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Interglobe Aviation Ltd News

IndiGo to lease Boeing 787-9 from Norse Atlantic for long-haul expansion

IndiGo has placed a firm order for 30 Airbus A350-900s, with an option for 70 more, expected for delivery from 2027

IndiGo to lease Boeing 787-9 from Norse Atlantic for long-haul expansion
Updated On : 06 Feb 2025 | 3:25 PM IST

GST authorities clamp down on IndiGo with Rs 115.86 crore penalty

GST authorities have imposed penalties totalling Rs 115.86 crore on IndiGo, the airline said in a regulatory filing on Wednesday. According to the filing, the penalty order was passed on February 4. Of this, Rs 113.02 crore pertains to services provided to offshore recipients, which the goods and services tax (GST) authorities did not consider as "export of services", and denied input tax credit on certain services for FY18, FY19, and FY20 while the remaining Rs 2.84 crore penalty is on account of denial of input tax credit (ITC) for ?FY18, FY19, and FY20, as per the filing. IndiGo, in the filing said, "is actively engaging in contesting these orders before the appellate authority". The airline also said there is no material impact on financials, operations or any other activities of the companies.

GST authorities clamp down on IndiGo with Rs 115.86 crore penalty
Updated On : 05 Feb 2025 | 11:03 PM IST

Maha Kumbh: IndiGo reduces airfares for Prayagraj, increases flights number

IndiGo on Thursday said airfares have stabilised for the Prayagraj flights and that the airline has significantly increased the number of flights on the route to 900 for the Maha Kumbh. There have been persistent concerns about soaring airfares on the flights to Prayagraj in the wake of rising passenger demand and the government has asked airlines to maintain air ticket prices as well as operate more flights on the route. Maha Kumbh, which commenced on January 13, will conclude on February 26. Besides the additional capacity that has already been activated, IndiGo said it is working on reallocating capacity from other parts of its network to add more flights, to cater to the influx of passengers. "The airline has also ensured to stabilise airfares and is committed to providing the best possible travel experience to all its customers," it said in a release. On Wednesday, sources said IndiGo has reduced the fares for Prayagraj flights in the range of 30-50 per cent. According to the

Maha Kumbh: IndiGo reduces airfares for Prayagraj, increases flights number
Updated On : 30 Jan 2025 | 3:32 PM IST

IndiGo's profit drops by 18.3% due to rupee depreciation, grounded planes

The number of grounded planes, according to CFO Negi, in the airline's fleet is somewhere "in the 60s" now. The airline's fleet comprises 437 planes

IndiGo's profit drops by 18.3% due to rupee depreciation, grounded planes
Updated On : 24 Jan 2025 | 8:14 PM IST

IndiGo Q3 results: Net profit drops 18.6% to Rs 2,449 cr, revenue up 14%

Interglobe Aviation Q3FY25 results: Indigo carried 27.325 million passengers, commanding a market share of 63.8%, compared to 24.31 million passengers and a 62.1% share a year ago

IndiGo Q3 results: Net profit drops 18.6% to Rs 2,449 cr, revenue up 14%
Updated On : 24 Jan 2025 | 4:27 PM IST

Q3 results Jan 24: DLF, Indigo, JSW Steel among 81 to post earnings today

Q3FY25 company results, January 24: Godrej Consumer Products, Bank of India, and AU Small Finance Bank will release results for the Oct-Dec quarter today

Q3 results Jan 24: DLF, Indigo, JSW Steel among 81 to post earnings today
Updated On : 24 Jan 2025 | 9:34 AM IST

IndiGo to report Q3 2025 results on Friday; here's what analysts expect

IndiGo Q3 results preview: Analysts tracking IndiGo stock expect the low-cost airline to report a turnaround performance in the quarter ended December 31, 2024, on a sequential basis

IndiGo to report Q3 2025 results on Friday; here's what analysts expect
Updated On : 22 Jan 2025 | 2:58 PM IST

IndiGo's Mumbai-Istanbul flight cancelled due to technical glitch

Domestic carrier IndiGo on Saturday said it has arranged an alternative aircraft to fly the stranded passengers after its Mumbai-Istanbul flight of December 28, scheduled to depart at 6.55 am, had to be cancelled due to a technical glitch. The long delay prompted some of the passengers to vent their anger on social media. No food or even water was served and there was no representative from the airline willing to listen to their grievances, some passengers claimed. The alternative aircraft will depart for Istanbul at 11 pm, the airline said in a statement. "We regret that our flight 6E17, originally scheduled to operate from Mumbai to Istanbul, faced a delay due to technical issues. Unfortunately, despite our best efforts to rectify the issue and dispatch it to the destination, we eventually had to cancel the flight," IndiGo said in a statement. "Mumbai to Istanbul journey suspended after 10 hours waiting by passengers. Information that there are around 100 passengers in this ...

