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 ...
The structural changes are aimed at putting performance and productivity at the centre of Air India's operations
The carrier had earlier this month placed an order for 500 A320 family aircraft, which will be delivered between 2030 and 2035. It is the world's largest single-tranche aircraft order
In a similar incident on June 11, an IndiGo Amritsar-Ahmedabad flight entered Pakistani airspace for around 30 minutes due to bad weather
What are the implications of IndiGo's 500 plane order? Is free power to households hurting industry? Is it time to diversify to global markets? What is Gift Nifty index? Answers here
The airline's highest capacity addition till date happened in FY19 and FY20, a period that also saw Jet Airways closing down in April 2019
Closing Bell on June 20, 2023: Afternoon buying in Tata Motors, HCL Tech, Kotak Bank, RIL, Power Grid, Infosys, L&T, Axis Bank, TCS, and Tech M lifted the indices
Technical chart of InterGlobe Aviation appears promising, with price action heading towards Rs 2,800. SpiceJet remains underperformer.
The 500-jet Airbus purchase unveiled by IndiGo extends the backlog at India's largest carrier to about 1,000 undelivered aircraft
'We're securing our future… by placing this order, we have a planning horizon of over 10 years'
The airline did not place any order for wide-bodied aircraft
Airfares in India shot up last month as the demand for travel increased and simultaneously half of Go First's fleet was grounded due to a disruption in the supply of Pratt & Whitney jet engines
According to a statement by the flight regulator, the IndiGo aircraft was involved in a tail strike during landing in Delhi on June 11
Network expansion comes amid a surge in international travel, and in the backdrop of aviation minister Jyotiraditya Scindia's call to Indian carriers to expand overseas
An Indigo aircraft caused panic among passengers on Monday night when the flight abruptly took off within seconds of landing, this may be the first time the airline has done so
Reports suggest that a parliamentary panel has summoned private airlines to discuss rising airfares