IndiGo crisis fallout: Stock sinks over 7% in four days; mass flight cancellations deepen passenger chaos

IndiGo’s parent company, InterGlobe Aviation, has seen its stock value plummet as a severe operational crisis leads to over 1,000 flight cancellations, stranding thousands. New pilot rest regulations are cited as the cause, with the airline expecting operations to normalize by mid-December. The disruption significantly impacts India’s air travel network.

Source link