IndGo

A passenger on a Delhi-bound IndiGo flight from Ayodhya reportedly faced a 'harrowing experience' after the aircraft attempted to land twice but failed

Seven airlines, including Alliance Air, SpiceJet, IndiGo and Emirates, together have pending dues of more than Rs 95 crore to the Airports Authority of India (AAI), according to the government. Other foreign airlines that have pending dues are Biman Bangladesh Airlines Ltd, British Airways Plc and Qatar Airways, as per data provided to the Rajya Sabha on Monday. The figures exclude interest and take into account only dues that are over Rs 1 crore pending for more than one year as of November 30, 2023. As per the data provided by Civil Aviation Minister Jyotiraditya Scindia in a written reply, three domestic carriers -- Alliance Air, SpiceJet and IndiGo together owe Rs 86.89 crore to the AAI. Out of them, the maximum dues amount is that of Alliance Air at Rs 83.38 crore, followed by SpiceJet (Rs 2.13 crore) and IndiGo (Rs 1.38 crore). Among the four foreign airlines, Biman Bangladesh Airlines has the highest dues of Rs 4.02 crore, followed by British Airways (Rs 1.85 crore), Emirat

InterGlobe Aviation, the parent of the country's largest airline IndiGo, will set up a subsidiary with an investment of up to Rs 30 crore for financing aviation assets. The wholly-owned subsidiary will be set up in GIFT City. The company's board on Monday approved the proposal to incorporate a wholly-owned subsidiary with an investment of "up to Rs 30 crore in one or more tranches". Besides, it will issue corporate guarantees of up to USD 996 million or an equivalent amount in Indian rupees or any other currency, to secure the payment obligations of the wholly-owned subsidiary, according to a regulatory filing. The company said the subsidiary would be into financing aviation assets and approvals will be sought from the Reserve Bank of India (RBI), among others. The investment of up to Rs 30 crore will be made in "one or more tranches through equity/quasi-equity/ optionally convertible preference shares/ optionally convertible debt instruments or any combination thereof," the filin

In the second such instance in a time difference of a few hours, an IndiGo flight from Kolkata to Bengaluru on Tuesday reported a mid-air glitch after one of its engines shut down but landed safely

Go has been facing financial challenges for a long time now. Earlier, it had sent its employees on long unpaid leaves

The low cost carrier's revenue jumped 257 per cent sequentially to Rs 2,704.9 crore from Rs 766.7 crore reported in Q1FY21

Four airlines -- Vistara, GoAir, Air India and IndiGo -- announced that their passengers, who are stuck in traffic due to anti-CAA protests in various parts of Delhi, will be adjusted in subsequent fl

IndiGo flight had reportedly just arrived from Lucknow and the Spicejet flight was about to take off