




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
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.
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
IndiGo has asked DGCA for more time to provide a comprehensive and conclusive explanation.
DGCA said it is in the process of examining the response, and enforcement action, as deemed appropriate, will be taken in due course.
IndiGo has already temporarily secured major relaxations in the second phase norms till February 10
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 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
With both airlines operating extensive A320 family fleets, qualified pilots are in high demand
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.
Amid the IndiGo crisis, the civil aviation minister expressed the need for more players in the aviation industry.
Consumers affairs and aviation ministries have begun discussions on structural fixes to prevent a repeat of IndiGo fiasco and ways to better protect consumers
Tata group airlines doubled pilot strength post-pandemic, while Indigo’s growth lagged despite aggressive capacity expansion
SpiceJet share price: The sharp rise in the share price today came as the domestic airline plans to increase its operational fleet.
IndiGo share price: IndiGo's long-term growth outlook however remains robust, supported by its international expansion, UBS said.
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
A 2009 clip of Vladimir Putin publicly berating billionaire Oleg Deripaska over unpaid workers is circulating again, shared by Indian users who say IndiGo’s bosses deserve similar treatment after days of mass flight cancellations, exhausted crews, and stranded passengers nationwide.
InterGlobe Aviation stock fell around 9% after Delhi airport issued an early-morning advisory cautioning travellers that IndiGo disruptions were likely through the day, urging them to check flight status before heading to the terminal.
Industry sources say this arrangement shields SpiceJet from the major roster-disruptions faced by carriers relying wholly on India-based crew
According to the DGCA, the extension has been provided as a single exception, and IndiGo is expected to file its detailed explanation within the revised deadline