IndiGo CEO: 'Bad Times Behind Us,' Focuses on 3-Point Recovery Plan; Shares Jump 3%

• IndiGo CEO Pieter Elbers declared "bad times are behind us" after recent operational disruptions.
• The airline faced approximately 5,000 flight cancellations between December 1-9 due to pilot duty regulations, crew shortages, and winter fog.
• Operations have stabilized with 2,200 flights now operational; Elbers thanked employees for their resilience.
• IndiGo's new focus is on strengthening the company, analyzing root causes, and rebuilding.
• InterGlobe Aviation shares rose 3% on December 18, despite an 11% drop over the last month.

Why It Matters: IndiGo CEO announces recovery plan after disruptions, focusing on strengthening, analysis, and rebuilding.