IndiGo's Mumbai-Istanbul flight cancelled due to technical glitch
Updated On : 28 Dec 2024 | 11:04 PM IST

IndiGo exploring option to advance the induction of wide body planes

Airline in talks with Norse Atlantic Airways to lease 6 B787 aircraft

IndiGo exploring option to advance the induction of wide body planes
Updated On : 25 Dec 2024 | 8:38 PM IST

IndiGo share takes off 3% as Elara Capital upgrades to 'Buy', lifts target

The rally in IndiGo's share price followed a rating upgrade from domestic brokerage Elara Capital. The brokerage upgraded the stock to 'Buy' from 'Sell' and raised the target price to Rs 5,309

IndiGo share takes off 3% as Elara Capital upgrades to 'Buy', lifts target
Updated On : 23 Dec 2024 | 11:29 AM IST

IndiGo launches daily direct flights between Chennai and Penang in Malaysia

IndiGo has launched daily direct flights between Chennai and Penang in Malaysia on Saturday, becoming the 37th international destination for the private airliner. The new route caters to the growing demand for travel between the two cities, offering both business and leisure travellers a convenient and affordable option, IndiGo said in a statement on Saturday. "We are extremely pleased to further expand our network into Malaysia with the launch of direct flights from Chennai to Penang, our third destination in Malaysia, alongside Kuala Lumpur and Langkawi. With the inclusion of these flights to Penang, IndiGo will now operate 28 weekly flights to Malaysia from 2 cities in India" IndiGo Head of Global Sales Vinay Malhotra said in a statement. At the inaugural ceremony, Chennai Airport director C V Deepak handed over the boarding pass to the first passenger on Saturday. "Your gateway to Malaysia's crown jewel! The inaugural flight (6E1045) of IndiGo from Chennai to Penang was marked

IndiGo launches daily direct flights between Chennai and Penang in Malaysia
Updated On : 21 Dec 2024 | 6:02 PM IST

IndiGo suggests step-by-step hike in pilot rest period from June 2025

Airline opposes DGCA plan to extend 'night duty window'

IndiGo suggests step-by-step hike in pilot rest period from June 2025
Updated On : 18 Dec 2024 | 7:57 PM IST

IndiGo flight to Jeddah makes emergency landing in Pak, returns to Delhi

A Jeddah-bound IndiGo plane was diverted to the Karachi airport on Saturday due to a medical emergency on board and later flew back to Delhi. Sources in the Civil Aviation Authority (CAA) in Pakistan said the aircraft was in the Pakistani airspace when a male passenger fell seriously ill, following which the plane made an emergency landing at the Jinnah International Airport in Karachi. "There was a medical emergency on board IndiGo flight 6E 63, operating from Delhi to Jeddah," the airline said in a statement. IndiGo said the captain diverted the flight to Karachi, where a doctor attended to the passenger upon arrival. "After completing the necessary formalities, the flight departed Karachi and returned to its origin to provide further assistance to the medical passenger," the airline said, adding, after the passenger was deboarded in Delhi, the flight departed for Jeddah. According to Geo News, the passenger was a 55-year-old Indian man. Sources in the CAA said the flight's pil

IndiGo flight to Jeddah makes emergency landing in Pak, returns to Delhi
Updated On : 14 Dec 2024 | 4:45 PM IST

IndiGo to send two planes to bring back stranded passengers from Istanbul

IndiGo is sending two planes to Istanbul to bring back passengers stranded in the Turkish capital after their flight to Delhi was cancelled on Friday due to a technical issue. On Thursday, hundreds of IndiGo passengers were stuck at Istanbul airport after their flights to Delhi and Mumbai were delayed. They were stranded for over 24 hours, and many took to social media to complain about the delays and lack of facilities. There was a cascading effect on the airline's scheduled flights on the two routes. IndiGo, on Friday evening, said all necessary steps were taken to ensure customers were apprised and provided with refreshments and accommodation, where possible. On Saturday, IndiGo said its flight 6E 12, operating from Istanbul to Delhi, was cancelled due to a technical issue. The cancellation happened on Friday. The airline operates two daily flights to Istanbul with leased Boeing 777 aircraft -- one from Delhi and another from Mumbai. "Alternative aircraft have been arranged t

IndiGo to send two planes to bring back stranded passengers from Istanbul
Updated On : 14 Dec 2024 | 4:05 PM IST

