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Page 4 - Aviation Indigo

Gangwal, family trust offload 5.7% stake in IndiGo for ₹11,564 crore

Over the past few years, Rakesh Gangwal and his related entities have gradually reduced their stake in IndiGo through multiple block deals

Gangwal, family trust offload 5.7% stake in IndiGo for ₹11,564 crore
Updated On : 28 May 2025 | 12:29 AM IST

IndiGo shares slip 3% after block trade; check likely seller here

IndiGo's stock fell as much as 3.5 per cent after 2.26 crore shares changed hands

IndiGo shares slip 3% after block trade; check likely seller here
Updated On : 27 May 2025 | 10:19 AM IST

IndiGo set for strong gains in FY26 on lower costs, capacity boost

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

IndiGo set for strong gains in FY26 on lower costs, capacity boost
Updated On : 23 May 2025 | 12:00 AM IST

IndiGo Q4 results:Profit jumps 62% to ₹3,068 crore on strong growth

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 Q4 results:Profit jumps 62% to ₹3,068 crore on strong growth
Updated On : 21 May 2025 | 6:37 PM IST

IndiGo issues travel advisory for Goa, warns of flight delays due to rain

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

IndiGo issues travel advisory for Goa, warns of flight delays due to rain
Updated On : 21 May 2025 | 8:44 AM IST

IndiGo, SpiceJet: Aviation stocks fly amid easing tensions between Ind-Pak

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

IndiGo, SpiceJet: Aviation stocks fly amid easing tensions between Ind-Pak
Updated On : 12 May 2025 | 2:59 PM IST

Bajaj Finance, Bharti Airtel, IndiGo, Narayana Hrudayalaya hit record highs

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.

Bajaj Finance, Bharti Airtel, IndiGo, Narayana Hrudayalaya hit record highs
Updated On : 15 Apr 2025 | 11:15 AM IST

Clear sky ahead: IndiGo set to gain further altitude in the long-run

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

Clear sky ahead: IndiGo set to gain further altitude in the long-run
Updated On : 24 Mar 2025 | 11:22 PM IST

Air India launches 'Maharaja Club Points Plus' offer for frequent flyers

As part of this limited-time offer, Maharaja Club members, including newly enrolled participants, can transfer their bank reward points into Maharaja Points

Air India launches 'Maharaja Club Points Plus' offer for frequent flyers
Updated On : 13 Mar 2025 | 6:07 PM IST

DGCA probes tail strike incident involving IndiGo plane at Chennai airport

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.

DGCA probes tail strike incident involving IndiGo plane at Chennai airport
Updated On : 09 Mar 2025 | 8:37 PM IST

IndiGo offers V-Day's sale with up to 50% off, check all discounts here

This offer is valid from February 12 (00:01 hours) to February 16 (23:59 hours) on selected domestic as well as international flights

IndiGo offers V-Day's sale with up to 50% off, check all discounts here
Updated On : 12 Feb 2025 | 3:40 PM IST

Maha Kumbh rush: Prayagraj airfares slashed by 50% after govt intervention

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

Maha Kumbh rush: Prayagraj airfares slashed by 50% after govt intervention
Updated On : 31 Jan 2025 | 9:55 AM IST

IndiGo leads Indian aviation with record 10 million passengers in November

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

IndiGo leads Indian aviation with record 10 million passengers in November
Updated On : 24 Dec 2024 | 2:32 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 | 11:48 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

IndiGo takes Mahindra to court over '6E' branding for electric SUV

India's largest airline, IndiGo, told the court that Mahindra had reached out to them on Monday evening to discuss the issue

IndiGo takes Mahindra to court over '6E' branding for electric SUV
Updated On : 03 Dec 2024 | 9:49 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

Bomb threat on 54 more flights; tally reaches 140 in just over a week

In just over a week, more than 140 domestic and international flights operated by Indian carriers have received bomb threats

Bomb threat on 54 more flights; tally reaches 140 in just over a week
Updated On : 22 Oct 2024 | 4:57 PM IST

IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer

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

IndiGo appoints Isidro Porqueras as COO, succeeding Wolfgang Prock-Schauer
Updated On : 26 Sep 2024 | 9:53 PM IST

IndiGo eyes global expansion with new routes, cargo growth by 2030

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

IndiGo eyes global expansion with new routes, cargo growth by 2030
Updated On : 09 Sep 2024 | 1:04 PM IST