https://www.taxtmi.com/news?id=63991 Widespread flight cancellations at IndiGo from inadequate planning for Phase 2 Flight Duty Time Limitation rules are deemed credit negative due to revenue loss, refunds and compensation obligations, and exposure to potential regulatory penalties. The carrier received a temporary exemption until February 10, 2026, contingent on periodic operational and compliance reporting and a 30 day road map for full FDTL compliance. Regulatory show cause notices to executives and mandated customer refunds have been issued, while governance and human capital scores were downgraded reflecting preparedness and staffing shortcomings. en-us Mon, 08 Dec 2025 17:31:03 +0530 Mon, 08 Dec 2025 17:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63991 Widespread flight cancellations at IndiGo from inadequate planning for Phase 2 Flight Duty Time Limitation rules are deemed credit negative due to revenue loss, refunds and compensation obligations, and exposure to potential regulatory penalties. The carrier received a temporary exemption until February 10, 2026, contingent on periodic operational and compliance reporting and a 30 day road map for full FDTL compliance. Regulatory show cause notices to executives and mandated customer refunds have been issued, while governance and human capital scores were downgraded reflecting preparedness and staffing shortcomings. News - Mon, 08 Dec 2025 17:31:03 +0530 https://www.taxtmi.com/news?id=63991