Page 21 - Indigo

DGCA refuses to extend June 1 deadline to implement new FDTL rules

FDTL norms are important as they ensure adequate rest for pilots so that there is no untoward incident

Rakesh Gangwal mops up Rs 6,786 crore from 6% stake sale in Indigo

At the end of December 2023 quarter, Rakesh Gangwal directly held 11.72 per cent stake in the company, the shareholding pattern data shows

IndiGo soars 8% from day's low on Rakesh Gangwal's likely large block deal

As per Bloomberg, IndiGo promoter Rakesh Gangwal raised about $820 million from selling part of his holding, in the largest block equity sale in the country since 2019

IndiGo co-founder Gangwal raises $820 mn in largest block sale since 2019

It's the fourth time within two years that the co-founder has tapped investors through a block sale of IndiGo shares, according to data compiled by Bloomberg

What could weigh on InterGlobe Aviation shares today? All you need to know

Stocks to Watch on Monday, March 11: Rakesh Gangwal could sell a 3.3-per cent stake (130 million shares) in IndiGo to raise around $450 million

IndiGo flight from Mumbai to Istanbul delays due to technical issue

The IndiGo flight coming from Mumbai to Istanbul has been delayed due to a technical issue, the airline said on Saturday.According to the official statement, passengers for this flight are being accommodated on two special flights operated by A32x aircraft."IndiGo's flight 6E18 from Mumbai to Istanbul has been delayed due to a technical issue with the incoming aircraft from Istanbul. Passengers for this flight are being accommodated on 2 special flights operated by A32x aircraft and, we are currently working with the regulator to obtain the requisite clearances at the earliest," an official statement said."At this moment, ensuring passengers' comfort caused by this unforeseen situation is our top priority and we are providing alternate options, rescheduling, and refunds as per norms. IndiGo sincerely apologizes for the inconvenience resulting from this delay," it added.Earlier, a 42-year-old passenger travelling in an IndiGo flight on Tuesday was arrested by the Mumbai police for ...

IndiGo co-founder Gangwal to sell airline's shares worth $450 mn: Report

The floor price for the block deal has been set at 2,925 rupees per share, the report said, which is a 5.8% discount to Interglobe's closing price on Thursday

IndiGo's Gangwal invests $20 mn in manufacturing services startup Zetwerk

Gangwal started his airline career with United Airlines in 1984. He co-founded IndiGo along with his friend Rahul Bhatia in 2006 with one aircraft

IndiGo promoter Rakesh Gangwal invests $20 million capital in Zetwerk

Unicorn startup Zetwerk on Thursday said it has received USD 20 million (about Rs 165 crore) investment from Indigo Airline promoter Rakesh Gangwal. Gangwal is the last investor in the ongoing funding round of Zetwerk at USD 2.8 billion enterprise value. "We are delighted to share that Rakesh Gangwal has invested USD 20 million in Zetwerk through Wheelhouse Venture Capital. Gangwal, with his extensive experience spanning several decades, brings invaluable insights into building businesses and iconic brands. His strategic guidance will be crucial in building Zetwerk into a generational company," Zetwerk said in a statement. The company has raised USD 650 million to date, including the recent investment from Gangwal. Zetwerk has posted a nearly six-fold jump in revenue to Rs 4,961 crore during 2021-22, mainly on account of companies looking for an alternate destination to China to make their products. The company's revenue more than doubled to Rs 11,448 crore in the financial year 2

Man smokes 'beedi' onboard IndiGo flight, arrested at Mumbai airport

A 42-year-old man has been arrested after he allegedly smoked a beedi inside a lavatory onboard a Riyadh-bound IndiGo flight, a Mumbai Police official said on Tuesday raising concerns over security as the passenger had managed to pass through pre-boarding check-in at the Delhi airport. He was handed over to the police by cabin crew after the Delhi-Mumbai-Riyadh flight landed at the city airport on Monday. Shockingly, the accused managed to sneak in a lighter and a beedi with him when he boarded the flight at the Delhi airport on Monday, the official said. A labourer by profession, the accused, identified as Mohammed Fakruddin Mohammed Ammuruddin, was flying to Riyadh on a connecting flight via Mumbai. "The incident came to light when a flight security official noticed smoke in its lavatory mid-air after Ammuruddin exited it," the official said. After the flight landed in Mumbai, the man was detained by the cabin crew and the police were informed, he said. He said Ammuruddin told

Airlines cancel 12 Mumbai routes due to congestion; airfares rise 193%

IndiGo, India's largest carrier, has been the most severely affected by the congestion-induced cancellations

Collision of 2 IndiGo planes averted in November; AAIB probing incident

The two planes came dangerously close shortly after departing from Delhi airport

IndiGo flight from Chennai to Mumbai gets bomb threat, police file case

Mumbai Airport Police registered a case against an unknown person and initiated an investigation into the matter

Passenger finds screw in food, IndiGo says not reported during journey

An IndiGo passenger has claimed that he found a screw in a sandwich served by the airline, which on Tuesday said the issue was not reported to it during the journey. The passenger shared his experience on social media along with a picture of the sandwich that he had after deboarding the aircraft. "We are aware of the image circulating on social media with reference to a customer sharing their experience on flight 6E-904 operating between Bengaluru- Chennai on February 1, 2024. The issue was not reported by the passenger during the journey," IndiGo said in a statement. The airline said it regretted the inconvenience caused to the passenger but did not specify details about the image that was being circulated. "Our in-flight meals are sourced from reputable and highly regarded caterers to maintain the highest standards of quality and hygiene. We regret the inconvenience caused to the passenger and remain committed to providing the best possible in-flight experience and ensuring ...

Airlines record lowest on-time figures in 11 months in Jan amid fog issues

DGCA and aviation security regulator Bureau of Civil Aviation Security (BCAS) on January 17 came down heavily on three airlines namely IndiGo, SpiceJet and Air India

IndiGo plane misses taxiway at Delhi airport, blocks runway for 15 mins

An IndiGo aircraft from Amritsar missed the exit taxiway after landing at the Delhi airport on Sunday morning, following which one of the runways was blocked for little over 15 minutes, impacting flight operations, according to sources. An airline spokesperson said the aircraft from Amritsar to Delhi missed the exit taxiway after landing at the Delhi airport due to low visibility. After missing the designated taxiway, the A320 aircraft, operating flight 6E 2221, went to the dead end of the runway 28/10 at the Indira Gandhi International Airport (IGIA), the sources in the know said. The plane landed on runway 28/10 at around 8.30 am but could not exit to the designated taxiway. As a result, the runway was blocked for little over 15 minutes, the sources added. They said that a towing tractor towed the aircraft to a parking bay, following which normal operations resumed on the runway. One of the sources said that after the plane landed at the airport, an air traffic controller asked

IndiGo passengers singing bhajans, playing Dholak, video goes viral

IndiGo faces criticism as a video of travellers singing a Ram Bhajan mid-flight, joined by a person playing a dholak, goes viral on X

Stocks to Watch today, Feb 5: Paytm, SBI, TaMo, IndiGo, ZEE, Airtel, VBL

Stocks to Watch on Monday, February 5, 2024: Stock exchanges have revised the circuit limits for Paytm to 10 per cent from 20 per cent

IndiGo issues apology after para-athlete alleges mistreatment by crew

The airlines reaffirmed their commitment to inclusivity and pledged to address the matter swiftly and transparently

IndiGo Q3FY24 results: Net profit rises 111% to Rs 2,998.10 crore

About 75 planes grounded due to P&W engine issues