Moody's Terms IndiGo's Flight Chaos 'Credit Negative' Amid Planning Lapses
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Moody's Terms IndiGo's Flight Chaos 'Credit Negative' Amid Planning Lapses
In a significant development, rating agency Moody's has slammed IndiGo for its operational meltdown, terming the ongoing flight disruptions as 'credit negative'. The agency highlighted 'significant lapses in planning' and oversight, pointing out that the airline failed to prepare for new aviation rules despite knowing them for a year. The ...
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