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Page 39 - Indigo

SpiceJet moots fare hike, hits 2-yr low; IndiGo slips 4% amid rising fuel

Aviation Turbine Fuel (ATF) prices, typically account for 40 per cent of an airline's cost, have been hiked to Rs 141,232.87 per kilolitre in Delhi, an all-time high.

SpiceJet moots fare hike, hits 2-yr low; IndiGo slips 4% amid rising fuel
Updated On : 16 Jun 2022 | 12:09 PM IST

IndiGo to restore allowances for crew from July 31 as flight ops recover

The airline, which had made a partial reinstatement of salary for pilots, is yet to restore pre-covid salaries.

IndiGo to restore allowances for crew from July 31 as flight ops recover
Updated On : 10 Jun 2022 | 12:50 PM IST

Centrum Broking gives 'buy' call for IndiGo with target price of Rs 2,284

IndiGo continues to consolidate its domestic leadership position and is making a major push towards international markets through codeshares

Centrum Broking gives 'buy' call for IndiGo with target price of Rs 2,284
Updated On : 07 Jun 2022 | 7:06 PM IST

Airlines cannot refuse to fly people with disability: Aviation regulator

An airline that regards a specially abled passenger's health must consult a doctor at the airport: DGCA.

Airlines cannot refuse to fly people with disability: Aviation regulator
Updated On : 03 Jun 2022 | 8:58 PM IST

TMSEp185: Economic revival, Ronojoy Dutta, IndiGo & SpiceJet, windfall tax

Is the Indian economy out of the woods? What is CEO Ronojoy Dutta's take on IndiGo's performance? Is there turbulence ahead for IndiGo & SpiceJet? What's 'windfall tax' on oil cos? All answers here

TMSEp185: Economic revival, Ronojoy Dutta, IndiGo & SpiceJet, windfall tax
Updated On : 02 Jun 2022 | 8:23 AM IST

Turbulences ahead for IndiGo, SpiceJet?

With Akasa Air and Jet Airways taking to the skies soon, the heated competition doesn't bode well for listed players IndiGo and SpiceJet. Then there is soaring fuel costs. What should investors do?

Turbulences ahead for IndiGo, SpiceJet?
Updated On : 02 Jun 2022 | 7:00 AM IST

Looking at business class for A321XLR, says IndiGo CEO Ronojoy Dutta

'We are taking the Ranchi incident as a learning opportunity and treating it as a case study'

Looking at business class for A321XLR, says IndiGo CEO Ronojoy Dutta
Updated On : 01 Jun 2022 | 10:06 AM IST

ATC suspended for okaying IndiGo flights that came too close post take off

The incident was called "breach of separation", which happens when two aircraft cross the minimum mandatory vertical or horizontal distance in the airspace.

ATC suspended for okaying IndiGo flights that came too close post take off
Updated On : 30 May 2022 | 8:59 PM IST

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic

Domestic air traffic till now was largely fueled by leisure and people visiting their families

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic
Updated On : 30 May 2022 | 12:54 AM IST

IndiGo fined Rs 5 lakh for denying boarding to specially-abled child

A more compassionate handling would have smoothened nerves, calmed the child and obviated the need for the extreme step resulting in denied boarding to the passengers, says DGCA

IndiGo fined Rs 5 lakh for denying boarding to specially-abled child
Updated On : 28 May 2022 | 6:02 PM IST

SpiceJet, IndiGo faulted for poor service and behavior by air passengers

Some 79% of the 15,000 airline passengers surveyed by LocalCircles said they believe carriers in India are compromising on passenger comfort and cutting corners as a result of the pandemic

SpiceJet, IndiGo faulted for poor service and behavior by air passengers
Updated On : 27 May 2022 | 8:53 AM IST

IndiGo Q4 numbers modest, but stock rises on hope of profit, traffic

Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.

IndiGo Q4 numbers modest, but stock rises on hope of profit, traffic
Updated On : 27 May 2022 | 12:02 AM IST

IndiGo soars 10% as CEO eyes 'profitability' after Rs 1,681 cr loss in Q4

Going forward, analysts are cautiously optimistic on the prospects of the airline as it manages demand revival amid increased competition

IndiGo soars 10% as CEO eyes 'profitability' after Rs 1,681 cr loss in Q4
Updated On : 26 May 2022 | 11:46 AM IST

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline

Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline
Updated On : 26 May 2022 | 1:49 AM IST

IndiGo slips into losses due to exchange rate and higher fuel price

The airline will deploy 60% more capacity in FY23 than in FY22 when it had to curtail operations in April due to surge of Delta variant and in Dec-Jan due to Omicron

IndiGo slips into losses due to exchange rate and higher fuel price
Updated On : 25 May 2022 | 11:27 PM IST

Top headlines: Govt approves stake sale in HZL; IndiGo Q4 loss widens

Business Standard brings you the top headlines on Wednesday

Top headlines: Govt approves stake sale in HZL; IndiGo Q4 loss widens
Updated On : 25 May 2022 | 5:39 PM IST

Top Headlines: Top promoters' dividend income jumps, NRI deposits moderates

India's top promoters and business families' income jumped from equity dividends and share buybacks in FY22 while flow of money into NRI deposits moderated sharply to $3.23 bn in FY22.

Top Headlines: Top promoters' dividend income jumps, NRI deposits moderates
Updated On : 19 May 2022 | 9:21 AM IST

Stocks to Watch: ITC, Lupin, Ruchi Soya, Manappuram Finance, JSW, Biocon

Stocks to Watch: The US markets suffered the biggest one-day sell-off in almost two years -Investors worry about inflation and its impact on earnings and prospects for monetary policy tightening

Stocks to Watch: ITC, Lupin, Ruchi Soya, Manappuram Finance, JSW, Biocon
Updated On : 19 May 2022 | 8:27 AM IST

Pieter Elbers: KLM veteran is the new pilot in IndiGo's management cockpit

Elbers' relatively young age and expertise in developing international hubs are some of the reasons why he was selected as CEO

Pieter Elbers: KLM veteran is the new pilot in IndiGo's management cockpit
Updated On : 19 May 2022 | 2:10 AM IST

Top headlines: Elbers appointed as IndiGo CEO; GST hike likely on casinos

Business Standard brings you top news of the evening

Top headlines: Elbers appointed as IndiGo CEO; GST hike likely on casinos
Updated On : 18 May 2022 | 5:46 PM IST