IndiGo Stock Soars 2% as CEO Elbers Declares 'Worst Is Behind Us'

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News18•18-12-2025, 13:45
IndiGo Stock Soars 2% as CEO Elbers Declares 'Worst Is Behind Us'
- •IndiGo shares surged over 2% after CEO Pieter Elbers' optimistic message to employees.
- •Elbers stated "the worst is behind us" following recent large-scale flight cancellations and disruptions.
- •The airline has restored its network to 2,200 flights, crediting staff teamwork and operating principles.
- •Disruptions were caused by a crew shortage, particularly pilots, due to new FDTL norms.
- •IndiGo will focus on resilience, root-cause analysis, and rebuilding, with an external expert appointed.
Why It Matters: IndiGo's stock rose as CEO Elbers assured employees that the airline has overcome recent disruptions.
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