Description

IndiGo clarifies that DGCA has requested information but not launched a formal probe regarding recent flight cancellations caused by operational challenges including technology glitches, weather conditions, and crew rostering rule changes.

Summary

InterGlobe Aviation Limited (IndiGo) submitted a clarification to BSE regarding news reports about a DGCA probe into massive flight cancellations. The company clarified that DGCA has not launched a formal probe but has sought certain information, which the company is providing. The disruptions were caused by multiple unforeseen operational challenges including technology glitches, winter schedule changes, adverse weather, increased congestion, and implementation of updated Flight Duty Time Limitations (FDTL) crew rostering rules. The company has initiated calibrated schedule adjustments for 48 hours to normalize operations.

Key Points

  • IndiGo clarifies no formal DGCA probe exists; DGCA has only requested information
  • Company had already issued press statement on December 3, 2025 to stock exchanges
  • Flight disruptions occurred across network for past two days
  • Multiple factors caused compounding operational impact: minor technology glitches, winter season schedule changes, adverse weather conditions, increased aviation system congestion, updated crew rostering rules (FDTL)
  • Company implementing calibrated schedule adjustments for next 48 hours to restore stability
  • No other undisclosed information affecting price/volume behavior of securities
  • Stock fell 3% following news reports on moneycontrol.com

Regulatory Changes

No new regulatory changes introduced. The circular references implementation of updated Flight Duty Time Limitations (FDTL) crew rostering rules as one contributing factor to operational challenges.

Compliance Requirements

  • Company responding to DGCA information request regarding flight cancellations
  • Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
  • Company confirmed no undisclosed material information affecting securities pricing

Important Dates

  • December 3, 2025: IndiGo issued initial press statement to exchanges
  • December 4, 2025: BSE requested clarification on news article; company submitted response
  • Next 48 hours from December 4: Calibrated schedule adjustments to remain in place

Impact Assessment

Operational Impact: Significant flight disruptions across IndiGo’s network affecting customer operations for two days. Company taking corrective action with schedule adjustments expected to normalize operations within 48 hours.

Market Impact: Stock price declined 3% on news reports of alleged DGCA probe. Company’s clarification that no formal probe exists and remedial measures underway may help stabilize investor sentiment.

Regulatory Impact: DGCA seeking information indicates regulatory scrutiny but not enforcement action at this stage. Company cooperating with information requests.

Investor Impact: Clarification provides transparency on operational challenges and corrective measures, addressing concerns about regulatory risk and operational reliability.

Impact Justification

Clarification addresses market concerns about regulatory probe and operational disruptions affecting stock price, but company states no formal investigation and implementing corrective measures within 48 hours