Page 29 - Latest Updates on IndiGo Airlines

IndiGo dips 8% on biggest quarterly loss in Q2; brokerages cut target price

With marginal improvement seen in Q3 dampened by the economic slowdown and weak demand, brokerages have slashed target prices

IndiGo flies deep into red with Rs 1,031 cr pre-tax loss in Sept quarter

The airline will continue to make provision for aircraft maintenance for the next two quarters

InterGlobe Aviation posts Rs 1,062 crore loss in Q2 on higher costs

According to a release, InterGlobe Aviation's total income rose 31 per cent to Rs 8,539.8 crore in the second quarter of the current fiscal

IndiGo Q2 preview: Rupee depreciation may dent EBITDAR margin

Analysts at Prabhudas Lilladher, however, expect a higher revenue at Rs 8,364.7 crore, up 35.2 per cent YoY, on the back of increased international operation

China key focus for IndiGo as it looks to expand international network

IndiGo has launched services to four destinations in China and Vietnam in the last month alone

DGCA suspends flying licences of two IndiGo pilots for runway incursion

A senior DGCA official said the licences have been suspended for three months starting from September 3

Corporate tax cut, lower costs may take IndiGo out of air bubble

Change in board structure positive; consensus on RPT policy key factor

IndiGo's 3 pilots, 2 engineers grounded for not reporting engine vibrations

On August 30, the aviation regulator had said it was keeping a tab on the issues related to the PW engines in the Airbus A320neo planes and that it would act when warranted

IndiGo passengers 'forced' to sit in stranded flight: DGCA to probe

IndiGo's operations at the city airport were hit hard with the carrier cancelling many flights on Wednesday following incessant rains in the city

IndiGo's Rakesh Gangwal says he will support resolution on expanding board

Resolution will come up for approval at the company's AGM on Tuesday

IndiGo and SpiceJet to shift operations to Delhi's terminal 3 from Sept 5

SpiceJet will shift its operations entirely while IndiGo will move partially from T2 to T3. Delhi International Airport Limited said, it is carrying out expansion work at T2

Plane carrying Gadkari, 158 others returns to bay after 'caution alert'

The aircraft returned to bay for requisite checks after the pilot observed a 'momentary caution message', the airline said

Bhatia vs Gangwal: IndiGo promoters line up for meeting Sebi's Ajay Tyagi

Sebi has been probing the matter since the differences between the two promoters surfaced recently over certain related-party transactions

Gangwal's fear over Bhatia's group does no credit to directors: Damodaran

The differences between the two promoters came into the public view after Gangwal, last month, sought markets regulator Sebi's intervention to address alleged corporate governance issues at the firm

IndiGo spat resurfaces, Gangwal says he won't vote to expand board

Gangwal, his family and his family trust together own about 37% of the shares in the airline

Don't hide behind 'unnamed sources', says Gangwal as IndiGo row continues

Gangwal and Rahul Bhatia -- promoters of the country's largest airline IndiGo -- are locked in a bitter battle over alleged corporate governance lapses

In fight for IndiGo, Bhatia appears to have pushed out partner Gangwal

Gangwal's decisions are being overturned as partner Rahul Bhatia tries to make IndiGo his own

IndiGo Airlines wants to bid for grounded Jet Airways' assets and slots

Jet assets include three B737 planes, 49.9% stake in Jet Privilege, and slots across domestic and international airports

IndiGo chairman brokers truce between Gangwal and Bhatia: Reports

The board of InterGlobe Aviation has approved a new policy on related party transactions

IndiGo board approves new policy on related party transactions: Report

Sources said the policy on related party transactions (RPTs) was approved by the board unanimously