IndiGo Crisis: India's Aviation Duopoly Faces Systemic Risk

• IndiGo faced mass flight cancellations due to crew shortages, disrupting travel for thousands and causing chaos at airports.
• The crisis highlights the risks of a duopoly-like situation in India's aviation market, dominated by IndiGo and Air India.
• The government intervened by relaxing pilot fatigue management rules to ease disruptions.
• Experts warn that IndiGo's size poses systemic risk and advocate for reduced jet fuel taxes and increased competition.
• IndiGo aims to stabilize operations, expecting to operate over 1,650 flights and return to normalcy soon.

Why It Matters: IndiGo's crisis highlights risks of duopoly in India's vital aviation sector.