IndiGo: Flight Cancellations Costly for IndiGo; Loss of 7,160 Crores

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(IndiGo) IndiGo has been facing serious challenges for the past three days. On Thursday, the company canceled as many as 550 flights. Due to cabin crew shortage, technical difficulties, and other operational issues, services are being significantly disrupted.

There is now a possibility that the crisis on Indigo will deepen further, with information that the number of flights will be reduced from December 8. The number of flights will be restored by February, and officials from the Ministry of Civil Aviation and the Directorate General of Civil Aviation held a meeting with senior officials of Indigo.

It is now seen that canceling flights is costing Indigo dearly, with information that Indigo has incurred a loss of 7,160 crore rupees. Indigo is facing a shortage of pilots and crew members. The airline had to cancel more than 200 flights. As a result, the company's shares were seen to fall by more than 3 percent.

Summary

• Cancelling flights cost Indigo dearly

• A loss of 7,160 crore rupees

• Indigo faces a shortage of pilots and crew members