Budget carrier IndiGo has cancelled all domestic departures from Delhi until midnight, worsening the ongoing nationwide operational crisis that has disrupted schedules for several days. Shares of India’s largest airline, after one of its biggest crises ever, have declined 10.5% in the past week. However, global brokerage firms Citi and Morgan Stanley have maintained their ‘buy’ rating to the stock. However, Morgan Stanley has lowered its FY27 and FY28 earnings target.

In a big relief to the carrier, the Directorate General of Civil Aviation (DGCA) has put its rule barring airlines from substituting weekly rest with leave in abeyance, offering immediate relief to carriers struggling with operational disruptions. The move comes amid major operational disruptions and airline requests for fle

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