by Indian Aviation Authority Asks IndiGo to Elaborate on Flight Cancellation Disaster in Stern Meeting Language
Gurgaon/New Delhi In what has become the most expensive “oops” moment in Indian aviation history, IndiGo shares dropped sharply as the Directorate General of Civil Aviation summoned CEO Pieter Elbers to explain how India’s largest airline mismanaged pilot scheduling so spectacularly that cancelling 5,000+ flights became the only viable business strategy.
The request was delivered with the gentle bureaucratic firmness of an angry teacher asking why homework wasn’t completed, except the homework was “basic airline operations” and the grade penalty is shareholder value destruction.
“We need you to explain,” the DGCA essentially said, “why you apparently thought ‘lack of planning’ was an adequate response to new regulations.” Elbers is expected to provide a detailed account of how one of India’s most valuable airlines discovered that regulatory compliance requires something called “advance preparation.”
Bloomberg reports IndiGo shares have absorbed the impact of this operational catastrophe, with investors processing the reality that India’s 60% market share airline can spontaneously create 5,000+ flight cancellations and face only mildly aggressive questioning from regulators.
The ?610 crore in refunds processed by Sunday represents one of aviation’s most expensive lessons in “hire pilots before regulatory deadlines.”
Learn how one airline’s strategic incompetence became India’s aviation crisis at Bohiney Magazine’s IndiGo investigation.
SOURCE: https://bohiney.com
SOURCE: Bohiney.com ()
