Mumbai: The stock exchange on Wednesday sought clarification from InterGlobe Aviation Ltd, the parent of India’s largest airline IndiGo, over a recent media report questioning whether the carrier created an artificial shortage of seats and referring to a Competition Commission of India (CCI) probe following flight disruptions in December.
In a regulatory filing, the exchange said it has asked the company to comment on the news item titled “Did IndiGo create an artificial shortage of seats? CCI orders probe after December flight chaos.” The exchange added that the response from the company is awaited.
The development comes amid heightened scrutiny of airline pricing and capacity management practices, particularly after widespread flight disruptions during the peak travel period in December, which had triggered passenger complaints and political attention.
InterGlobe Aviation has not yet issued an official statement on the matter. Market participants are closely watching the stock for any potential regulatory or financial implications arising from the reported probe.
The exchange said it would update the market once the company submits its response to the query.