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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’s crisis is its own making, pursuit of profits cannot come at cost of safety: IiAS
IiAS sharply criticised IndiGo’s board for poor oversight, weak crisis management, and failing to prevent the mass flight disruptions triggered by its non-compliance with DGCA pilot rest rules.
- IndiGo crisis update: Airline apologises for nationwide flight disruptions, offers full waivers and automatic refunds
IndiGo CEO Pieter Elbers apologised for over 1,000 flight cancellations in a single day, assuring swift recovery beginning Thursday.
- IndiGo’s stock — Will it take off or stay on the ground?
The turbulence triggered by the FDTL norms may be temporary, but its impact is likely to have lasting consequences
- Loco pilots push for work-hour cap, urge railways to learn from IndiGo crisis
AILRSA said the issues in aviation reflect long-standing concerns of loco pilots, who have for decades sought scientifically designed duty schedules.
- InterGlobe Aviation board faces sharp criticism from proxy advisory firm SES over FDTL crisis
The report said the episode should serve as a wake-up call to corporate boards: “Merely talking about good governance will not enable excellence; one has to walk the talk.” But cautioned that knee jerk reaction like dimissing the board may be counter productive
- IndiGo’s operational meltdown triggers mixed analyst calls; governance red flags widen after FDTL exemption
Market watchers expect IndiGo to return to full schedules by mid-December, but argue that restoring credibility, internally and with regulators, will take far longer.
- Govt to cut IndiGo’s winter schedule, orders 15-day probe into crew-management failures: Aviation Minister Naidu
Naidu also stressed the need to strengthen the aviation regulator following the episode, “DGCA needs more teeth. It already has some, but to reach global standards and prevent such incidents, we will revisit rules and guidelines,” he said
- Not possible to pinpoint the exact cause of disruption: IndiGo submission to DGCA
IndiGo has asked DGCA for more time to provide a comprehensive and conclusive explanation.
- IndiGo 'profusely apologetic' for chaos, says not possible to pinpoint exact causes at this point
DGCA said it is in the process of examining the response, and enforcement action, as deemed appropriate, will be taken in due course.
- DGCA panel probing IndiGo flight disruptions likely to summon CEO, COO on Wednesday: Report
IndiGo has already temporarily secured major relaxations in the second phase norms till February 10
- How brutal profit pursuit led to India’s top airline unraveling
The aviation fiasco pushed parent InterGlobe Aviation Ltd.’s shares down by as much as 7.6% on Monday, on course for its biggest plunge in over a year, and marking a seventh day of selling that’s cumulatively shaved off $4.3 billion from the company’s market value.
- IndiGo signals turnaround with 1,800 flights and 91% OTP after week-long disruptions
IndiGo said its network coverage has now been fully restored, and all cancellations for Tuesday were executed a day in advance to ensure that customers received timely notifications
- Air India jumps in to hire pilots amid IndiGo's desperate attempt to expand pilot pool
With both airlines operating extensive A320 family fleets, qualified pilots are in high demand
- Lend a hand where you can: Air India CEO urges staff to support travellers amid IndiGo turbulence
As passenger loads increase due to cascading disruptions, the CEO urged employees to extend kindness not just to Air India customers but also to workers from other airlines.
- India has capacity for five big airlines, need more competition: Civil aviation minister
Amid the IndiGo crisis, the civil aviation minister expressed the need for more players in the aviation industry.
- As IndiGo chaos continues, consumer affairs ministry steps up watch on airlines, refund compliance
Consumers affairs and aviation ministries have begun discussions on structural fixes to prevent a repeat of IndiGo fiasco and ways to better protect consumers
- Indigo has added cockpit crew at slowest pace among major carriers post-pandemic
Tata group airlines doubled pilot strength post-pandemic, while Indigo’s growth lagged despite aggressive capacity expansion
- SpiceJet shares fly up to 14% amid IndiGo's mass flight cancellations: Here's why
SpiceJet share price: The sharp rise in the share price today came as the domestic airline plans to increase its operational fleet.
- IndiGo shares tumble 9%: Brokerages see costs rising for airline as FDTL norms trigger mass flight cancellations
IndiGo share price: IndiGo's long-term growth outlook however remains robust, supported by its international expansion, UBS said.
- Government may seek reconstitution of IndiGo’s board over FDTL fallout
The prospect of a government-led relook at IndiGo’s board composition comes at a moment when the airline’s governance structure is under renewed scrutiny, following cancellation of over 3,200 IndiGo flights in the last week
