Stock Hits Seven-Month Low InterGlobe Aviation shares dropped nearly 7%, extending a week-long losing streak as operational disruptions intensified across major airports.
FDTL Norms Trigger Chaos New Flight Duty Time Limitations led to over 2,000 cancellations in six days, causing severe nationwide scheduling instability.
DGCA Issues Show-Cause Notice Regulator accuses IndiGo of lapses in planning, oversight, and readiness for FDTL rules, questioning management decisions and preparedness.
Brokerages Warn of Higher Costs Analysts expect rising operational costs and lowered earnings visibility. Some brokerages have cut target prices amid persistent disruptions.
Long-Term Outlook Still Positive Despite turmoil, brokerages like UBS maintain a positive long-term view supported by IndiGo’s strong international expansion strategy.