Overview
- India’s aviation minister told the Rajya Sabha the disruption is an operational failure created by IndiGo and said investigations have been ordered, with fare caps imposed to protect passengers.
- DGCA issued show‑cause notices to CEO Peter Elbers and accountable manager Isidro Porqueras and granted an extra 24 hours to respond, setting a deadline of Monday 6 pm.
- Cancellations and delays stretched into a seventh day, with more than 650 flights scrapped on Sunday and roughly 450 on Monday, following thousands of earlier cancellations.
- IndiGo said it formed a Crisis Management Group led by chairman Vikram Singh Mehta with directors Greg Saretsky, Mike Whitaker, Amitabh Kant and CEO Elbers to reduce disruptions and stabilize the network.
- InterGlobe Aviation shares fell up to 7% in Monday trade, extending a seven‑session slide of about 15%, as broker views diverged with Jefferies projecting normalization by December 15, UBS retaining a Buy, and Investec cutting its target and flagging cost and compliance pressures through February 10, 2026.