Page 19 - Indigo

Stocks to Watch, June 11: IndiGo, Siemens India, PTC Industries, APL Apollo

Stocks to Watch today: Rahul Bhatia's promoter entity, InterGlobe Enterprises, is expected to off load around 2 per cent stake in IndiGo Airlines through a block deal on Tuesday

IndiGo looking at various options for financing fleet of wide-body plane

IndiGo is looking at various financing options for the wide-body planes that are expected to join the airline's fleet in 2027. Speaking at a session at the CAPA India Aviation Summit 2024 here, IndiGo CEO Pieter Elbers on Wednesday said having a strong balance sheet is an asset. In April, IndiGo announced placing a firm order for 30 A350-900 aircraft and also the option to buy 70 more such planes. "We keep all options open...we are already (looking) at various financing options," Elbers said with respect to wide-body aircraft. At present, IndiGo has a fleet of more than 360 planes apart from two Boeing 777 aircraft leased from Turkish Airlines. The wide-body planes are expected to come in 2027 while the A321 XLR aircraft will join the fleet next year. With XLRs, IndiGo can operate more routes and destinations, Elbers said and added that its huge plane orders are part of a long term plan. IndiGo will also be introducing business class seats later this year. In June last year, In

IndiGo eyes lesser-known international destinations for next growth phase

It made a successful push into central Asia last year with flights to less-frequented cities like Baku, Almaty, Tashkent and Tbilisi, opening travel destinations void of major competition

India to host IATA's annual global airlines summit after 42 years

IndiGo, India's largest airline by market share, will be the host airline of the AGM and the World Air Transport Summit, which will take place in Delhi between June 8-10, 2025

Delhi bound IndiGo flight gets bomb threat, passengers safely disembarked

An IndiGo flight from Varanasi to the national capital received a bomb threat on Saturday and all passengers safely disembarked from the aircraft after landing at the Delhi airport. In a statement, the airline said flight 6E 2232, operating from Varanasi to Delhi, had received a bomb threat. "Upon landing in Delhi, the aircraft was taken to an isolation bay as per security agency guidelines and the crew followed all standard operating procedures," it said. According to the airline, all passengers have safely disembarked and the aircraft is currently undergoing inspection.

IndiGo flight makes emergency landing amid second bomb scare in a week

IndiGo flight 6E-5314 made an emergency landing in Mumbai after an unclaimed remote was discovered onboard the aircraft

IndiGo flight lands in 'full emergency' after bomb threat; all exit safely

An IndiGo flight operating from Chennai to Mumbai with 172 persons on board landed in full emergency conditions here on Saturday after it received a bomb threat, sources have said. The flight landed at around 8.45 am and the passengers' deplaning has been completed using the step ladder, a source said. This is the second such incident involving an IndiGo flight in the past week. On May 28, an IndiGo Varanasi flight from Delhi had received an alleged bomb threat. Full emergency was declared for IndiGo flight 6E5314, operating on Chennai-Mumbai route on Saturday after the pilot informed the Mumbai ATC of an alleged bomb threat to the aircraft, the source said. Confirming the alleged bomb threat to its Chennai-Mumbai flight, IndiGo said in a statement, Upon landing in Mumbai, the crew followed protocol and the aircraft was taken to an isolation bay as per security agency guidelines. All passengers have safely disembarked the aircraft, which is currently undergoing inspection, it ...

Simaero to invest $100 million over five years to train 5,000 pilots

Last month, IndiGo placed an order with Airbus for 30 A350-900 widebody aircraft at a deal size estimated to be between $4-5 billion

IndiGo summer sale ends tomorrow: Discounted fares start at Rs 1,199

Discounted fares start from Rs 1,199 for domestic flights and Rs 4,499 for international journeys. Sale ends May 31st, travel July-September.

Female flyers on IndiGo can now pick a seat next to other women for safety

Prior to its implementation, IndiGo Airlines conducted market research to ensure it adequately addressed the requirements of its female passengers

Bomb threat on Varanasi-bound Indigo flight at Delhi airport turns out hoax

The officials said the threat was found written on a piece of paper in a lavatory by the pilot when the Indigo 6E2211 flight was preparing to leave

IndiGo airlines reschedules and cancels some flights due to Cyclone Remal

According to the Kolkata Airport Authority, a total of 394 flights that were scheduled for arrival or departure including domestic and international have been suspended from Sunday noon to Monday 9 am

IndiGo stock strategy: Up to 18% upside seen post Q4; check target prices

IndiGo share price: IndiGo has announced a plan to launch a tailor-made business product for India's busiest and business routes

IndiGo Q4 results: Net profit zooms 106% to Rs 1,895 crore, revenue up 26%

IndiGo Q4 FY24 results: The company reported a 25.9% year-on-year growth in revenue from operations at Rs 17,825.27 crore, from Rs 14,160.6 crore

IndiGo to introduce business class in flights on busiest routes this year

The country's largest airline IndiGo on Thursday said it will introduce business class in flights on the busiest routes this year. Details on product offering, launch date and routes will be unveiled around its 18th anniversary in August. "In a groundbreaking move to redefine business travel in India, IndiGo, India's most preferred airline, announces the plan to launch a tailor-made business product for India's busiest and business routes," the airline said in a release. IndiGo CEO Pieter Elbers said it is constantly looking at innovating service offerings. "We believe, as India gears up to become the third largest economy in the world, it's our privilege to provide the New India even more options to choose from as they travel business. We are excited with this new phase and tailor-made product in IndiGo's evolution and strategy and aim to further give wings to the nation, by connecting people and aspirations," he said.

IndiGo Q4 preview: Stock hits record high ahead of nos; what to expect?

IndiGo Q4 results: Analysts expect robust demand, and lower competitive intensity to aid Q4Fy24 earnings

Q4 results today: IndiGo, ITC, and Fortis among 181 firms to post earnings

Company Q4 FY24 results today: ICRA, Rupa & Company, Page Industries, and Shilpa Medicare will also release their fourth quarter earnings report on May 23

Standby passenger boards IndiGo flight, later deboarded for ticket holder

In an apparent security lapse, a standby passenger in place of a confirmed ticket holder boarded the Varanasi-bound IndiGo flight at the Mumbai airport on Tuesday and was later deboarded before the plane took off. Generally, an airline staff who can take a flight in case there is a vacant seat is referred to as a standby passenger. In a statement, IndiGo said there was an error during the passenger boarding process of 6E 6543 from Mumbai to Varanasi, wherein a standby passenger was allotted a seat reserved for a confirmed passenger. "The error was noticed prior to the departure of the aircraft, and the standby passenger was de-boarded. This led to a slight delay in the departure of the aircraft," the airline said. Further, IndiGo said it will take all measures to strengthen its operational processes.

IndiGo plans to expand regional network with order of 100 smaller planes

Budget airline already has 45 ATR-72 planes and is looking to expand its fleet to strengthen domestic network

Air India's international cargo business takes wings, not so for IndiGo

Latter's narrowbody aircraft do not offer adequate space