Page 20 - Indigo

IndiGo announces tri-weekly flights between Bengaluru, Deoghar from Jun 1

Low-cost carrier IndiGo has announced direct flights between Jharkhand's Deoghar and Bengaluru three times a week from June 1, a company statement said. The direct flights will operate on Tuesdays, Thursdays and Saturdays. On these days, flight number 6E 6435 will take off from Bengaluru at 10.05 am and reach Deoghar at 12.25 pm. The return flight, 6E 6437, will leave Deoghar at 12.55 pm and land in Bengaluru at 3.25 pm, it said. The new route will enhance connectivity from the southern part of India to the famous religious hubs in Jharkhand, the airline said in a statement on Friday. With these new flights, Bengaluru will be airline's fifth destination be directly connected with Deoghar, after Kolkata, Patna, Ranchi, and Delhi, it said. "We are pleased to announce direct flights between Bengaluru and Deoghar," the statement quoted the head of global sales at IndiGo, Vinay Malhotra, as saying. This will not only provide customers with access to the unexplored beauty of Jharkhand'

Steady, dependable: Why analysts think IndiGo is Rahul Dravid of aviation

IndiGo stock strategy: Given the run, analysts say IndiGo stock prices in most positives at the current levels

Experts call IndiGo stock 'Rahul Dravid' Should you invest now

InterGlobe Aviation, the parent company of IndiGo, has seen impressive gains in recent months. However, experts believe most of the good news is already priced into the stock, so they don't expect big

IndiGo gives 45-day bonus to employees amid significant profits

It is yet to announce its fourth-quarter results. According to Elara Capital, the airline is expected to post an adjusted profit of Rs 2,060 crore in the fourth quarter of 2023-24

IndiGo gets demand notice over FY19 input tax credit discrepancies

IndiGo has received a tax demand following the rejection of an input tax credit that was availed by the company in 2018-19. In a regulatory filing on Wednesday, the company said it has received a "demand of Rs 31,240, including tax of Rs 21,240 and penalty of Rs 10,000 for the FY 2018-19". The demand has been issued by the Deputy Commissioner of the tax department in Hyderabad. "The tax officer has denied input tax credit of Rs 21,240 availed by the company and raised the... demand," the filing said. The company also said there is no material impact on financials, operations or other activities due to the demand.

IndiGo sets up desk for passengers with special needs at Delhi airport

IndiGo on Tuesday said it has set up a desk to facilitate check-in for passengers with special needs at Terminal 1 of the airport in the national capital. "Currently, IndiGo has over 20 specially-abled employees and staff at the Delhi airport, who will also be deployed at these desks for assistance," the airline said in a release. The desk will facilitate check-in for passengers with special needs, it added. According to the release, the airline also offers pre-board courtesy and provisions for customers with sensory impairments, mobility assistance, spinal support equipment, and adverse medical conditions.

IndiGo starting to make India a global aviation hub: CEO Pieter Elbers

For international-to-international connectivity, he provided an example of passengers traveling from Tbilisi, Georgia, to Delhi and then to Phuket, Thailand, using IndiGo's network

IndiGo airline appoints former Volotea COO as 'Chief of Transformation'

Orea's role is going to be significant considering the transformative impact that the introduction of widebody planes is going to have at IndiGo

IndiGo's wide-body aircraft order augurs well for Indian aviation: CRISIL

Budget carrier IndiGo's decision to acquire wide-body planes augurs well for the Indian aviation industry as international long-haul routes are comparatively more profitable and will also help in creating an aviation hub in the country, according to rating agency CRISIL. Till January last year, IndiGo operated single-aisle Airbus aircraft fleet and in February 2023, it started operating wide-body Boeing 777 wet-leased from its codeshare partner Turkish Airlines. Currently, the airline has two wet-leased B777 operating flights to Istanbul from Delhi and Mumbai. On Thursday, the country's largest airline announced placing a firm order for 30 wide-body Airbus A350-900 planes, to be powered by Rolls-Royce's Trent XWB engines, and also has the option to purchase 70 more such aircraft. "The development (IndiGo's A350 aircraft order) augurs well for the industry as these (international long haul) routes are comparatively more profitable and open up avenues for innovative combinations as ..

IndiGo places $5 billion order for 30 A350-900 widebody aircraft

To mark foray into long-haul routes, taking the fight to A-I, foreign carriers

IndiGo to introduce entertainment unit on trial basis on Delhi-Goa route

IndiGo will introduce in-flight entertainment content through its app on a three-month trial basis on the Delhi-Goa route from May 1. It will be the first time that the country's largest airline will offer in-flight entertainment content for passengers. In a release on Tuesday, the carrier said it will offer in-flight entertainment content on a trial basis. "Available to its customers in-flight, using the IndiGo app, the trial will be conducted for customers travelling between the Delhi-Goa sector from 1st May 2024, for a period of three months," it said. To avoid interferences with aircraft electronics, this service will be enabled after the aircraft reaches cruising altitude, the airline said and added that passengers will have to carry their personal headphones to use the service. The service will be fully rolled out post the successful trial phase, the release said. IndiGo has a fleet of more than 350 planes and operates around 2,000 daily flights.

