A sign in Mumbai criticizes IndiGo Airlines.
Credit: Zuma Press Inc/Alamy Stock Photo
IndiGo has had to downgrade its quarterly capacity growth estimates as a result of its December cancelation crisis, and the airline is still calculating what will undoubtedly be a major financial hit. In a stock exchange filing on Dec. 11, IndiGo noted that it had 4,500 cancelations in the first...
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