IndiGo to inform if it can fly 2k flights daily

India’s largest airline hit with record £2m fine after mass flight cancellations

IndiGo slapped with a £1.8m fine following mass flight cancellations

IndiGo to inform if it can fly 2k flights daily

IndiGo faces a critical deadline this week to confirm its ability to operate over 2,000 daily flights under new, stricter pilot duty rules. Failure to comply could lead to flight cuts, averting a repeat of last December's disruptions. The airline is conducting dry runs to assess its readiness ...

India’s DGCA’s Warning Shot at IndiGo

The Delhi-based low-cost airline, IndiGo, has been fined a record Rs 2.22 billion ($24.4 million) and warned six officers, including Pieter Elbers, the Chief Executive Officer. The airline has also been asked to deposit bank guarantees of Rs 0.5 billion, which will be refunded once it implements the operational corrections the Indian aviation watchdog, the Directorate General of Civil Aviation (DGCA), requires. The financial penalty, the heavies…

IndiGo Shares Rise Despite DGCA Fine After December Flight Cancellations

Shares of IndiGo climbed as much as 3.8% on Monday, as investors largely shrugged off a record $2.45 million fine imposed by India’s aviation regulator, the Directorate General of Civil Aviation (DGCA). Jefferies analysts described the penalty as relatively modest, even after the airline faced intense scrutiny following last month’s widespread flight disruptions. IndiGo had cancelled around 4,500 flights during the first weeks of December, leavi…

India's largest airline fined record £2m for mass flight cancellations

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