IndiGo, which took deliveries of 55 aircraft in 2018, has a 41.5% share of the domestic market but carries only six percent of the country's international passengers
The airline's net profit declined 75 per cent in Q4 on fuel price rise and weak rupee
The delivery of the new jet will help IndiGo introduce flights on the medium-haul routes
The Gurgaon-based no-frills carrier, which enjoys over 40 per cent of the total domestic traffic, had inducted the 100th aircraft on December 24, 2015
A global high-flier, his resume can only be matched by his employer -- Rakesh Gangwal -- among Indian airline executives
No-frills airline IndiGo has been levying charges for web check-in from November 14
The govt had earlier said it was reviewing airlines' decision to charge passengers for seats at random, selected at the time of web check-in
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.
The company said that high fuel prices were responsible for more than half of the decline in earnings
The airline believes it will help to increase liquidity and earn extra income in a volatile fare environment
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 will become the first domestic airline to introduce services connecting Port Blair with Hyderabad and Vadodara
At present, IndiGo has a fleet of more than 170 aircraft, including 40 A320 Neo planes
IndiGo, Asia's biggest budget airline by market capitalization, slumped as much as 11.4% earlier, the lowest intraday level since March 16, 2017
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.
After muted June-quarter performance due to cost and pricing pressure, the outlook for seasonally weak second quarter is no different
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.
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
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 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 ...