India, Dec. 11 -- The ongoing operational crisis at IndiGo has begun to ripple far beyond airport terminals, inflicting a massive blow on Delhi's economy.

The Chamber of Trade and Industry (CTI) has estimated that the airline's large-scale flight cancellations have already resulted in a business loss of nearly Rs 1,000 crore to the capital's trade, industry, tourism and exhibition sectors. CTI, an umbrella body for Delhi's market associations, reported a 25 per cent drop in footfall at major markets across the city over the past 10 days.

CTI Chairman Brijesh Goyal said that daily flight disruptions have severely impacted the movement of traders, tourists and business travellers, leading to a sharp fall in market activity across the city...