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Amid the widespread disruption in the Indian aviation sector, prime minister Narendra Modi said reforms are undertaken across all sectors to ease public's lives, and ensure that they face no problems. The prime minister made this statement while speaking to NDA MPs at the parliamentary party meeting in Delhi, according to union minister Kiren Rijiju.
"All NDA leaders congratulated PM Modi for the NDA's victory in the Bihar elections. PM Modi guided all the NDA MPs to work for their respective constituencies. PM emphasised undertaking reforms across all sectors to ease the public's lives and ensure they face no problems. The PM said that laws should help people. He also urged the MPs to connect with the youth. I express my gratitude to the PM for this guidance. It was a very good meeting of the NDA parliamentary party," the minister said.
Even as there was no mention by the prime minister regarding the present crisis, this statement holds significance as the now withdrawn Flight Duty Time Limitations (FDTL) reforms wreaked havoc in the Indian aviation sector in general, and IndiGo airlines in particular.
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In a related development, the union government has decided to curtail IndiGo's winter routes, and give its slots to other operators.
"We have already talked to DGCA (Directorate General of Civil Aviation), we've decided to curtail IndiGo's operations. It has about 2200 routes in its flight schedule, that will definitely be brought down. These routes will be awarded to other operators, and when IndiGo shows that it's able to cover those routes, we'll give them back to IndiGo," civil aviation minister told Doordarshan in an interview on Monday evening.
The DGCA has also reportedly ordered IndiGo to reduce its flight operations by 5%. The India's largest domestic fleet operator, which operates approximately 2,300 flights daily, will see a reduction of about 115 flights.
The share price of IndiGo fell 1.63% today to an intraday low of ₹4,843 apiece on the National Stock Exchange (NSE) on Tuesday, the company's shares have fallen over 13% in the past five trading sessions ever since this crisis enveloped.