Indigo Q2 result: The total income for Q2FY24 came in at Rs 15,503 crore, compared to Rs 12,852 crore year-on-year
The international flights include new routes and the resumption of flights within the airline's network
IndiGo shares were up 0.9% in afternoon trading on Friday
Over 76,000 passengers of budget carrier IndiGo were affected due to the airline cancelling its flights or delaying them by more than two hours in September, while Tata-owned Air India denied boarding to 450 passengers during the month, DGCA data revealed on Thursday. According to the data, India's domestic air passenger traffic grew 29.10 per cent at 1.22 crore in September, against 1.03 crore in the same month of the last year, with IndiGo commanding a whopping 63.4 per cent of the total traffic. Of the total 76,612 total passengers affected, 50,945 passengers were affected after IndiGo cancelled its flights altogether in September, while another 25,667 passengers were affected due to the Gurugram-based budget airline delaying its flights by more than two hours during the month, according to data. At the same time, while it provided alternative flights and full refunds to the passengers affected by flight cancellations, the airline served only refreshments to the passengers for th
India's largest airline wants to be measured against global carriers, but it might want to keep an eye on Air India
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.