India's IndiGo airline CEO resigns months after mass cancellation crisis [Yahoo! Finance]
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Source: Yahoo! Finance
The chief executive of India's largest airline IndiGo has resigned, months after a crisis that forced the carrier to cancel thousands of flights. The airline confirmed Peiter Elber's departure with immediate effect, saying he stepped down for "personal reasons", without sharing further details. The move follows intense scrutiny after widespread cancellations linked to new pilot roster rules left passengers stranded across India late last year. IndiGo controls about two-thirds of the country's domestic aviation market - making disruptions to its operations a major issue for India's fast-growing air travel sector. The airline operates a fleet of around 440 aircraft and runs mostly domestic services, along with a few international routes to destinations in the Middle East, Europe and Asia. It has played a significant role in the rapid growth of India's aviation sector, which is one of the fastest-expanding air travel markets in the world. IndiGo said in a press statement on
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