Page 33 - Latest Updates on IndiGo Airlines

Pain in aviation pack likely to continue; IndiGo remains top analysts' pick

On Wednesday, InterGlobe Aviation, which runs India's largest budget airline IndiGo, reported its first-ever quarterly loss of Rs 6.52 billion since its listing in November 2015.

IndiGo posts Rs 6.52-bn net loss in Q2 as high oil prices, weak rupee weigh

The company said that high fuel prices were responsible for more than half of the decline in earnings

IndiGo drops plan to buy planes, sticks to sale-and-leaseback model

The airline believes it will help to increase liquidity and earn extra income in a volatile fare environment

IndiGo, GoAir ground 9 A320 neos on engine woes; Prabhu seeks report

IndiGo and GoAir have grounded nine A320 neo planes due to Pratt & Whitney engine problems, prompting Civil Aviation Minister Suresh Prabhu to seek a detailed report on the issue from regulator DGCA. The Directorate General of Civil Aviation (DGCA) today also said the engines are being continuously monitored and safety issues are addressed adequately. "At present, there are 60 A320 neos with P&W engines (41 with IndiGo and 19 with GoAir). As on date, 7 with IndiGo and 2 with GoAir are on ground," the regulator said in a statement. These groundings are due to combustor distress found during routine scheduled boroscopic inspection. These are all Block B combustors, it added. This refers to inspection done using a boroscope -- an optical device that is used for inspecting parts that are generally inaccessible. Taking note of the grounding, Prabhu has sought a detailed report on the matter from the DGCA. Security of the passengers is of paramount importance and at no cost the ...

IndiGo to commence flight operations to Kuwait, Abu Dhabi from October

IndiGo will become the first domestic airline to introduce services connecting Port Blair with Hyderabad and Vadodara

IndiGo grounds A320 Neo aircrafts due to non-availability of spare engines

At present, IndiGo has a fleet of more than 170 aircraft, including 40 A320 Neo planes

IndiGo is worst airline stock after profit drops 97% to $4 mn in 3 months

IndiGo, Asia's biggest budget airline by market capitalization, slumped as much as 11.4% earlier, the lowest intraday level since March 16, 2017

InterGlobe Aviation skids 11% on weak June quarter results

The stock dipped 11% to Rs 891, also its 52-week low on the BSE after the company reported a 96% year on year (yoy) decline in net profit at Rs 278 million in June 2018 quarter.

IndiGo Q1 net profit plunges 96% to Rs 278 million, more trouble ahead

After muted June-quarter performance due to cost and pricing pressure, the outlook for seasonally weak second quarter is no different

InterGlobe Aviation down for seventh straight day; hits 52-week low

The stock hit 52-week low of Rs 1,002, falling 11% in past two weeks from Rs 1,122 on July 17, as compared to 1.1% rise in the Sensex.

With 330 passengers on board, two IndiGo planes avert mid-air collision

The vertical separation between the two aircraft was only about 200 feet and a mid-air collision was averted after the TCAS alarms went off

1.2 mn IndiGo seats on sale starting at Rs 1,212; overseas flights included

Bookings under the four-day 'mega anniversary sale' offer begin on Tuesday for a travel period from July 25 to March 30 next year

IndiGo, GoAir find no defects after visual inspections of 50 PW engines

IndiGo and GoAir have carried out "visual inspections" of a total of 50 Pratt & Whitney engines powering their A320 neo aircraft in the last fortnight but no abnormalities were detected, a senior official said today. The visual inspections were done after US regulator FAA issued an airworthiness directive on June 26 to check for possible engine fan hub damage of certain P&W engines. IndiGo and GoAir, operating A320 neo fleet with P&W engines, have been facing engine issues in these aircraft that even forced grounding of many planes. A senior official at the Directorate General of Civil Aviation (DGCA) said no abnormalities were found during visual inspection of a total of 50 affected P&W engines. "In compliance with AD (Airworthiness Directive), IndiGo has carried out one time inspection of 34 affected engines and GoAir carried out inspection on 16 affected engines. "No abnormality has been observed with these engines fitted on A320 neos being operated by Indigo and ...

IndiGo offers bonus to pilots in lieu of leave to counter staff shortage

To tide over the crisis, IndiGo has also dispatched recruiters to Latin America and West Asia - areas where embattled airlines are cutting costs and laying off pilots

Charging less than Rs 10/km, Indian airlines among world's cheapest five

According to the report, four out of the top five cheapest airlines are in Asia

IndiGo suffers engine glitches again, forced to ground two A320 Neo planes

The engine troubles hit budget carrier IndiGo again with the airline forced to ground two of its Airbus A320 Neo planes due to technical glitches, according to a source. The two Pratt & Whitney engine-powered A320 Neo planes were taken out of operations on Friday, the source said. IndiGo, which had to ground 11 A320 Neos between February and March this year due to safety concerns, confirmed that it had pulled out two of its planes from the service. The airline further said that the two planes are back into operations now. Significantly, the airline had earlier this month said all its aircraft, which had been taken out of service following directives of the European aviation safety regulator Easa and India's Directorate General of Civil Aviation (DGCA), were back into flying after the change of engines by the US engine supplier Pratt & Whitney. "IndiGo was forced to ground two A320 Neo planes on Friday due to engine glitches. While one aircraft was grounded at ...

IndiGo plans to order as many as 50 Airbus SE A330 wide-body jets

The carrier aims to take the upgraded A330neo version of the plane, according the people, who asked not to be named as the discussions aren't public

IndiGo flight grounded before departure at Pune airport due to engine snag

Another IndiGo Airbus A320 Neo aircraft with Pratt& Whitney engine was grounded today at the Pune airport prior to its departure for New Delhi due to the oil chip detection in one of its engines, a source said. IndiGo, later, operated the flight with another aircraft but in the process it was delayed by more than four hours, according to the source. When contacted, IndiGo refused to comment on the incident, which came close on the heels of another incident involving its aircraft last week, in which passengers had a close shave after one of the engines of a A320 Neo plane failed midair. After the airline operated its Nagpur-Pune flight, IndiGo was forced to ground the A320 Neo plane due to the oil chip detection in engine-2 of the plane, the source said. The glitch-hit IndiGo plane was scheduled to fly to Delhi from Pune. As the aircraft was not airworthy due to the engine failure, the airline arranged another plane later, an A320, to fly the passengers to their ...

IndiGo expands regional operations, adds 7 new ATR-operated flights

IndiGo's current fleet comprise 155 aircraft -- 151 Airbus A320s and four ATRs

SC denies IndiGo's plea against Delhi HC order to shift from IGI's T1 to T2

The apex court directed the IndiGo Airline to shift its operations partially to T2 in 25 days