Page 16 - Indigo

IndiGo shares nosedive 8% after weak September quarter performance

Near-term outlook remains challenging as supply outpaces demand

IndiGo reports net loss of Rs 987 crore in Q2FY25 due to high fuel costs

Aircraft groundings peaked to 'mid-70s' but situation is easing

Sensex & Nifty crash, Indigo results, India-China border & more

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.

IndiGo Q2 results: Airline posts Rs 986 cr loss due to higher fuel costs

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.

Q2 results today: Indigo and Macrotech among 148 to post earnings on Oct 25

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 Q2 results preview: Analysts expect net loss, margin erosion

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

Vistara flight denied Afghan airspace after bomb scare, returns to Delhi

When Afghan airspace officials were notified of the 'non-specific' bomb threat, they refused permission for the Vistara flight to pass through

Bomb threats hit Indian flights hard: The real cost of these hoax calls

These false bomb threats have caused significant financial losses for airlines, estimated in crores

IndiGo's Riyadh-Mumbai flight diverted due to security alert, lands safely

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's Bengaluru flight diverted due to bomb threat, 12th in 3 days

Akasa Air and IndiGo flights diverted amid bomb threats; security drills underway at multiple airports as authorities respond to rising aviation threats in India

IndiGo's Mumbai-Delhi flight diverted to Ahmedabad after bomb threat

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 ...

IndiGo flight redirected to Jaipur due to security-related alert: Official

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

IndiGo secures market regulator Sebi nod to launch venture capital fund

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

2 IndiGo flights delayed, 1 Air India flight diverted due to bomb hoaxes

IndiGo flight 6E 57 was scheduled to operate from Mumbai to Jeddah

Will walk alongside Air India: IndiGo MD Bhatia pays tribute to Tata

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

Airport systems effective, will take time to achieve full normalcy: IndiGo

Earlier today, IndiGo said that it is facing a temporary system slowdown across its network, which is affecting its website and bookings

DGCA investigates IndiGo tail strike incident, derosters flight crew

Aviation watchdog DGCA is probing the incident of tail strike involving an IndiGo aircraft on September 9 and the flight crew has been derostered, a senior official said on Tuesday. In a statement, IndiGo said its A321 aircraft was grounded in Bangalore due to a tail strike on September 9. It was operating the flight from Delhi to Bengaluru. "The aircraft is currently under maintenance and will be back in operation post necessary repairs. The incident is under investigation," the airline said. According to the senior official at the Directorate General of Civil Aviation (DGCA), the flight crew has been off rostered and the incident is under investigation.

Flight schedules may get impacted due to bad weather in Delhi: Airlines

IndiGo and SpiceJet on Friday evening said that flight schedules may get affected due to bad weather in the national capital while the Delhi airport saw diversion of one flight amid heavy rains. On Friday, heavy rains lashed parts of Delhi on Friday afternoon and the weather department has predicted more showers. An official in the know said one flight of AIX Connect coming from Bagdogra to Delhi was diverted to Lucknow due to bad weather. "It's pouring heavily in #Delhi, affecting flight schedules. If you're planning to jet off, please keep a tab on your flight status... and plan ahead, as roads leading to the airport may be waterlogged," IndiGo said in a post on X at 5.03 pm. In a post on X at 5.12 pm, SpiceJet said that due to bad weather in Delhi, all departures/arrivals and their consequential flights may get affected. "Traffic congestion and slow vehicle movement are expected enroute Delhi Airport due to heavy rains. Passengers travelling to the airport are requested to keep

E P Jayarajan travels by IndiGo 2 yrs after self-imposed boycott of airline

Over two years after he decided to never travel by IndiGo, former LDF convener E P Jayarajan on Thursday night travelled to Delhi on the airline from Karipur airport here. Jayarajan had in July 2022 decided not to travel by that airline after it imposed a three-week flying ban on him for his involvement in a scuffle onboard an IndiGo aircraft that was also carrying Kerala Chief Minister Pinarayi Vijayan. Confirming that he travelled on the low-cost airline, the CPI(M) leader said that he opted for Indigo in order to quickly reach Delhi to pay his respects to late party general secretary Sitaram Yechury who died on Thursday. Jayarajan said that Yechury was bigger than everything else and reaching Delhi quickly was more important than what he had stated about the airline two years ago. On June 13, 2022, two Youth Congress workers shouted slogans against the chief minister inside the IndiGo aircraft from Kannur, after it landed at Thiruvananthapuram airport. Jayarajan, who was also ..

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