IndiGo confirms severe disruptions; over 1,000 flights cancelled on Dec 5

Guidance cutMonthly volumes declinedBusiness Updates View source PDF Explain this filing

INDIGO · price

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Price reactionminutes from the announcement price · days from the prior close

-8.6%Reaction day

₹5367.50

prior close

₹5110.00

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-1.1%-7.5% vs market

Transport Services peers, median of 59sector · industry level-2.4%-6.2% vs sector

On the reaction day the stock moved 7.5 pts less than Nifty 100 and 6.2 pts less than its Transport Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.0

15m

+1.2

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-8.6-1.1-7.5-2.4-6.2

Next day

-7.1-1.3-5.7-1.3-5.8

-10.4-1.6-8.7-0.3-10.0

-10.2-1.1-9.1-0.3-9.9

-9.4-0.5-8.9+0.5-9.9

-7.6-0.5-7.1+0.5-8.1

-7.3-1.3-5.9-1.2-6.1

15d

-6.7-0.8-5.9-1.0-5.7

-8.6-0.9-7.7-2.5-6.2

-7.7-0.8-7.0-0.5-7.3

-20.8-7.5-13.3-11.9-8.9

UpDownMarket · Nifty 100Sector · Transport Services peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

IndiGo told NSE that a news report on flight cuts was inaccurate, but CEO Pieter Elbers confirmed severe disruptions. Over 1,000 flights, more than half of daily operations, were cancelled on December 5 due to crew and system issues. The airline is rebooting schedules, expecting cancellations below 1,000 from December 6. Full normalization is targeted between December 10 and 15. DGCA provided FDTL implementation relief. The CEO publicly apologized for major inconvenience to passengers.

Likely market impact

Negative near term due to mass cancellations and customer backlash. Recovery targeted by Dec 10-15 with DGCA support. Stock likely under pressure.