Global credit rating agency Moody's has called IndiGo's flight disruptions as credit negative, while signalling the likeliness of a significant financial damage due to constant flight delays. Highlighting yet another downside, Moody's also downgraded Indigo's issuer category score for human capital to 4 from 3.
This comes after trouble surmounted for India's largest passenger carrier post the Flight Duty Time Limitation (FDTL) norms came into effect from November 1.
These rules, which prioritised the well-being of pilots, highlighted the shortage of personnel in IndiGo, leading to last-minute adjustments to its crew schedules and the nation-wide flight delays.
The Union Civil Aviation Minister K Rammohan Naidu on Monday said that action would be taken against IndiGo after over 2,000 fli

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