IndiGo doesn't want Air India's debt but yearns for its international operations
Selling Air India's businesses separately makes sense for IndiGo, but it may cap earnings for govt
Integration of multiple aircraft, employee and maintenance costs would be key challenges
Aditya Ghosh took a daring step while expressing interest in acquiring the debt-laden AI
All 174 passengers have been safely evacuated
IndiGo is keen on snapping up the international operations of Air India as well as Air India Express
The govt on Wednesday gave in-principle approval for disinvesting stake 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
Ramesh Chand arrested for sexual harassment under Article 345A of Indian Penal Code
The stock gained 4.4% to Rs 1,206 on BSE in intra-day trade.
IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations
According to the petitioner, while all other airlines have stopped spraying of pesticides
Lumba, a former pilot, was instrumental in setting up IndiGo's operations in 2005
Regulatory authorities were seized of the matter
Total non-operating income for the quarter was around Rs 443 cr
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 ..
Carrier to vie with SpiceJet, Jet Air, to buy fifty ATR-72 to cater to smaller towns on aviation map
If completed, the IndiGo plane deal would mark the biggest order for ATR in at least a decade
This promotional fare commences from May 8 and will end on May 10
The Airlines later released a statement asserting that no injury was reported in the incident