Page 11 - Airline Indigo

Airlines fail to gain from fuel price cut, may post $600 mn loss in FY20

The financial projections are based on the assumptions that oil prices are in the range of $60-65 per barrel, exchange rate is Rs 70-72 against USD and that airlines maintain pricing discipline.

IndiGo's Delhi-Hyderabad flight suffers technical issue, returns to capital

Taking the precautionary message, pilot followed the laid standard operating procedure.

Concerns over Pratt and Whitney engines sees IndiGo cut capacity forecast

The previous forecast was 22 per cent for the third quarter of FY20 and 25 per cent for FY20

IndiGo declines 4% after DGCA asks airline to replace faulty engines

Last month, DGCA had asked the airline to change engines on 16 of its Airbus A320neos, following three instances of aircraft turning back within a span of 4 days.

Top biz headlines today: SC Maharashtra order, Zee chairman quits & more

From DGCA directing IndiGo to replace unmodified P&W engines to Karvy denying fund abuse charges, here are the top headlines of the day.

Qatar Air interested in buying stake in IndiGo, not Air India, says CEO

"No! We are not interested in Air India," Akbar Al-Baker, CEO of Qatar Airways, replied to a question on the airline's interest in Air India

IndiGo launches brand campaign to boost its international flights

The campaign will run across out-of-home, print and IndiGo's social media platforms from November 3 from November 17.

IndiGo shares gain most since 2016 on $30-bn Airbus aircraft order

The stock is still below a record high of 1,898.85 rupees ($26.76) hit on Sept. 30, after slipping through October

In one of its biggest deals, Airbus bags $30-bn IndiGo order for 300 jets

The deal marks the latest victory for Airbus as rival Boeing reels from the idling of its 737 Max after two fatal crashes in five months

Change engines of 16 A320Neo within 15 days or face action: DGCA to IndiGo

IndiGo has a fleet of 245 planes including 89 A320Neo aircraft

India's 'go slow' on Turkey, Malaysia ties likely to affect IndiGo, AirAsia

Turkish Airline has a code-share pact with IndiGo, AirAsia owns 49% in AirAsia India

Rakesh Gangwal skips IndiGo AGM, Rahul Bhatia says 'main hoon na'

At Tuesday's AGM, neither Gangwal nor independent director Anupam Khanna were present. Both had raised questions about the company's corporate governance

IndiGo dips 5% as Gangwal alleges 'loophole' in proposed board structure

In the letter, Gangwal has alleged that "the proposed (new) board structure created a large loophole that gives the IGE Group additional powers that they don't have today."

Sebi likely to summon board members, executives in IndiGo promoters' tussle

An official said the corporate affairs ministry would be seeking a "para-wise comments" from the company on Gangwal's complaint and would also be looking at the related party transactions

Indigo, SpiceJet, Jet Airways: Here's how you can trade in airline stocks

Spice Jet, if breaches Rs 110, then may see Rs 90 and Rs 84 in the near future