Page 35 - Indigo

IndiGo Q2 loss widens to Rs 1,585 cr on higher fuel costs, forex losses

The company's loss widened to Rs 15.85 billion ($192.60 million) in the July-September quarter, from Rs 14.40 billion a year earlier

TMS Ep295: Air India, Mahesh Babu, Defence-related stocks, Phishing attack

How did Air India beat Indigo? How is Switch powering up green mobility in India? Has the rally in defence-related stocks run its course? What is a phishing attack? All answers here

Air India beats IndiGo to become top 'on time' airline in India: Report

In September, 87.1 per cent of flights of Air India were on time as compared to IndiGo's 84.1 per cent

IndiGo plane engine catches fire; emergency declared at Delhi airport

A video on Twitter showed one of the plane's engines on fire and sparks flying at the time of taxiing at the airport

IndiGo asks MoCA to extend wet lease period for wide body aircraft

A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances

DGCA allows IndiGo to wet lease wide-body planes for only up to 6 months

Aviation regulator DGCA has allowed IndiGo to wet lease wide-body Boeing planes from Turkish Airlines for up to six months and has rejected the domestic carrier's request for leasing the aircraft for up to two years, according to sources. The Directorate General of Civil Aviation (DGCA) turned down the request of the country's largest airline to wet lease the aircraft for a longer period, citing that the move could become diversion of traffic rights in collusion with a strong foreign carrier that will mainly feed the latter's hub abroad with more passengers from India, the sources said. IndiGo, which currently has only narrow-body planes in its fleet, decided to lease wide-body aircraft to operate more flights on international routes to meet rising demand. Currently, there are also supply issues from engine makers Pratt & Whitney and CFM as a result of which many Airbus A320 planes of IndiGo and Go First are on the ground. The sources said DGCA has permitted IndiGo to wet lease ...

DGCA removes 50% capacity cap on SpiceJet flights from October 30

The DGCA on Friday also approved Indian carriers' winter schedule. Indian carriers will operate 21,941 weekly flights, 1.55% less during the season compared to the previous winter season, it noted.

Indian market is important to us, says Turkish Airlines CEO Bilal Eksi

Turkish Airlines and IndiGo have agreed to code-sharing on each other's flights between Turkey and India.

DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity

Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30

IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready

The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar

Policy must to ensure airlines maintain 4-6 months of cash reserves: CAPA

Indian airlines industry will continue to be sick unless there are policies in place to ensure that the operators have at least 4-6 months of cash kept in reserves for continuity of operations, according to global consultancy and aviation firm CAPA. CAPA said it estimates the domestic airline industry could post losses to the tune of USD 1.4-1.7 billion or more losses this fiscal. The two listed airlines, IndiGo and SpiceJet, have already reported losses of Rs 1,064.30 crore and Rs 789 crore, respectively, in the April-June quarter of the current fiscal. Financial fitness is a fundamental criterion of operating (globally)India is the only country where technically insolvent companies can expand, can continue to operate, Kapil Kaul, CEO for South Asia at CAPA, said at an industry event in Mumbai recently. He said going by the global practice, the airlines have to ensure that they have at least 4-6 months of cash reserves when no revenue is coming in while their air operator permits

IndiGo to launch Mumbai-Istanbul flights from Jan 1, bookings begin

No-frills airline IndiGo on Tuesday said it will connect the city with Istanbul in Turkey from early next year. The non-stop air services on the new route, which will commence from January 1, will be operated daily. Bookings for these flights began from Tuesday, the airline said in a statement. These new routes and additional frequencies will enhance international connectivity between India and Turkey and beyond, through IndiGo's code share with Turkish Airlines, it said. "In line with our vision to strengthen international connectivity from India, we have launched a new connection between Mumbai- Istanbul. This will enhance international capacity and offer more options to the consumers," said Vinay Malhotra, Head of Global Sales, IndiGo.

Four Indian-Americans, including IndiGo's Gangwal, in Forbes 400 rich list

Indian-Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack

Email threat to blow up IndiGo flight turns out to be hoax, case registered

A case was registered after an unidentified person sent an email to the Mumbai International Airport Limited (MIAL) threatening to blow up a flight of IndiGo airline, a Mumbai police official said on Sunday. The email threat, which was received on Saturday night, turned out to be a hoax after nothing suspicious was found post a thorough check of the aircraft, the Sahar police station official said. The email had a sentence that read "I will blow up flight 6E 6045", he said, adding that an FIR has been registered under Indian Penal Code section 506B (issuing death threat) and other offences. IndiGo, in a statement, said "due to a specific bomb threat, IndiGo flight from Mumbai to Ahmedabad was impacted on October 1, 2022." "The bomb threat protocol was initiated and the flight operated after all the checks were completed," the airline said in its statement, though it did not share details like the number of passengers on board, flight number and delay in departure due to the ...

Tata Sons to offer stakes in Vistara to Singapore Airlines: Report

After the merger of Vistara and Air India, AI will become India's largest airline behind IndiGo

SpiceJet tanks 4% as airline sends 80 pilots on Leave Without Pay

The low-cost airline has been reporting losses for the past four years and is operating less than 50 per cent flights, following the July 27 DGCA order in the wake of mishaps.

Mumbai airport handles 260,000 passengers over weekend, most since May 2020

Delhi, Bengaluru and Chennai were the top three domestic destinations, while Dubai, Abu Dhabi and Singapore took the top three positions for highest international traffic

'Start respecting local languages,' KTR tells IndiGo after seat row

Telangana Minister for IT and Industries K T Rama Rao has asked IndiGo Airlines to start respecting local languages after news emanated that a Telugu passenger was asked to vacate her seat at the exit as she reportedly failed to understand security procedures explained in English and Hindi. The Minister was responding to a tweet by a flyer Devasmita Chakraverty, who claimed that a woman who was originally sitting in 2A (XL seat, exit row) was forced to take the seat 3C because she understood only Telugu, not English/ Hindi. "Indigo 6E 7297. Vijayawada (AP) to Hyderabad (Telangana), Sept 16-2022. The woman in green originally sitting in 2A (XL seat, exit row) was forced to seat 3C because she understood only Telugu, not English/Hindi. The attendant said it's a security issue," Chakraverty tweeted. Responding to that, Rama Rao suggested the airlines recruit more staff who can speak the local language like Telugu, Tamil, Kannada on regional routes. "Dear @IndiGo6E Management, I reques

'Start respecting local languages,' Telangana Minister KTR tells IndiGo

Telangana Minister for IT and Industries K T Rama Rao has asked IndiGo Airlines to start respecting local languages after news emanated that a Telugu passenger was asked to vacate her seat at the exit as she reportedly failed to understand security procedures explained in English and Hindi. The Minister was responding a tweet by a flyer Devasmita Chakraverty who in her tweet claimed that a woman who was originally sitting in 2A (XL seat, exit row) was forced to take the seat 3C because she understood only Telugu, not English/ Hindi. "Indigo 6E 7297. Vijayawada (AP) to Hyderabad (Telangana), Sept 16-2022. The woman in green originally sitting in 2A (XL seat, exit row) was forced to seat 3C because she understood only Telugu, not English/Hindi. The attendant said it's a security issue," Chakraverty tweeted. Responding to that, Rama Rao suggested the airlines recruit more staff who can speak the local language like Telugu, Tamil, Kannada on regional routes. "Dear @IndiGo6E Management

Investors left empty-handed in IndiGo block trade due to slippage

None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage