NEW DELHI: InterGlobe Aviation, the parent company of IndiGo , saw its stock plunge over 7% on Monday morning as the airline’s flight cancellations and disruptions extended into a seventh consecutive day. The shares dropped to Rs 4,976.40, down Rs 394.90 (7.35%) as of 11.25am on the BSE amid growing scrutiny from regulators and intensifying passenger frustration. The stock opened at Rs 5100.05, reaching a high of Rs 5205.05 before plummeting to Rs 4965.05 (As of 11.25am). The crisis deepened on Monday with more than 250 cancellations from Delhi and Bengaluru alone, according to sources quoted by PTI. At Delhi airport, 134 flights - 75 departures and 59 arrivals were cancelled, while Bengaluru saw 117 cancellations, including 65 arrivals and 62 departures. Some tallies indi
IndiGo crisis: InterGlobe Aviation’s shares tank over 7%; flight cancellations & disruptions enter day 7
The Times of India10 hrs ago
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