Page 6 - Airline Indigo

IndiGo to start flights to Bali, Medina this fiscal: Pieter Elbers

IndiGo plans to start flights to Bali and Medina in the current fiscal as the airline continues to expand its network, its chief Pieter Elbers said on Monday. The airline is "well on track" to achieve the target of carrying 100 million passengers this financial year, he told reporters here. In the September quarter, which also saw the carrier posting a net profit of Rs 189 crore, it carried 26 million passengers. "We will continue our internationalisation," Elbers said and added that currently, the airline operates around 500 routes, including 100 international ones. The airline CEO said it plans to start flights to Bali (Indonesia) and Medina (Saudi Arabia) in the current financial year. The current fiscal ends on March 31, 2024. The airline has around 970 planes on order.

After 5 years, IndiGo's bottom line flashes green for September quarter

Flags more aircraft groundings from Q4 over new PW engine issue

P&W engine issues to lead to more aircraft grounding in March qtr: IndiGo

The country's largest airline IndiGo on Friday said there will be more grounding of aircraft due to the Pratt & Whitney engine issues in the fourth quarter and is taking a range of mitigating measures. Currently, around 40 planes of the airline are grounded due to the engine issues, according to a senior airline official. IndiGo, which had a fleet of 334 aircraft at the end of September, is taking various measures, including taking planes on wet lease, retaining ceo aircraft and also leasing additional ceo planes from the secondary market. Against the backdrop of powder metal issues flagged by P&W, IndiGo's Chief Financial Officer Gaurav M Negi said globally, the airline understands that a large number of incremental engines are being removed for shop visits between 2023 and 2026, and a majority of incremental engine removals are planned for 2023 and early 2024. "Our current estimate is that these accelerated inspections and incremental shop visits will further adversely ...

DGCA approves wet lease for domestic carriers to meet festive season demand

IndiGo and SpiceJet are likely to wet-lease 20 aircraft. While IndiGo will source 11 Airbus A320 aircraft from SmartLynx Airline, SpiceJet will induct nine Boeing 737Max aircraft from Corendon Airline

Resignations have no impact on expansion, more pilots joining: Akasa CEO

Promoted by family of the late investor Rakesh Jhunjhunwala, Akasa is planning to add more aircraft to its fleet and take it to 28 by March 2024 and add 10-12 planes every year for the next few years

IndiGo to lease 22 aircraft to overcome impact of P&W engine snags: Report

IndiGo has the largest fleet with 135 planes running on the P&W engines which will be impacted due to safety inspection

DGCA approves IndiGo's Delhi-Tashkent direct flight starting Sept 6

A senior DGCA official informed that IndiGo has been given approval to operate between Delhi and Tashkent four days a week

Stocks to Watch today, Aug 16: IndiGo, ITC, SBFC, Infy, Voda Idea, M&M, Zee

Stocks to watch on August 16, 2023: Shares of IndiGo are likely to be in focus amid reports of a likely stake sale by the co-founders Gangwal family on Wednesday.

Gangwal family likely to sell IndiGo stake worth Rs 3,730 cr via block deal

Offer floor price of Rs 2,400 per share is 6% discount to last closing price

After a string of tail strike incidents, IndiGo modifies procedures

IndiGo saw four incidents from January to June when the tail of an aircraft hit the ground during the landing or take-off

DGCA imposes penalty of Rs 30 lakh on IndiGo for tail strike incidents

The DGCA conducted a special audit of IndiGo to examine the company's documentation and procedures pertaining to operations, training, and flight data management programme

Indigo honours PVC awardee Subedar Major Sanjay Kumar on Pune-bound flight

In the video on Twitter, Captain Edsel could be seen welcoming Kumar onboard and shared how he has fought a battle on the borders

Early to talk Air India-IndiGo duopoly: Akasa co-founder Praveen Iyer

On the issue of airfares, he said that April, May and June are traditionally the peak months for the Indian aviation industry

IndiGo air hostess offers bunch of chocolates to Dhoni, video viral

In a viral video, an IndiGo air hostess offered a bunch of chocolates to Indian cricket legend Mahendra Singh Dhoni. Dhoni spotted playing Candy Crush on the plane

Limits in the sky

IndiGo and AI's giant purchases raise questions for Indian aviation

World's largest commercial jet purchase orders by number of aircraft

IndiGo on Monday placed an order for 500 Airbus narrowbody jets, the largest ever plane deal by number of aircraft, overtaking an earlier deal by rival Air India that was firmed up on Tuesday

As Indigo buys 500 aircraft, a look at how carriers finance their wishlist

Before this, Tata Group-owned Air India had placed an order for 470 aircraft

IndiGo orders 500 Airbus A320 aircraft; largest order in aviation history

With this new order, since its inception in 2006, IndiGo has ordered a total of 1,330 aircraft with Airbus

India's newest airline Akasa Air looking to raise $75-100 mn for expansion

To raise the money, Akasa Air has approached potential investors which include PE firms and high-net-worth individuals

Indigo Kolkata-Delhi flight grounded at IGI airport after tail strike

According to a statement by the flight regulator, the IndiGo aircraft was involved in a tail strike during landing in Delhi on June 11