The shares of the company were trading at 4,970 at noon and are now down by 15 per cent since its closing of 5,837 on December 1. (File Photo)Share prices of Interglobe Aviation, the company that owns Indigo airlines, fell sharply by 7.5 per cent on Monday following the massive disruption in the airline services over the last week and company’s operations and regulatory compliance coming under scrutiny.
The shares of the company were trading at 4,970 at noon and are now down by 15 per cent since its closing of 5,837 on December 1.
Reports of company’s top officials likely to be summoned by the Parliamentary Committee on Transport, Tourism and Culture, have further added to the pressure.
While Indigo services were apparently by Flight Duty Time Limitations (FDTL) norms that were issued in Jan 2024 and originally meant to be implemented by June 1, 2024, the company failed to adhere to it even as the norms came into effect on November 1, 2025.
Meanwhile, DGCA probe is currently underway on what exactly went wrong that sent Indigo services into a tailspin last week. Given the scale of the disruption, the government and the regulator blinked and granted the airline certain temporary exemptions from the new crew rest and duty norms that it had sought to stabilise its operations and schedule. But both the DGCA and the Ministry of Civil Aviation (MoCA) have stated that they are not going to get to the root of this disruption and take strict regulatory action.
The regulator has also received a lot of flak from various quarters on the evident lack of regulatory oversight, considering that even it seemed to be taken by surprise by the massive scale of the IndiGo disruption. On its part though, the DGCA said that it issued repeated directions and advance instructions to IndiGo on the state of readiness for the new norms.
“DGCA has issued repeated directions and advance instructions from time to time to M/s Indigo for having timely preparation to implement the provisions of the aforesaid CAR (Civil Aviation Requirements),” the regulator said in its December 5 order instituting the inquiry into the disruption.
“…observing the airline’s inability to accurately forecast crew availability, conduct timely training, and realign rosters despite advance regulatory intimation resulted in cascading delays and cancellations across its network beginning late November 2025 leading to non-adherence of the directions, a review meeting with the airline was convened wherein the airline has acknowledged that it has failed to anticipate the actual crew requirement under the revised norms and that significant planning and assessment gaps existed in implementing Phase-II of FDTL CAR 2024,” the regulator said in the order.