Sector watchers said the development was not a surprise as IndiGo is planning for the takeoff of its next phase of growth
The attempt to sell 76% in the national carrier failed after not a single bidder evinced an interest in the airline earlier this month
The company's CEO Amar Abrol resigned last month and is on a notice period
Those spearheading the Air India stake sale have put the blame on advisors and dealmakers for failing to attract potential bidders
The CBI in its FIR said that Siva took loans from IDBI bank only not to use it to repay debt for a group firm
Ghosh was swift to respond to the role and kept things at IndiGo running with a few elementary guidelines - low cost, on time, efficiency
Additionally, a large portion of the debt are aircraft related, meaning they are backed by aircraft value
With more than 1,000 aircraft on order, India to become third-largest buyer of planes
The FM announced that the Centre would leverage the India Infrastructure Finance Corporation Limited to help finance major infrastructure projects
Fifteen airline and helicopter operators will operate on 502 routes connecting 70 airports and heliports
IndiGo will be the first Indian airline to do long-haul low-cost operation; will operate flights to London, Paris, Hong Kong, and Madrid from New Delhi
No major Indian corporation from outside of aviation will invest in such a complex project without an experienced strategic partner, says aviation consultancy firm CAPA
AirAsia in the process of appointing a banker to find a partner for our profitable and successful shared services centre, he said
Limited bilateral flying rights another challenge for airlines; Major airports like Delhi and Mumbai are choked with air traffic, restricting addition of new flights
Extreme fog delayed take-off forcing passengers to wait inside aircraft for five hours
An integrated team of 200 staff crunches data, to minimise disruption for 149 planes but airport infrastructure poses a challenge
Why can't private airports allocate 25 per cent of their flights for regional aviation, Gopinath asks
Rothschild is likely to walk out of the process citing low transaction fee
After repeated complaints from industry that high taxation may result in a loss of Rs 6,000 cr
The expenditure will primarily be meant to build seven greenfield airports and step up the capacity of terminals and runways at 46 existing airports