Over the past few years, Rakesh Gangwal and his related entities have gradually reduced their stake in IndiGo through multiple block deals
IndiGo's stock fell as much as 3.5 per cent after 2.26 crore shares changed hands
While IndiGo posted a strong Q4 and has promising FY26 prospects due to falling fuel costs and capacity gains, Q1 may face pressure from geopolitical disruptions
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted a 62 per cent rise in profit after tax of Rs 3,067.5 crore for the quarter ended March 2025. In the year-ago period, the profit after tax stood at Rs 1,894.8 crore, according to a release. Total income rose to Rs 23,097.5 crore in the fourth quarter of the 2024-25 financial year from Rs 18,505.1 crore in the same period a year ago. At a briefing about the results, IndiGo CEO Pieter Elbers said the airline carried 118 million passengers in 2024-25. The company's board has recommended a dividend of Rs 10 per equity share of the face value of Rs 10. Shares of the company rose marginally to close at Rs 5,448 apiece on the BSE. The airline has a fleet of over 400 planes and operates more than 2,200 daily flights connecting domestic and international destinations.
IndiGo Airlines advised passengers to stay informed by regularly checking their flight status and to plan for extra travel time due to possible weather-related delays and traffic disruptions
At 10:43 AM, shares of InterGlobe Aviation or IndiGo jumped 7.28 per cent to ₹5471.35 per share and SpiceJet gained 7.76 per cent to ₹46.53 per share on BSE
Shares of Airtel hit a record high of ₹1,818, as they soared 3.5% in intra-day trade, surpassing its previous high of ₹1,778.95 touched on September 26, 2024.
IndiGo leads with its operational metrics, including on-time performance, aircraft utilisation, and cost efficiencies such as a fuel-efficient fleet and streamlined network optimisation
As part of this limited-time offer, Maharaja Club members, including newly enrolled participants, can transfer their bank reward points into Maharaja Points
Aviation watchdog DGCA is probing a tail strike incident involving an IndiGo A321 aircraft at the Chennai airport on March 8, according to a senior official. IndiGo on Sunday said an Airbus A321 aircraft tail touched the runway during landing at Chennai airport. "The aircraft is grounded and will be back in operations post necessary repairs and clearance," the airline said in a statement. The senior official at the Directorate General of Civil Aviation (DGCA) said it is probing the incident. Further details could not be immediately ascertained. IndiGo also regretted the inconvenience caused to passengers due to subsequent cancellations following the grounding of the aircraft.
This offer is valid from February 12 (00:01 hours) to February 16 (23:59 hours) on selected domestic as well as international flights
Prayagraj airfares drop 50 per cent after DGCA directive; airlines add more flights for Maha Kumbh 2025 as demand surges, ensuring better connectivity for millions of pilgrims
Indian aviation achieved record-breaking traffic in November, with IndiGo flying over 10 million passengers, Air India crossing 30 lakh, and Akasa Air recording its best month yet
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 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, ...
India's largest airline, IndiGo, told the court that Mahindra had reached out to them on Monday evening to discuss the issue
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
In just over a week, more than 140 domestic and international flights operated by Indian carriers have received bomb threats
Outgoing COO Prock-Schauer is retiring after leading the airline's operations for over seven years. He is one of the longest serving expats in Indian aviation who has previously led operations in now
The budget-carrier is planning to double the airline's international destinations to 40 by March 2025, with a focus on untapped markets for Indian travellers