Indigo Airlines
Indigo Airlines
Interglobe Aviation rating – Buy: Strengthened balance sheet augurs well
Cash burn stood at Rs 190 m per day in Q4; cash reserves will allow firm to endure Covid impact; upgraded to ‘Buy’ with TP up to Rs 2,000
IndiGo quarterly loss widens to Rs 1,147 crore
As air travel demand was significantly hit by the pandemic, the carrier's consolidated total income slumped over 26 per cent to Rs 6,361.8 crore in the fourth quarter of the current fiscal, according to a release.
Go Air files IPO papers with SEBI for Rs 3,600-cr issue; firm rebrands as Go First ahead of IPO
Go Airlines has filed a Draft Red herring Prospectus with capital markets regulator SEBI to launch an IPO (initial public offering) worth Rs 3,600 crore
InterGlobe Aviation to explore options to increase liquidity
The board of the company, during its meeting held on Friday, deliberated the possibility of raising funds through the qualified institutional placement (QIP) route.
Good news for air passengers! IndiGo offers door-to-door baggage transfer service in these cities
The facility will help passengers transfer their luggage hassle-free from one destination to another with added assistance inside the terminal.
Covid-19: IndiGo hands over passenger to security agencies at Kolkata airport for not wearing mask on flight
The passenger on IndiGo's 6E938 Bengaluru-Kolkata flight on Saturday refused to wear a mask despite repeated warnings from the flight crew, the officials noted.
CCI dismisses case of alleged cartelization among domestic airlines
In September 2016, the CCI had directed the director general (DG), its investigation arm, to cause an investigation into the matter on "prima facie" finding that the airlines-- Jet Airways (including Jet Lite), Indigo, Spice
IndiGo ने बढ़ाई हवाई सेवाएं, यूपी से अब हर हफ्ते 650 से अधिक उड़ानें
उत्तर प्रदेश के चार शहरों, लखनऊ, वाराणसी, प्रयागराज और गोरखपुर, से उड़ानों का परिचालन श
IndiGo CEO calms employee fears but does not debunk Bhatia, Gangwal fallout news
CEO Ronojoy Dutta wrote to the airline’s employees trying to assuage any concerns or uncertainties but did not breathe a word debunking the alleged fallout.
Gurugram: Two dead, woman pilot critically injured in underpass collision
Police have identified the accused as Pradeep Kumar and he is absconding with police saying that a search is underway to nab him. His SUV carries a VIP number and has a fake Member of Parliament sticker. A case has been regis
IndiGo sacks 2 ground staff, suspends 3 others for Srinagar airport security breach
IndiGo airlines has terminated services of two of its ground staff besides suspending three more employees at the Srinagar airport for a week for security breach last month.
IndiGo expands international and domestic network
India’s low-cost carrier, IndiGo, is enhancing its customer experience in the international and domestic markets with the launch of 10 new flights within India and Oman
Buy rating on Indigo; Operational numbers were in line
Carrier announced a final dividend of Rs 15/sh, taking full year dividend to ~R43/sh; this implies 93% payout
IndiGo March quarter profit up marginally at Rs 579 crore
Interglobe Aviation, which controls the country’s biggest airline by market share, IndiGo Airlines, on Friday reported a 0.34% y-o-y increase in net profit to Rs 579.3 crore...
IndiGo owner InterGlobe Aviation posts 53 pct rise in annual profit
InterGlobe Aviation, owner of Indian airline IndiGo, reported on Friday a 53 percent jump in full-year net profit to 19.9 billion rupees...
IndiGo to add 14 new flights from next month
IndiGo will connect Kochi to Chennai and Jaipur to Bengaluru and also scale up frequencies from Delhi to Srinagar and Jaipur.
Airlines in no mood to stop increase in cancellation charges
This will also ensure that airlines raise the contribution of ancillary revenue in the total sales to bring it at par with the global airline business model where the former is 10% of the latter.
Eco-friendly A320 Neo debuts in India, delivered to IndiGo
Making its debut in India, the first eco-friendly A320 Neo built by European aircraft major Airbus landed at the Indira Gandhi International Airport here yesterday, and was delivered to budget carrier IndiGo.
IndiGo first Indian carrier to induct fuel-efficient A320neo
The country's largest airline by market share IndiGo is all set to take delivery of its maiden new engine technology aircraft A320neo, becoming the first domestic carrier to have such a plane in its fleet.
Indigo says Airbus to deliver delayed A320neos aircraft from March
European aviation major Airbus will start delivering new engine technology aircraft A320neos to low-cost carrier Indigo from next month, the airline announced today.
Editorial: Letting airlines take off
Both 5/20 and route dispersal guidelines must go
Indigo offloaded 70 fliers from Hyderabad-Raipur flight for ‘unruly behaviour’
At least 70 passengers were offloaded from a Raipur-bound Indigo flight at Rajiv Gandhi International Airport here last night on the grounds of "unruly behaviour", following which the fliers lodged a complaint...
Low crude prices to help Indigo’s smooth flight
With oil at historic lows, InterGlobe’s near-term earnings is expected to be strong, peaking in early FY17
New Airbus Neos to join IndiGo fleet from December
Domestic carrier IndiGo today said the Airbus A320 Neo would begin arriving from December-end and over the next 15 months the fleet strength would be raised to 134 aircraft.
Cartelisation: CCI imposes Rs 258 crore fine on Jet Airways, IndiGo, SpiceJet
Clamping down on unfair business practices in the aviation sector, the Competition Commission of India (CCI) on Tuesday slapped penalties totalling Rs 258 crore on Jet Airways, IndiGo and SpiceJet...
