Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
IndiGo shares jump 3% after CEO Pieter Elbers' resignation
short by Mansi Agarwal / on Wednesday, 11 March, 2026
Shares of InterGlobe Aviation, parent of IndiGo, jumped about 3% to an intraday high of ₹4,512 on Wednesday after CEO Pieter Elbers resigned with immediate effect. The airline appointed Managing Director Rahul Bhatia as interim CEO. Elbers' exit comes months after IndiGo cancelled and delayed thousands of flights, affecting lakhs of passengers.
read more at Hindustan Times