The Economic Times

DGCA slaps Rs 22.2 crore fine on IndiGo over December flight disruptions, orders Rs 50 crore bank guarantee

The countrys largest airline has also been ordered to furnish a Rs 50 crore bank guarantee to ensure implementation of reforms in four areas: leadership and governance, manpower planning, digital systems and board oversight. The guarantee will be released in phases, only after the civil aviation regulator verified compliance at each stage.