NEW DELHI, Dec 4: Shares of InterGlobe Aviation Ltd, the parent company of IndiGo, fell over 3 percent today following massive flight cancellations that have triggered a probe by the aviation regulator. The stock touched its lowest level in more than five months, reflecting investor concerns over operational disruptions and regulatory scrutiny.
Officials confirmed that IndiGo cancelled nearly 200 flights on Wednesday due to crew shortages, particularly among pilots, after revised Flight Duty Time Limitation (FDTL) norms came into effect last month. The Directorate General of Civil Aviation (DGCA) has sought a detailed report from the airline to assess compliance and the impact on passengers.
Market analysts noted that while the new FDTL rules are aimed at ensuring humane schedules and longer rest periods for crew, IndiGo has struggled to recalibrate its operations quickly, leading to widespread cancellations. The regulator’s intervention is expected to bring greater accountability and transparency in scheduling practices.
The cancellations have caused inconvenience to passengers across major hubs including Delhi and Bengaluru, with many flights rescheduled or delayed. The airline has assured that corrective measures are being taken to stabilise operations and minimise further disruptions.
Industry experts said the fall in share price underscores the sensitivity of aviation stocks to operational reliability and regulatory oversight. They added that while short-term volatility is likely, stabilisation of services and compliance with new norms could help restore investor confidence.
The DGCA probe and subsequent corrective steps are expected to shape the airline’s operational strategy in the coming weeks, as IndiGo works to balance crew welfare with passenger convenience and market expectations.
