Page 25 - Latest Updates on IndiGo Airlines

IndiGo plans to raise Rs 3,500-4,000 cr as air travel takes a severe hit

Passenger numbers yesterday dropped below 100,000 for the first time since September

IndiGo to acquire four A321ceo planes, convert them into freighter aircraft

The airline is expected to take the delivery of its first plane in the first half of 2022

IndiGo waives-off change fees on domestic bookings made from April 17-30

The airline also announced that the passengers can now do unlimited changes for new bookings made till April 30 on regular fares under this offer

IndiGo CEO Ronojoy Dutta gets stock worth Rs 14 core through ESOP

This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December

IndiGo to start 22 new flights from March 28 onwards across India

IndiGo on Thursday said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.

IndiGo to start Agra-Bengaluru flight to bolster regional connectivity

The airline will connect Agra to Bengaluru and Bhopal through direct flights under the RCS scheme from March 28

IndiGo recovering from Covid-19 induced aviation 'carnage' and may rehire

IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown

Indigo to reach 80% of regular domestic capacity by end of December

International flights are restricted and being run as charter operations.

IndiGo reaches 70% of its pre-Covid capacity, operating 1,000 daily flights

India resumed domestic passenger flights on May 25 after a gap of two months due to the coronavirus-triggered lockdown.

What aviation gloom? IndiGo prepares a mega order of 150 aircraft engines

Operated by InterGlobe Aviation Ltd., IndiGo is the world's biggest customer for jets in the A320neo family, with as many as 730 on order

InterGlobe Aviation Q2 loss widens to Rs 1,194 cr; revenue declines 64.5%

InterGlobe Aviation which operates the country's largest airline, IndiGo, saw its revenue decline 64.5 per cent year on year to Rs 3029 crore in the September-end quarter

IndiGo bucks trend, pays performance-linked bonus to lowest-rung staff

Airline had resorted to pay cuts and had laid off 10% staff when the going was tough; The incentives, withheld earlier, are being given to those with basic pay of up to Rs 50,000

Airlines in India seek $1.5 bn in interest-free credit line, says govt

Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.

Indigo shares gain as analysts upgrade stock from 'sell' to 'buy'

The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22

IndiGo operated over 800 international charter flights in last 3 months

IndiGo on Wednesday said it operated more than 800 international charter flights during the last three months to repatriate 1.5 lakh passengers.

IndiGo to deliberate on raising of funds as company posts highest loss

The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21

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IndiGo to report June quarter result today; here's what analysts expect

Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs

IndiGo to cut 10% workforce to control impact of Covid-19 pandemic

The airline with more than 50 percent market share is one of the largest job creators in the Indian aviation industry due to its size

Covid-19 impact: IndiGo to lay off 10% of its workforce, says CEO

From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, said CEO Dutta