IndiGo crisis: InterGlobe Aviation’s shares tank over 7%; flight cancellations & disruptions enter day 7

IndiGo’s stock plummeted over 7% as flight cancellations entered their seventh day, impacting over 250 flights from Delhi and Bengaluru. The airline blames new pilot duty time regulations for the widespread disruptions. Regulators have extended the deadline for IndiGo’s leadership to respond to a show cause notice regarding operational failures.

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