IndiGo Shares Drop 2% Amid Widespread Flight Disruptions Across India

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IndiGo Shares Drop 2% Amid Widespread Flight Disruptions.

Shares of InterGlobe Aviation Limited, the parent company of IndiGo, fell 2% intraday to hit a low of ₹5,405 each on Thursday, following massive flight delays and cancellations across the country. The disruptions were caused by technology issues, airport congestion, and operational constraints.

Thousands of passengers were left stranded at airports, with over 100 flights cancelled at major hubs including Delhi, Mumbai, Hyderabad, Bengaluru, and Ahmedabad by Wednesday afternoon.

The stock was trading at ₹5,545, down 0.88% at 9:40 AM, compared to the previous close of ₹5,595.

IndiGo has advised passengers to check flight statuses online before heading to the airport, as several terminals remain crowded with travellers seeking rebooking and assistance.

The airline is grappling with a severe pilot shortage since the implementation of the new flight duty time limitation (FDTL) norms last month, which introduced more humane crew rostering requirements.

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