IndiGo Shares Fall 21% Amid December Disruptions
Shares of InterGlobe Aviation, the operator of IndiGo, have fallen around 21 percent in December, as investors react to the airline’s continuing operational troubles and regulatory pressure.
CEO Summoned by Aviation Regulator
The Directorate General of Civil Aviation (DGCA) has summoned IndiGo CEO Pieter Elbers to appear before the regulator on Thursday. He is expected to present detailed data on recent disruptions and outline corrective steps. Senior IndiGo officials from operations, engineering and scheduling will also attend the meeting.
Flight Disruptions Trigger Investor Concerns
IndiGo has been facing massive flight cancellations and delays following its inability to adjust crew scheduling to new pilot duty and rest regulations. Thousands of passengers have been affected nationwide, prompting the government to ask IndiGo to temporarily cut its flight schedule by up to 10 percent to stabilise operations.
Market Reaction and Regulatory Scrutiny
The airline’s stock has continued to weaken as cancellations, refund liabilities and regulatory oversight weigh on sentiment. Analysts say IndiGo’s share performance has diverged sharply from broader market indices, which have remained positive during the same period.
Outlook for the Airline
Market experts warn that the financial impact of cancellations, crew shortages and potential penalties may continue to pressure the airline in the short term. IndiGo has stated that it is working to restore reliability and rebuild passenger confidence across its network.
