Page 10 - Indigo

IndiGo to be 1st airline to commence operations from Navi Mumbai airport

IndiGo will launch services at Navi Mumbai airport with 18 flights to 15 cities and scale up to 200 air traffic movements a day by March 2026 including international flights

IndiGo appoints Ton Dortmans to lead A350 service, MRO growth plans

Ton Dortmans to join IndiGo in August 2025 to support A350 technical entry and expand MRO capabilities. Vikram Singh Mehta appointed new chairman as Venkataramani Sumantran steps down after five years

IndiGo appoints former IAS officer Vikram Singh Mehta as new chairman

Vikram Singh Mehta will succeed IndiGo's Venkataramani Sumantran, who took charge of the low-cost carrier as chairman three years ago

Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for Rs 11,385 crore

InterGlobe Aviation promoter Rakesh Gangwal and his family trust on Tuesday sold a 5.7 per cent stake in the airline for about Rs 11,385 crore (USD 1.33 billion) through a block deal, according to sources. Apart from Gangwal, the Chinkerpoo Family Trust, whose trustees are Shobha Gangwal and JP Morgan Trust Company of Delaware, has also participated in the transaction for divesting its stake in IndiGo, the country's largest airline, the sources said. Investment banking firms Goldman Sachs (India) Securities Pvt Ltd, Morgan Stanley India Company and J P Morgan India are the placement agents for the stake sale, they added. Before the latest transaction, Gangwal and the family trust together owned about 13.5 per cent in IndiGo. As per the latest block deal, up to 2.2 crore equity shares were sold at a floor price of Rs 5,175 per share, as per the updated term sheet seen by PTI. The total number of shares has been raised from the initial 13.2 million shares (1.32 crore shares) worth .

IndiGo shares slip 3% after block trade; check likely seller here

IndiGo's stock fell as much as 3.5 per cent after 2.26 crore shares changed hands

Mumbai on red alert as IMD predicts heavy rainfall; IndiGo issues advisory

Mumbai logged record May rainfall of 295 mm as the early southwest monsoon shatters seven-decade records; airlines warn of travel delays due to flooding

Stocks to Watch, May 27: Aurobindo Pharma, Nazara Tech, IndiGo, Lupin, TCS

Stocks to Watch on Tuesday: Aurobindo Pharma, Nazara Tech, IndiGo, Lupin, TCS, PG Electroplast and Sagility India are among the stocks to watch today, May 27, 2025

IndiGo co-founder to sell part of stake in deal worth $800 mn: Report

The airline did not immediately respond to a request for comment. IndiGo was founded in 2006 by Gangwal and Rahul Bhatia

Trump's tariff threat to Apple, Indigo denied deviation, Operation Sindoor delegation & Harvard

The US Department of Homeland Security has revoked Harvard University's certification to host international students, potentially displacing over 6,800 students, including nearly 800 from India.

IndiGo set for strong gains in FY26 on lower costs, capacity boost

While IndiGo posted a strong Q4 and has promising FY26 prospects due to falling fuel costs and capacity gains, Q1 may face pressure from geopolitical disruptions

IndiGo Q4 results: Profit rises 62% on Mahakumbh demand, cost controls

Q4 profit rises to Rs 3,068 crore as travel demand surges; IndiGo trims grounded fleet and adds capacity, set to launch long-haul service to Manchester in July

IndiGo says Delhi-Srinagar flight encountered sudden hailstorm

IndiGo on Wednesday said its flight from the national capital to Srinagar encountered sudden hailstorm on Wednesday and the plane landed safely at the Srinagar airport. Officials said the flight, carrying more than 220 people, faced turbulence, prompting the pilot to report the "emergency" to air traffic control at Srinagar. "IndiGo flight 6E 2142 operating from Delhi to Srinagar encountered sudden hailstorm en route. The flight and cabin crew followed established protocol and the aircraft landed safely in Srinagar," the airline said in a statement. According to IndiGo, the airport team attended to the customers after arrival of the aircraft, prioritising their wellbeing and comfort. "The aircraft will be released post necessary inspection and maintenance," it added.

IndiGo Q4 results:Profit jumps 62% to ₹3,068 crore on strong growth

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Wednesday posted a 62 per cent rise in profit after tax of Rs 3,067.5 crore for the quarter ended March 2025. In the year-ago period, the profit after tax stood at Rs 1,894.8 crore, according to a release. Total income rose to Rs 23,097.5 crore in the fourth quarter of the 2024-25 financial year from Rs 18,505.1 crore in the same period a year ago. At a briefing about the results, IndiGo CEO Pieter Elbers said the airline carried 118 million passengers in 2024-25. The company's board has recommended a dividend of Rs 10 per equity share of the face value of Rs 10. Shares of the company rose marginally to close at Rs 5,448 apiece on the BSE. The airline has a fleet of over 400 planes and operates more than 2,200 daily flights connecting domestic and international destinations.

IndiGo Q4 results: Net profit soars 62% to ₹3,067 crore, dividend declared

IndiGo Q4 FY25 result: Interglobe Aviation's board has recommended a dividend of ₹10 per equity share

Q4 results today: IndiGo, IndusInd Bank, ONGC on May 21; see full list

Q4 FY25 company results today: Colgate Palmolive, Power Finance Corp, RVNL will be among more than 120 companies to post earnings reports for the January-March quarter on May 21

IndiGo issues travel advisory for Goa, warns of flight delays due to rain

IndiGo Airlines advised passengers to stay informed by regularly checking their flight status and to plan for extra travel time due to possible weather-related delays and traffic disruptions

IndiGo to announce Q4 results, dividend on May 21; here's what to expect

IndiGo Q4 results 2025: Analysts predict InterGlobe Aviation-run IndiGo to report robust revenue growth on higher passenger load factor and better yields.

Air India denies asking govt to block Indigo deal with Turkish Airlines

Air India urges Indian government to block IndiGo's aircraft leasing deal with Turkish Airlines, citing national security risks and negative impact on India's aviation sector and business

India revokes Çelebi's security clearance amid tensions with Türkiye

BCAS revokes Celebi's security clearance citing national security; DIAL ends contracts, IndiGo defends Turkish Airlines codeshare, Adani terminates DragonPass deal

These 3 technical factors working in favour of these 5 stks; how to trade?

BSE, IndiGo, BHEL, Aarti Industries and Jindal Stainless are likely to trade with a favourable bias in the near-term owing to these 3 favourable factors on charts and derivatives market.