Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Shares of InterGlobe Aviation Ltd. are in focus today after the Competition Commission of India said it was reviewing allegations of anti-trust violations by IndiGo following mass flight cancellations earlier in December. In the first week of December, IndiGo cancelled about 4,500 flights due to poor pilot roster planning. (Reuters) The CCI has “taken cognizance […]
The government has directed IndiGo to cut planned flights by 5% amid rampant cancellations, even as India’s largest airline by passengers carried limps back to normalcy—in fits and starts. A sign of things to come? A lone passenger stands at a IndiGo ticket counter at Indira Gandhi International Airport in New Delhi on Tuesday (9 […]
Shares of InterGlobe Aviation Ltd. fell the most in eight months after India’s civil aviation regulator called on the chief executive to explain the flight cancellations that have roiled India’s largest airline. A passenger waits outside the IndiGo Airlines kiosk at the Kempegowda International Airport in Bengaluru on 6 December. (AFP) IndiGo’s share price fell […]
The hundreds of IndiGo flight cancellations and delays wasn’t triggered by one factor but is a consequence of a domino effect that has bought India’s largest airline to its knees. IndiGo was dealing with more than 25 flight cancellations daily due to lack of pilots, even before things came to a head this week. (Reuters) […]
