ATF costs are the largest expenditure for Indian carriers, consuming about 45 per cent of their overall revenue
India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. IndiGo is the country's largest carrier with a domestic market share of more than 63 per cent and is also expanding its international operations. The airline connects 32 international and 81 domestic destinations. According to Elbers, India is an incredible and one of the most competitive aviation markets in the world. IndiGo is going through a "maturing phase", he said and stressed on the need for having aviation hubs in India, which is under served. Elbers was speaking at the conference of the All India Management Association (AIMA) in the national capital.
A male passenger onboard an IndiGo flight from the national capital to Chennai tried to open the cover of the emergency exit door prior to take-off on Tuesday night. In a statement on Wednesday, the airline said that as per the standard operating procedure, the passenger was declared unruly by the crew and handed over to the local authorities on arrival at Chennai. The incident happened onboard flight 6E 6341 from Delhi to Chennai. The passenger tried to open the emergency exit door cover prior to take-off. At no point was the safety of the flight compromised, the statement said. Further details could not be immediately ascertained.
It will also conduct a proof-of-concept trial for this system to assess the alertness of pilots over the next few months
Last month, a DGCA official revealed that the aviation regulator was conducting an extensive investigation into two separate incidents involving PW engine malfunctions on IndiGo flights
IndiGo has the largest fleet with 135 planes running on the P&W engines which will be impacted due to safety inspection
The IndiGo flight 6E-2012 which was operating from Madurai to Mumbai landed in its destination once the technical issues were noticed
Captain Manoj Subramanyam (40) fell unconscious in the security hold area of the airport around 12 noon
Offer floor price of Rs 2,400 per share is 6% discount to last closing price
Offer floor price of Rs 2,400 per share is 6% discount to last closing price
IndiGo is the largest customer of the A320 planes and the aircraft are powered by P&W engines
IndiGo's profitability may be affected in the July to September quarter (Q2) of FY24 owing to lower fares in a seasonally weak quarter and higher fuel prices, analysts said
The airline will be rewarding its flight crews following Q1FY24, where they achieved a record net profit of Rs 3,090 crore
IndiGo's total revenue increased by 32 per cent year-on-year (y-o-y) but its total cost decreased by 0.1 per cent at the same time
Aviation regulator DGCA has approved IndiGo's plans to start flight services to Almaty in Kazakhstan. The country's largest airline by domestic market share has embarked on an ambitious international expansion. In February, the carrier announced plans to start direct flights to six overseas destinations -- Nairobi (Kenya), Jakarta (Indonesia), Tbilisi (Georgia), Baku (Azerbaijan), Tashkent (Uzbekistan) and Almaty (Kazakhstan). "DGCA (Directorate General of Civil Aviation) has approved operations of IndiGo from Delhi to Almaty with effect from September 5, 2023," a senior official said on Tuesday. The airline is set to commence the Mumbai-Nairobi route this week.
IndiGo Q1 preview: Besides these two factors, analysts believe, strong passenger traffic growth, coupled with high airfares, would also support the Q1FY24 earnings
So what will the domestic airline market look like going forward?
Aviation regulator DGCA has suspended the flying licences of two IndiGo pilots for violating safety norms as the aircraft they operated suffered a tail strike while landing at the Ahmedabad airport last month, according to a senior official. The senior official at the Directorate General of Civil Aviation (DGCA) on Wednesday said the licence of the Pilot-In-Command (PIC) has been suspended for three months and that of the co-pilot for one month. An IndiGo aircraft operating the Bengaluru-Ahmedabad flight on June 15 had suffered a tail strike while landing at the Ahmedabad airport, following which DGCA had launched a probe into the incident. The regulator had also ordered grounding of the two pilot till investigation into the incident was completed. "On 15.06.2023, an Airbus 321 aircraft was involved in a tail strike while landing at Ahmedabad. DGCA investigation has revealed that the crew carried out the landing in deviation from established SOPs (Standard Operating Procedures)," t
NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any potential impact on its fleet, after a warning from the U.S. engine maker spooked global airlines.
With Pratt & Whitney deciding to inspect around 1,200 engines for certain defects, the country's largest airline IndiGo on Wednesday said it is working closely with the engine maker to assess and minimise any impact on its fleet. IndiGo is the largest customer of the A320 planes and the aircraft are powered by P&W engines. Besides, grounded carrier Go First's A320 neo fleet are having P&W engines. In mounting woes for the US-based P&W, which is already grappling with supply chain issues, the company has found that a rare condition in powdered metal used to manufacture certain engine parts may reduce the life of those parts. Against this backdrop, P&W has decided to carry out enhanced inspection of around 200 of its engines powering Airbus planes by September. "We are in receipt of the information from the OEM Pratt and Whitney (P&W) regarding the outcome of the latest inspection of their engine. We are working closely with P&W to assess and minimise any ...