Govt Slashes IndiGo Flights 5%: Fares Up, Stock Crashes In Peak Season

India's biggest airline IndiGo faces govt hammer: 5% winter schedule cut, show-cause notice, top brass summoned after mass cancellations. Aviation Minister vows no duopoly, more airlines for choice & affordability. Peak wedding season hit hard – fewer seats, rising fares loom. Stock plunges 15%, brokerages warn 8-9% earnings blow. Will parliamentary probe & ₹1000Cr penalty follow? VO package exposes crisis, impacts & road ahead for flyers.