This growth will boost Indian airlines' share of the Asia-Pacific passenger fleet from the current 8 per cent to 18 per cent by 2043, according to a Cirium report
IndiGo airline on Friday announced a number of new flights and resumption of operations in its winter schedule to bolster connectivity to eastern and northeastern India. The airline announced additional frequencies on the Kolkata-Bangkok route. The new frequencies will operate on Tuesdays, Wednesdays, Fridays, and Sundays, starting from November 24, the airline said in a statement. With the new frequencies, the airline will have 11 weekly flights to Bangkok, sources in the airline said. The airline also announced new direct flights between Guwahati and Dimapur, and resumption of operations between Guwahati and Ahmedabad, operating daily from December 10. An IndiGo statement also said that from October 29, the airline has begun maiden direct flights connecting Agartala and Dibrugarh. The tri-weekly flights operate on Tuesdays, Thursdays, and Saturdays. According to the statement, these operations will bolster domestic connectivity and provide business and leisure travellers with ..
Billionaire and IndiGo co-founder Rakesh Gangwal has been appointed as the Chairman of American carrier Southwest Airlines. Gangwal, who joined the board of Southwest in July this year, had also acquired shares worth USD 108 million of the airline recently. His appointment as the board chair comes a little over a week after Southwest settled issues with Elliott Investment Management, one of the airline's largest shareholders, that had sought sweeping changes at the carrier. On Monday, Southwest announced the appointment of Gangwal as the independent Chair of the Board of Directors and also named new Board Committee Chairs. "We are embarking on the next era of change at Southwest as we build upon its many successes and storied past. Our critical priority as a newly constituted board is to come together to work closely with Bob Jordan and the rest of the management team to return the carrier to superior financial performance," Gangwal said in a statement. Jordan is the President, Chi
"We've turned the corner," Chief Executive Officer Pieter Elbers said in an interview with Bloomberg Television on Tuesday
Near-term outlook remains challenging as supply outpaces demand
Aircraft groundings peaked to 'mid-70s' but situation is easing
India and China have begun troop disengagement at Demchok and Depsang regions in eastern Ladakh and the process is likely to be completed by October 28-29.
The country's largest airline IndiGo on Friday reported a net loss of Rs 986.7 crore in the three months ended September, impacted by grounding of planes and higher fuel costs. The carrier had a profit of Rs 188.9 crore in the year-ago period, according to a release. IndiGo CEO Pieter Elbers said the airline's growth and expansion continued as the topline grew by 14.6 per cent on a year-on-year basis in the September quarter to Rs 17,800 crore. "In a traditionally weaker second quarter, results were further impacted by headwinds related to groundings and fuel costs. We have turned the corner as the number of grounded aircraft and associated costs have started reducing," he said. In the second quarter of this fiscal, the airline's fuel costs climbed 12.8 per cent to Rs 6,605.2 crore.
Q2FY25 company results: Bharat Petroleum, Hindustan Petroleum, Bharat Electronics, and Zee Media are among 148 companies to release their quarter earnings report on October 25
IndiGo share price: Analysts, however, are divided on IndiGo's earnings for the quarter amid likely hit on volumes due to Delhi Airport roof collapse case and marginally higher fuel prices
When Afghan airspace officials were notified of the 'non-specific' bomb threat, they refused permission for the Vistara flight to pass through
These false bomb threats have caused significant financial losses for airlines, estimated in crores
A Riyadh-Mumbai flight of IndiGo was diverted to Muscat following a "security alert" on Wednesday morning and it landed safely, the airline said here. The aircraft is currently grounded in Muscat, IndiGo said in a statement. Notably, several flights have received threats that turned out to be hoax in the last few days. "Flight 6E 74, operating from Riyadh to Mumbai, was redirected to Muscat due to a security-related alert. The aircraft has been isolated, and all passengers have been safely disembarked," the airline statement said. It did not reveal the number of passengers and crew on board or other details. "Ensuring the safety and security of our customers and crew remains paramount in all facets of our operations. We are working closely with the relevant authorities, and standard operating procedures are being followed," IndiGo said.
Akasa Air and IndiGo flights diverted amid bomb threats; security drills underway at multiple airports as authorities respond to rising aviation threats in India
A Delhi-bound IndiGo aircraft from Mumbai was diverted to Ahmedabad after receiving a bomb threat, which later turned out to be a hoax, an official said on Wednesday. Soon after the flight took-off from Mumbai on Tuesday night, an unidentified person, through a tweet, claimed a bomb had been placed in the aircraft which was carrying nearly 200 passengers and crew, the official from the Sardar Vallabhbhai Patel International Airport here said. After being alerted by the Mumbai ATC, the pilots decided to make an emergency landing at Ahmedabad airport, which was the closest airport when the flight was en-route to Delhi, said the official. "After landing here during midnight, the aircraft, carrying nearly 200 passengers and crew, was thoroughly checked by the security agencies overnight. However, nothing suspicious was found. The flight took-off for Delhi at around 8 am today morning after getting a green signal from the security personnel," the official said. Several flights have ...
Station House officer (SHO) of Jaipur Airport Police Station, Sandeep Basera also confirmed that the 175 passengers were safely boarded back onto the plane after the plane was inspected
The fund will also look to invest in consumer startups that have a touchpoint in the passenger journey, such as travel, lifestyle, hospitality, and transportation
IndiGo flight 6E 57 was scheduled to operate from Mumbai to Jeddah
Paying tribute to late Ratan Tata, InterGlobe Enterprises Group Managing Director Rahul Bhatia on Thursday said IndiGo will walk alongside Air India to secure the country's rightful seat at the centre stage of global aviation. "As we all know, Mr. Tata had a deep passion for flying machines, and I was only too pleased to see Air India return to where it truly belonged," Bhatia said in a statement. Tata, who was the Chairman Emeritus of Tata Sons, passed away on Wednesday night. "While I am much too small a man to say this, in tribute to Mr Tata's love for flight and his vision for the future of Indian Aviation, IndiGo will, ever so modestly, walk alongside Air India to secure India's rightful seat at the centre stage of global aviation," Bhatia said. InterGlobe Enterprises is the parent of the country's largest airline IndiGo. Bhatia also recalled that he had the occasion to engage with Tata and that was when he returned from college in 1985. According to Bhatia, they discussed t
Earlier today, IndiGo said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings