Govt to Make IndiGo "Test Case" After Flight Chaos; Shares Plummet

• Government vows "very, very strict action" against IndiGo to set an example after week-long flight chaos.
• IndiGo's disruptions stemmed from delayed preparation for stricter pilot rest rules (FDTL), leading to pilot shortages.
• The Directorate General of Civil Aviation (DGCA) issued a show cause notice and formed a panel to investigate IndiGo's compliance and preparedness.
• Widespread cancellations affected hundreds of thousands of passengers, with over Rs 827 crore refunded for tickets cancelled between Nov 21 and Dec 7.
• IndiGo's shares fell over 8% on Monday, marking a significant market value loss, despite the airline claiming improved operations.

Why It Matters: Gov't action on IndiGo signals tougher airline rules & consumer protection.