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    Stock Watch: IndiGo Share Price In Focus As Flight Cancellations Mount | Markets News

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    Interglobe Aviation Ltd faces major IndiGo flight cancellations and delays due to FDTL norms, crew shortages, and winter issues. Shares in focus after 7% fall in 5 sessions.

    IndiGo Share Price

    IndiGo Share Price

    Shares of Interglobe Aviation Ltd, the parent of low-cost carrier IndiGo, will be in focus on Friday, December 05, amid the ongoing massive operational disruption across the country due to technology issues, airport congestion, and operational requirements, causing a high level of flight cancellations and delays.

    The airline has been cancelling 170–200 flights a day, far above normal levels, and has cancelled over 1,000 flights in recent days, prompting an intervention from the Centre.

    The scrip has been witnessing the brunt of the massive disruption in the past few sessions, with a fall of 7 per cent in the past five sessions. Stocks dropped 2 per cent during Thursday’s session.

    IndiGo has attributed its massive surge in flight cancellations to transitional challenges in implementing the revised Flight Duty Time Limitations (FDTL) norms, crew-planning issues and winter-season operational constraints, senior officials said on Thursday.

    The airline presented the data and initial reasons during a detailed review convened by the Directorate General of Civil Aviation (DGCA) after disruptions escalated across its network since late November.

    The DGCA was additionally directed to keep a close watch on airfares to ensure that the large-scale disruptions do not trigger undue price escalation.

    Officials said IndiGo conveyed that the new FDTL rules, which mandate longer rest, cap duty hours and restrict night-time landings, have strained crew resources, especially at a time when the carrier is already facing a shortage of cockpit crew.

    Despite further lobbying by carriers, the DGCA enforced the rules with limited relaxations, citing the court mandate.

    “Despite sufficient time being accorded, most airlines started preparing rather late, failing to properly adjust crew rosters 15 days in advance as required,” ALPA said.

    The DGCA, which reviewed IndiGo’s data under the chairmanship of the Director General, directed the airline to normalise operations at the earliest and ensure that corrective steps do not lead to fare hikes.

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