tenure at IndiGo has included notable highs and lows, such as hosting IATA's annual general meeting in Delhi in June 2025, an event which Indian prime minister Narendra Modi attended to provide a keynote speech. Elbers also oversaw a significant expansion of the carrier, whose fleet grew by around 40% to around 400 aircraft under his tenure, as well as a move into long-haul flights and the signing of a codeshare partnership with Delta Air Lines. But perhaps Elbers's position could not recover from widespread groundings last December which forced the cancellation of over 2,500 flights, blamed on changes to flightcrew duty limitations. That incident forced regulators to step in and temporarily instruct the carrier to slash services. Profit before tax for the quarter fell by 78% as a result. InterGlobe's board accepted Elbers's resignation during a meeting on 10 March. Board chair Vikram Singh Mehta says that Bhatia's return to active management is intended to "strengthen the company's culture, reinforce operational excellence and deepen its commitment to delivering exceptional service". Bhatia states that he feels a "deep sense of personal commitment and responsibility" toward the airline's stakeholders. IndiGo will maintain its strategic focus on being a professionally managed and operationally reliable carrier for the Indian market, he adds.

Air New Zealand has suspended its earnings guidance for the six months to June due to the conflict in the Middle East and warned that it may need to further increase fares and adjust its network if fuel prices remain elevated. The airline had previously guided in late February that it expected its second-half earnings to be in line with the NZ$59 million ($34.9 million) loss reported in the first half, albeit with uncertainty around the return of engines that have kept parts of its Airbus A321neo and Boeing 787 fleets grounded. It says in a 3 March market update, however, that the Iran conflict has led to "extreme volatility" in jet fuel markets, with prices "between $150 to $200 per barrel in recent days", compared to around $85 to $90 per barrel prior to the conflict. The airline also notes that the crack spread, which reflects the price premium between crude oil and jet fuel prices, has widened from around $22 per barrel to "as high as $115 per barrel". While it is 83% hedged against Brent crude prices over the second half of the fiscal year, it warns that it "remains exposed to movements in the crack spread", and thus the previous guidance is "no longer appropriate". Air NZ says that it has already started adjusting fares and is also continuing cost reduction initiatives to offset earlier identified cost pressures, but it warns that if the conflict "leads to continued elevated jet fuel costs, the airline may need to take further pricing action and adjust its network and schedule as required". That is likely to cause the airline to cut capacity in some markets, including potentially on long-haul routes which are more sensitive to rises in fuel prices. The carrier had previously guided that it expected second-half capacity to grow by 3-4% compared to a year ago, although international long-haul ASKs were expected to be flat. It also warned in February that the long-haul market was "expected to come under pressure into New Zealand winter" due to lower inbound visitors and the weaker New Zealand dollar suppressing outbound demand.

Turkish Airlines has warned that groundings of its Airbus A320neo-family jets for enhanced inspections of their Pratt & Whitney GTF engines will surge this year on the back of ongoing delays at the OEM. It predicts that 50 of its 110 GTF-powered Airbuses will be out of action at some point this year, a 28% increase from the 39 grounded at the end of 2025. During the Star Alliance carrier's annual results briefing on 5 March, Turkish's finance chief Murat Seker said that although P&W was "putting in hard work to solve the problem for good", engine turnaround times were "still long", leading to significant delays in getting aircraft back into service. Turkish has had some compensation from P&W but it remains in discussions on further financial settlements, adds Seker. The 39 jets parked at the end of 2025 compared with 35 in August, when Turkish expected 40-45 aircraft to be out of action because of the issue in 2026. GTF groundings had added around 1 percentage point to the airline's ex-fuel costs per ASK, it said at the time.