Page 25 - Indigo

IndiGo becomes first airline to have over 2,000 daily scheduled flights

Together, IndiGo and Tata group-airlines account for around 89 per cent of the total domestic aviation market in the country

Passenger traffic rises 11% in October; IndiGo share sees marginal dip

IndiGo and Tata Group-airlines account for around 89 per cent of the total domestic aviation market in the country

IGE, Archer Aviation partner to launch electric air taxis in India by 2026

Electric air taxi operations in India are subject to regulatory approvals and clearances, the company said in a statement

IndiGo parent's shares drop after airline warns of more groundings

BENGALURU (Reuters) - Shares of IndiGo fell 1.5% on Wednesday after the airline warned that more planes could be grounded due to the latest troubles with Pratt & Whitney engines, leading to the potential withdrawal of nearly a quarter of its fleet. India's top airline, listed as Interglobe Aviation, said late on Tuesday it sees groundings of its Airbus in the range of "mid-thirties" due to a powder metal issue, days after it said about 40 planes were pulled out of service for a separate problem with the engines. Both combined would add up to about a quarter of its total fleet of 334 planes - a large number of which are fitted with Pratt engines. The troubles come at a time when India's air travel market is rapidly growing. India saw a 29% rise in domestic passenger numbers in September from a year ago, and airlines like IndiGo and Air India stand to gain the most with smaller rivals like Go Air facing bankruptcy and upstart Akasa Air contending with a pilot shortage.

Strong near-term outlook to aid revenues, margins for IndiGo after Q2 show

India's leading airline did well in a seasonally weak quarter for the industry and after paying fees and charges

IndiGo CEO Pieter Elbers says not happy with number of grounded planes

The company carried 26.3 million passengers in the September quarter, observing a 33.4 per cent year-on-year growth

Sensex zooms 595 pts, Nifty tops 19,400; all but PSBs rally

Closing Bell on November 6, 2023: Among sectors, the Nifty Metal, Pharma, Private Bank, and Realty indices added over 1 per cent each

Stocks to Watch today: SBI, IndiGo, Titan, Zomato, RIL, BoI, BoB, Delhivery

Stocks to watch on Monday, November 06, 2023: Shares of PSU Banks are likely to hog the limelight following Q2 results announced by major banks over the weekend.

Indigo Q2FY24 result: Consolidated net profit at Rs 188 cr; Ebitdar up 967%

Indigo Q2 result: The total income for Q2FY24 came in at Rs 15,503 crore, compared to Rs 12,852 crore year-on-year

Demystifying airline seat charges: Rules and logic behind web check-in fees

From low-cost carriers to full-service providers, how Indian airlines define their seat pricing strategies

Bengaluru-bound IndiGo flight returns to Singapore due to 'baggage error'

An IndiGo flight en route to Bengaluru returned to Singapore after take-off on Tuesday morning as the airline had forgotten to offload the baggage of passengers of an earlier flight. "We acknowledge the baggage error on the part of our service partner at Singapore airport with respect to flight 6E 1006 operating from Singapore to Bengaluru, due to which the flight returned to origin. The passengers were kept informed of the delay and served refreshments," the airline said in a statement. Some social media users complained about the incident. Tagging IndiGo, a user on X said, "Congratulations on achieving the impossible... Singapore Bengaluru flight at 5 40 am made to turn back coz you guys forgot to offload luggage from incoming flight". Another X user said there was mismanagement at Singapore airport. "@IndiGo6E horrible mismanagement at Singapore airport!6E1006 was in the air for 1.5 hours, from SIN to BLR, landed back in Singapore bec you all mixed up baggages of various ...

IndiGo launches flights to 20 international destinations in last six months

The international flights include new routes and the resumption of flights within the airline's network

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday

SpiceJet stock news: The stock of SpiceJet had soared 19.4 per cent last Friday, October 13, after a report had said that Gangwal was looking to buy stake in the airline

IndiGo co-founder Rakesh Gangwal may buy stake in SpiceJet? Shares soar

Currently, the promoter group in SpiceJet, which includes Ajay Singh and his family, and Spice Healthcare, own 56.5 per cent stake in the airline

Weekend Bites: Another war, trouble in IT paradise, carmakers, 'those guys'

In which we munch over the week's platter of news and views

Indigo flight cancellations, delays affect 76,000 passengers in Sep: DGCA

Over 76,000 passengers of budget carrier IndiGo were affected due to the airline cancelling its flights or delaying them by more than two hours in September, while Tata-owned Air India denied boarding to 450 passengers during the month, DGCA data revealed on Thursday. According to the data, India's domestic air passenger traffic grew 29.10 per cent at 1.22 crore in September, against 1.03 crore in the same month of the last year, with IndiGo commanding a whopping 63.4 per cent of the total traffic. Of the total 76,612 total passengers affected, 50,945 passengers were affected after IndiGo cancelled its flights altogether in September, while another 25,667 passengers were affected due to the Gurugram-based budget airline delaying its flights by more than two hours during the month, according to data. At the same time, while it provided alternative flights and full refunds to the passengers affected by flight cancellations, the airline served only refreshments to the passengers for th

IndiGo to launch third Mangaluru-Hyderabad daily flight from October 19

In its official statement, the low-cost carrier IndiGo is augmenting its flight schedule from Mangaluru International Airport to Hyderabad starting October 19

On-time performance of all Indian carriers falls in September, shows data

An airline executive mentioned that key cities like Delhi and Mumbai experienced heavy rainfall on certain days in September, compelling the airlines to either cancel or postpone flights

Fuel levy likely to pull in nearly Rs 100 crore per week for IndiGo

ATF costs are the largest expenditure for Indian carriers, consuming about 45 per cent of their overall revenue

IndiGo introduces fuel charge up to Rs 1,000 to offset rising ATF prices

Other airlines may follow suit to offset ATF price rise