Page 36 - Latest Updates on IndiGo Airlines

Why IndiGo is betting on low fare for long-haul

IndiGo is eager to take its pared-down model to UK, Europe, though carriers have stayed away

Now, fly to Doha, Mumbai from Calicut airport in IndiGo, Jet Airways

Calicut is connected with Bengaluru, Chennai, Kochi, Mumbai, Thiruvananthapuram, Delhi via Mumbai

Equity MFs press exit button on IndiGo despite spike in passenger growth

Several top fund managers have exited the counter of InterGlobe Aviation, which operates the country's largest airline by market share, IndiGo. Put together, fund mangers sold shares worth Rs 120 crore of IndiGo in June. This came even as the airline recorded the fastest domestic passenger growth rate, of 26 per cent.HDFC Mutual Fund, UTI MF and DSP BlackRock MF completely liquidated their holdings in IndiGo in June, amid its shares trading near record levels. On Friday, shares of IndiGo closed at Rs 1,241.7, around four cent below its one-year high of Rs 1,292, touched earlier this month."We have been investors in the company since its listing. Most of our schemes have benefited from a good rally in the counter. So, it was a profit-booking exercise, on the back of a not-favourable outlook for the aviation sector this year. However, what triggered selling was a sudden interest shown by the company in Air India," said a fund manager.Adding: "IndiGo continues to be the best bet for ...

24 global destinations: Can IndiGo digest Air India's international operations?

IndiGo doesn't want Air India's debt but yearns for its international operations

IndiGo will strike gold if Air India's global business is sold separately

Selling Air India's businesses separately makes sense for IndiGo, but it may cap earnings for govt

IndiGo's global ambition hinges on execution

Integration of multiple aircraft, employee and maintenance costs would be key challenges

IndiGo's interest in Air India confuses rivals and investors, stock down

Aditya Ghosh took a daring step while expressing interest in acquiring the debt-laden AI

IndiGo aircraft's engine fails while taxiing at Patna airport

All 174 passengers have been safely evacuated

Will not chase Air India if not profitable: IndiGo president tells staff

IndiGo is keen on snapping up the international operations of Air India as well as Air India Express

We want Air India's overseas ops:Full text of IndiGo prez's letter to staff

The govt on Wednesday gave in-principle approval for disinvesting stake in Air India

InterGlobe Aviation falls 7% after IndiGo shows interest in Air India

The stock was down nearly 5% to Rs 1,179, falling 7% from its 52-wk high of Rs 1,273 hit on Thursday

Man arrested for harassing woman, masturbating mid-air in Delhi-bound IndiGo flight

Ramesh Chand arrested for sexual harassment under Article 345A of Indian Penal Code

InterGlobe Aviation hits 17-month high

The stock gained 4.4% to Rs 1,206 on BSE in intra-day trade.

Fly IndiGo, SpiceJet at prices as low as Rs 899; find full fare list here

IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations

Indigo Airlines moves NGT against ban on in-flight disinfectant fumigation

According to the petitioner, while all other airlines have stopped spraying of pesticides

Shakti Lumba rejects IndiGo offer to head ATR operations on health grounds

Lumba, a former pilot, was instrumental in setting up IndiGo's operations in 2005

Air India subsidiary accuses IndiGo of poaching pilots with 'open offers'

Regulatory authorities were seized of the matter

Non-core income props up IndiGo's numbers

Total non-operating income for the quarter was around Rs 443 cr

IndiGo to use ATR planes in a hub and spoke model

IndiGo plans to use ATR-72 planes to feed its mainline network in a hub and spoke model.On Tuesday IndiGo announced a provisional order for 50 ATR-72 planes valued at $ 1.3 billion at list prices. This is the second largest order of ATR-72 planes till date-the previous record order was from American Eagle airlines for 100 ATR-72 (50 firm plus 50 options) in 1990.IndiGo expects deliveries to commence from 2017-end and will operate the aircraft on routes under regional connectivity scheme (RCS) and also other high demand short routes which are not a part of the scheme.IndiGo is yet to disclose whether it will participate in the second round of bidding for RCS routes which takes place in three months. According to aviation sources IndiGo is evaluating a number of destinations for its ATR aircraft and these include high demand destinations such as Dharamsala and Tirupati which are now served by rival airlines. Other options include routes in North East and Chennai-Colombo route which is ..

IndiGo to enter regional aviation, fly smaller planes to hinterland

Carrier to vie with SpiceJet, Jet Air, to buy fifty ATR-72 to cater to smaller towns on aviation map