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Sunil Kotak

4th Dec · SEBI-Registered Analyst

Indigo -
INDIGO
- Stock in news as Cancellations Continue Today; Airline Says Situation To Improve In 48 Hours

Indigo -

INDIGO
- Stock in news as Cancellations Continue Today; Airline Says Situation To Improve In 48 Hours IndiGo Airlines has been hit by one of its worst operational disruptions in recent years, with widespread delays and cancellations leaving thousands of passengers stranded across the country. More than 100 flights are expected to be cancelled today, with IndiGo officials summoned by the DGCA for an afternoon meeting. The airline is likely to submit a crisis-mitigation plan to the regulator. Over the past two days, an estimated 250 to 300 flights were cancelled, affecting major airports and leading to long queues, confusion and rising frustration among travellers. All this is for information. Stock is facing the heat of the situation as well. This is not a buy/sell recommendation. Thank you, Technofunda24

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