IndiGo's on-time performance crashes to just 8.5%
IndiGo, India's biggest airline, just had a rough week—its flights were on time only 8.5% of the time on Thursday.
Widespread staff shortages and operational hiccups meant up to 200 flights were canceled that day alone, despite IndiGo usually running about 2,300 flights daily.
Passengers faced major delays and pricier tickets
Between December 2 and 4, IndiGo canceled up to 200 flights each day at big airports like Delhi and Mumbai.
Some passengers waited as long as 12 hours, and ticket prices shot up.
Meanwhile, rival airlines like Air India (61% OTP), Akasa Air (63%), and SpiceJet (56%) managed much better.
Investors worried; regulators step in
IndiGo's stock dropped nearly 3% as investors reacted to the chaos.
The aviation regulator (DGCA) called out IndiGo for misjudging new rules, putting the blame squarely on them.
The airline says it hopes things will be back to normal by February 2026.