IndiGo Faces ₹1,180 Crore Hit as DGCA Takes Major Action Over Flight Cancellations

• The DGCA has imposed a ₹22.20 crore fine on IndiGo for continuous violations of Flight Duty Time Limitation (FDTL) rules and systemic deficiencies.
• IndiGo is mandated to deposit a ₹50 crore bank guarantee under ISRAS, blocked until improvements in monitoring, manpower, and rostering are verified.
• The airline faces over ₹500 crore in passenger compensation for those severely affected by December disruptions, including a ₹10,000 'Gesture of Care' voucher.
• IndiGo has already refunded ₹610 crore in ticket refunds, with the total financial impact exceeding ₹1,180 crore when including fines, compensation, and the bank guarantee.
• DGCA emphasizes permanent systemic reforms to prevent recurrence, citing over-optimization and inadequate planning as root causes of December's issues.

Why It Matters: IndiGo faces a massive ₹1,180 crore financial blow due to DGCA action over flight cancellations.