INSUBCONTINENT EXCLUSIVE:
IndiGo is the country's largest carrier with a nearly 50 per centshare of the domestic market.Shares in InterGlobe Aviation - the parent
company of the budget airline IndiGo - settled on a negative note after swinging between gains and losses on Monday
On the Bombay Stock Exchange (BSE), IndiGo shares opened marginally higher at Rs 1,445 apiece but soon turned volatile and switched
direction at least eight times by afternoon
On the National Stock Exchange (NSE), IndiGo's shares ended 0.25 per cent lower at Rs 1,435.10 apiece
In a statement on Monday, IndiGo said its systems were down across the network since morning, and that it expects operations at airports to
be impacted as a result.IndiGo's outage comes as dozens of flights face delays or cancellations on Monday, according to reports, due to a
decline in visibility because of hazardous air pollution in New Delhi.On the BSE, IndiGo shares rose to as much as 1.35 per cent to an
intraday high of Rs 1,459.75 apiece and dropped as much as 1.18 per cent to an intraday low of Rs 1,423.15 apiece
On the NSE, IndiGo's shares jumped as much as 1.45 per cent to hit an intraday high of Rs 1,459.65 apiece
At the day's lowest point, IndiGo's shares declined 1.18 per cent on the NSE."Our systems have been down across the network since
As a result, we are expecting our operations to be impacted across the airports
All efforts are being made to resolve the issue at the earliest," the airline said in a statement.IndiGo is the country's largest carrier
must replace all Pratt - Whitney (P-W) engines on its fleet of 97 twin-engine Airbus A320neo family aircraft with new P-W power units,
following recent inflight engine shutdowns.Get Breaking news, live coverage, and Latest News from India and around the world on
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