IndiGo says it follows fair process of succession readiness amid some exits

The country's largest airline IndiGo on Monday said it follows a fair process of succession readiness amid some senior executives set to leave from their current roles. The carrier's Senior Vice President Engineering S C Gupta and Senior Vice President Inflight Services Suman Chopra will be leaving from their current positions. They have been with IndiGo since 2006 when it started operations, according to executives. Against this backdrop, IndiGo said retirement or superannuation is a natural process in any organisation, and that at senior levels, these are also personal decisions. "At IndiGo, we follow a fair process of succession readiness. Internal succession also provides opportunities for growth for individuals and the organisation. IndiGo works towards its next phase and its goal to double in size by the end of the decade," it said in a statement. IndiGo operates around 2,000 flights daily.

Vistara's loss may not be IndiGo's gain; oil remains an overhang: Analysts

Surging oil prices, according to analysts, could hit the airline if the government decides to hike the prices of aviation turbine fuel (ATF).

IndiGo world's third largest airline by mcap as shares hit record high

In December 2023, IndiGo airline surpassed United to become the sixth largest airline in the world

Indian carriers' focus is now on international market to boost revenues

According to Joshi of Network Thoughts, during next few years share of Indian carriers in itn'l traffic will rise, because Air India will induct more capacity and so will IndiGo, with XLR aircraft

Healthy, tough competition in Indian aviation market: IndiGo CEO Elbers

There is healthy and tough competition in the Indian market, which is also price sensitive, the country's largest airline IndiGo's chief Pieter Elbers said and emphasised that there is an enormous demand for travel. At the helm of the airline having a domestic market share of little over 60 per cent and more than 360 aircraft in its fleet, Elbers also mentioned that overall price levels in India are "very very competitive", something that he thinks one should take "as part of the change in India itself and the diversity of India". While air traffic continues to rise and airlines expand their operations by connecting new destinations, there are also concerns in certain quarters about airfares being higher, especially during peak seasons. Air ticket prices in the country are deregulated, and fares are mostly a function of supply and demand. In a recent interview with PTI, Elbers said there is healthy and tough competition in the Indian market. "Indian consumers are really eager to ..

IndiGo aims to double in size by 2030 with new routes: CEO Pieter Elbers

IndiGo aims to double in size by 2030 with new domestic and international routes as well as destinations, its chief Pieter Elbers said as the airline pursues soaring global ambitions to match India's economic growth potential. The country's largest airline with a domestic market share of little over 60 per cent is also betting big on A321 XLR aircraft that are expected to be part of its fleet "somewhere in 2025", to further expand its overseas presence. Seeking to consolidate as well as expand its position on the global scale, Elbers told PTI in an interview that the next big jump for IndiGo will be to double its size by the end of the decade. For the next financial year starting April 2024, the IndiGo chief said the capacity guidance in terms of seat capacity is "early double digits" and one plane is coming in every week. Amid supply chain as well as Pratt & Whitney engine woes, Elbers also emphasised that the airline is taking a lot of mitigating measures that are bearing ...

IndiGo aircraft brushes wings of Air India Express plane at Kolkata airport

An IndiGo aircraft grazed the wings of an Air India Express plane at the Kolkata airport on Wednesday, leaving wings of both aircraft damaged, officials said. The IndiGo flight was headed to Darbhanga, while the Air India Express plane was scheduled to leave for Chennai. The Directorate General of Civil Aviation (DGCA) has launched a probe and de-rostered two IndiGo pilots involved in the incident, a senior DGCA official said. Both aircraft had passengers on board at the time of the accident but no injuries have been reported. Air India in a statement said the aircraft has returned to the bay and further investigations are underway. "The wingtip of a taxiing aircraft of another airline grazed one of our aircraft, which was stationary and awaiting clearance to enter the runway at Kolkata for a scheduled operation to Chennai," an Air India Express spokesperson said in a statement. The aircraft has since returned to the bay and further investigation is underway, "for which we are ..

IndiGo rallies 4% to hit fresh high, stock zooms 79% thus far in FY24

IndiGo plans to add 10 new destinations in fiscal 2025 and manage a fleet of more than 600 aircraft by 2030 as it expects the number of fliers in India to more than double by the end of the decade

Domestic carriers set to operate 6% additional flights in summer

The largest domestic airline, IndiGo, is slated to operate 13,050 flights every week, a 13.8 per cent (Y-o-Y) rise from 11,465 flights in the previous year