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 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 Q2 result: The total income for Q2FY24 came in at Rs 15,503 crore, compared to Rs 12,852 crore year-on-year
From low-cost carriers to full-service providers, how Indian airlines define their seat pricing strategies
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 ...
The international flights include new routes and the resumption of flights within the airline's network
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
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
In which we munch over the week's platter of news and views
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
In its official statement, the low-cost carrier IndiGo is augmenting its flight schedule from Mangaluru International Airport to Hyderabad starting October 19
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
ATF costs are the largest expenditure for Indian carriers, consuming about 45 per cent of their overall revenue
Other airlines may follow suit to offset ATF price rise
Reach out to aircraft equipment makers to set up MROs in India: IndiGo to govt
A passenger was arrested for allegedly attempting to open the emergency exit door of an Indigo flight from Nagpur to Bengaluru prior to take-off, police said on Monday. The man identified as Swapnil Holey had boarded Bengaluru-bound Indigo flight 6E 6803 from Nagpur at around 10 pm on September 30, they said. According to police, the passenger was seated next to the emergency exit door of the aircraft. Before takeoff, while the crew members were briefing passengers, the man allegedly attempted to open the door. After the flight landed at the Kempegowda International Airport here at 11.55 pm, Holey was escorted by the airline's staff to the police station, a senior police officer said. He was scheduled to take a flight to Bangkok on October 1, police said. Based on the complaint filed by the airline staff, an FIR under section 336 (Act endangering life or personal safety of others) of the Indian Penal Code was registered and the accused passenger was arrested in connection with the
Outlook should be broader and ask why Indian carriers have a small share in international routes, he says
India is one of the most competitive aviation markets in the world and there is also a lot of competition in the market, IndiGo CEO Pieter Elbers said on Tuesday. IndiGo is the country's largest carrier with a domestic market share of more than 63 per cent and is also expanding its international operations. The airline connects 32 international and 81 domestic destinations. According to Elbers, India is an incredible and one of the most competitive aviation markets in the world. IndiGo is going through a "maturing phase", he said and stressed on the need for having aviation hubs in India, which is under served. Elbers was speaking at the conference of the All India Management Association (AIMA) in the national capital.
A male passenger onboard an IndiGo flight from the national capital to Chennai tried to open the cover of the emergency exit door prior to take-off on Tuesday night. In a statement on Wednesday, the airline said that as per the standard operating procedure, the passenger was declared unruly by the crew and handed over to the local authorities on arrival at Chennai. The incident happened onboard flight 6E 6341 from Delhi to Chennai. The passenger tried to open the emergency exit door cover prior to take-off. At no point was the safety of the flight compromised, the statement said. Further details could not be immediately ascertained.
IndiGo on Tuesday said it has stopped serving beverages in cans onboard flights and that passengers have the option to get a complimentary glass of juice or coke on purchase of any snack, amid a former Parliamentarian complaining that one cannot buy a soft drink during a flight. BJP member and former Rajya Sabha MP Swapan Dasgupta has complained that one cannot buy a soft drink in an IndiGo flight and said the airline must stop squeezing passengers through all sorts of extras. Against this backdrop, an IndiGo spokesperson on Tuesday said the airline has revamped its services to provide an efficient, sustainable, and affordable snack experience. "This initiative aligns with our commitment to Go Green, as it has saved thousands of cans from being thrown away," the spokesperson said in a statement. The spokesperson said it has discontinued serving beverages in cans. However, the airline did not mention from when it has discontinued serving beverages in cans onboard flights. "I disco