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IndiGo flagged as 'credit negative' by Moody's after flight cancellation debacle; directed to cut capacity by 10% by DGCA

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IndiGo flagged as 'credit negative' by Moody's after flight cancellation debacle; directed to cut capacity by 10% by DGCA

Moody's has flagged Indian airline IndiGo as "credit negative" due to its failure to plan effectively for the country's new aviation staffing regulations. In light of its failures, India's Directorate General of Civil Aviation (DGCA) has directed IndiGo to cuts its capacity by 10% and to focus thes...

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