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00:03Indigo's parent Interglobe Aviation saw shares drop more than 8% on Monday, according to CNBC.
00:09India's largest airline, which typically operates more than 2,300 flights a day,
00:15managed only 706 on Friday after new pilot rest rules took effect, causing major disruptions.
00:22Indigo said it operated 1,650 flights on Sunday and expects its network to stabilize by Wednesday.
00:28India's civil aviation minister ordered an investigation and warned of strict action for noncompliance.
00:34Passengers reported long delays and limited support,
00:36and Indigo has not confirmed whether all required refunds have been issued.
00:40The airline told regulators the disruption stemmed from challenges implementing revised flight duty time limitations,
00:45which were temporarily suspended after cancellations peaked.
00:48For all things money, visit Benzinga.com.
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