IndiGo to offer business class seats on select Delhi-Bengaluru flights

Domestic carrier IndiGo on Monday said it will start offering business class seats on select flights to customers on the Delhi-Bengaluru route, starting January 10. Named as Indigo Stretch, the Gurugram-based airline's tailor-made business class product made its debut on the Delhi-Mumbai route last month. All 15 daily flights between Delhi and Bengaluru will be operated with aircraft configured with these business class seats by March next year while by early January 2025, all 20 daily flights between Delhi and Mumbai will have these business class seats, IndiGo said. "In line with our announcement to serve 12 Indian routes with our business class product, IndiGoStretch, we have added Delhi-Bengaluru as our second route. Soon, we will announce IndiGoStretch on flights between Delhi and Chennai," said Pieter Elbers, Chief Executive Officer at IndiGo. Customers booking business class seats on IndiGo can avail of complimentary benefits such as priority check-in, anytime boarding, adva

IndiGo to offer business class seats on select Delhi-Bengaluru flights
Updated On : 10 Dec 2024 | 7:40 PM IST

Expressing regret, IndiGo refunds ticket to passenger who fell on ramp

IndiGo on Thursday expressed deep regret to a passenger who complained that he was hurt after falling on the ramp while getting down from an aircraft at the Delhi airport in August. Full refund of the ticket has also been given to the passenger. The passenger, in a series of posts on X, said on August 14, half way down the ramp, his right foot suddenly slipped on a moist patch and he fell down. Later, he was taken to hospital. Post the incident, the passenger, who came to Delhi from Chennai, said, "I have been unable to walk since mid Aug, with potential full recovery at least a year away." IndiGo said the airline deeply regrets the inconvenience experienced by the passenger during his travel last August. "Our ground staff offered immediate support and helped the customer with medical attention. Both the airport and the IndiGo teams checked right away the equipment and found the ramp dry and in perfect working condition, being used by numerous other passengers without any issue ..

Expressing regret, IndiGo refunds ticket to passenger who fell on ramp
Updated On : 05 Dec 2024 | 10:21 PM IST

Should you buy or sell IndiGo shares after worst airline rankings?

Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.

Should you buy or sell IndiGo shares after worst airline rankings?
Updated On : 05 Dec 2024 | 10:38 AM IST

Consistently scored high on punctuality, says IndiGo; refutes survey result

IndiGo on Wednesday said it has consistently scored high on punctuality, and refuted a survey that claimed the airline is among the worst on the basis of certain parameters, including punctuality. The survey was done by by AirHelp, an EU claim processing agency. It compared the world's biggest and most popular airlines and rated them according to their punctuality, quality of service, and how well they handle claims for compensation. In a statement, IndiGo said the data published in the survey does not report the sample size from India, and neither takes into account the methodology or compensation guidelines used by the global aviation industry "casting a doubt on its credibility". According to the statement, the airline has consistently scored high on punctuality and has the lowest customer complaint ratio for an airline of its size and scale of operations. "As India's most preferred airline, IndiGo refutes the findings of this survey and reiterates its promise of on-time, ...

Consistently scored high on punctuality, says IndiGo; refutes survey result
Updated On : 04 Dec 2024 | 7:18 PM IST

Mahindra names its new electric car BE 6E, and IndiGo decides to sue

IndiGo files a trademark suit against Mahindra Electric over the use of '6E' in its upcoming BE 6E electric car, citing brand dilution and potential consumer confusion

Mahindra names its new electric car BE 6E, and IndiGo decides to sue
Updated On : 03 Dec 2024 | 3:22 PM IST

IndiGo working with govt to extend wet lease of Boeing 777 planes

IndiGo is working with the civil aviation ministry to explore the possibility of extending the wet lease of wide-body Boeing 777 planes from Turkish Airlines as the existing lease period is ending this week. Currently, IndiGo is operating two wet-leased Boeing 777 planes for flights from Delhi and Mumbai to Istanbul. These are also the only two wide-body aircraft that are in the fleet of the airline, which is India's largest carrier with a domestic market share of over 62 per cent. These aircraft were wet-leased to cater to the rising demand for international travel from India. IndiGo started operating its first wide-body Boeing 777 aircraft on the Delhi- Istanbul route from February 1, 2023, and began operating the Boeing 777 plane on the Mumbai-Istanbul route from May 17, 2023. Sources in the know said the airline has not received an extension for continuing with the wet lease of the aircraft. When contacted, an IndiGo spokesperson on Monday told PTI that the airline is "working

IndiGo working with govt to extend wet lease of Boeing 777 planes
Updated On : 11 Nov 2024 | 10:05 PM IST