Interglobe Aviation Ltd.

BSE: 539448 | NSE: INDIGO
Large Cap | Airlines
4738.70
5.95 (0.13%)
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CCI imposes fine of Rs 9.45 crore on InterGlobe Aviation

Date: 08-03-2018

The Competition Commission of India (CCI) has imposed a fine of Rs 9.45 crore on InterGlobe Aviation (IndiGo) for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has also directed IndiGo to cease and desist from anti-competitive practices. The order has come on a complaint filed by Express Industry Council of India against the airlines alleging cartelisation.

IndiGo provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline. It operates over 1,000 daily flights connecting 50 destinations.