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IndiGo
InterGlobe Aviation Limited, operating as IndiGo, is India’s largest low-cost airline, headquartered in Gurugram, Haryana. Established in 2004 under InterGlobe Enterprises, the airline placed a
...Read more- IndiGo cancels 60 flights from Bengaluru; CEO Pieter Elbers to appear before DGCA
On Wednesday, IndiGo cancelled 220 flights from across three key airports -- Delhi, Bengaluru and Mumbai, with Delhi seeing the most cancellations at 137.
- IndiGo shares fall 1% as airline cuts capacity, passenger unit revenue guidance for Q3
Aviation regulator DGCA directed the carrier to cut 10% of its domestic winter schedule following mass flight cancellations
- IndiGo crisis: Structural cost threat dominates outlook
It is unclear for now how well the airline will be able to manage the disruption
- IndiGo to hire external experts to investigate mass flight cancellations
The chairman also apologized unconditionally to the passengers for massive operational meltdown, admitting that the carrier has 'let the customers down'
- IndiGo denies ‘planned crisis’ claims, says winter operations and tech glitches caused chaos
IndiGo has now stabilised its network, operating over 1,900 flights, connecting all 138 destinations, with on-time performance 'back to normal high levels,' IndiGo Chairman Vikram Singh Mehta said.
- Can IndiGo hire 900 pilots? Numbers show airline has never hired on such scale
The airline plans to induct nearly 900 pilots may inflate wage costs and would be a challenge amid shrinking licence pipeline strain
- IndiGo's 10% cut translates to only 2.35% flight reduction
Based on data for actual average number of flights a day, the real impact of the cutback is just 2.35% or around 5,600 flights
- IndiGo crisis: DGCA forms 8-member oversight team, sends officials to airline’s corporate office
The regulator has also set up a multi-member Oversight Team that will be stationed at IndiGo’s corporate office in Gurugram to examine various operational parameters, including the airline’s fleet, pilot strength, crew utilisation and instances of unplanned leave
- 'How can airlines charge Rs 35,000?' Delhi HC asks Centre, flags loss to economy over IndiGo crisis
The bench asked why passengers were forced to pay Rs 30,000 - Rs 35,000 for a one-way ticket.
- SpiceJet set to add 100 daily flights after Centre orders 10% cut for IndiGo
The development comes as its rival IndiGo, which has a market share of over 60 percent, failed to implement FDTL norms, resulting in Centre cutting the latter's 10 percent winter flights
- IndiGo shares fall 3% after govt orders airline to cut 10% of flights: Here's what brokerages say
Union Civil Aviation Minister Ram Mohan Naidu said that the government considers it necessary to curtail the overall Indigo routes, which will help in stabilizing the airline’s operations and lead to reduced cancellations.
- IndiGo crisis: ‘Will definitely sack airline CEO if…’, says civil aviation minister Naidu
Naidu said the investigation into the IndiGo crisis will also look at regulator, Directorate General of Civil Aviation (DGCA)’s handling of the situation
- Govt cuts IndiGo flights by 10% to restore normal operations, speeds up refund process
Civil Aviation Minister Ram Mohan Naidu Kinjarapu said that IndiGo’s internal mismanagement of crew rosters, flight schedules and inadequate communication had caused widespread inconvenience to passengers across the country.
- More airlines for Indian skies: What's holding them back?
The massive disruption in Indian skies has opened up the possibility of new players entering India's civil aviation market but headwinds galore for a booming sector.
- IndiGo chaos: CEO Pieter Elbers says operations back on track, airline begins internal review
Pieter Elbers asserted that 'IndiGo is back on its feet,' with efforts to restore the network progressing on a 'war footing'
- SpiceJet shares surge up to 8% as airline expands fleet capacity amid IndiGo crisis
SpiceJet share price: The induction of the two Boeing 737 aircraft is another step in SpiceJet's efforts to expand capacity in a 'responsible' manner, the company's CBO said.
- SpiceJet expands fleet capacity with two new Boeing 737s amid IndiGo crisis
The new aircraft began their operations on November 26 and 29, respectively, before the crisis over IndiGo’s failure to implement FDTL norms caused massive flight disruptions across the country
- Aviation minister's warning after IndiGo crisis: 'Won't let any airline to cause such hardship'
The disruption caused by IndiGo’s recent operational failure is now rapidly stabilising, said aviation Minister K Rammohan Naidu
- IndiGo sought clarity on FDTL from DGCA two days before operations collapsed
The Ministry of Civil Aviation has formed a four-member committee to probe aspects on IndiGo’s crew planning, operational readiness and compliance with the new FDTL norms
- IndiGo earnings estimates take a sharp knock as analysts price in higher costs, slower capacity growth
Analysts have cut earnings for the year by 20 per cent or more accounting for cancellation costs, rising employee costs and the ongoing disruption.
