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 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) […]
