‘Significant lapses in planning’: Moody’s slams IndiGo; terms flight disruptions ‘oversight’

Moody’s has identified “significant lapses in planning and oversight” at IndiGo following widespread flight disruptions. The airline’s parent company, InterGlobe Aviation, saw its shares plummet as investors reacted to operational issues stemming from new pilot duty regulations. These changes, known for over a year, have led to flight cancellations and stranded passengers.