Page 45 - Indigo

A flicker of hope in the skies?

As the festive season comes closer, most sectors of the economy are witnessing a resurgence in demand. So has the aviation sector. Airlines were already on their knees when the Covid-19 pandemic hit last year. So their return to a relative position of strength, or pre-pandemic volumes, is important, considering most players are embattled and continuously posting losses. Let's dive in.

Scindia flags off IndiGo's domestic flight, AI's international flight

Civil Aviation Minister Jyotiraditya Scindia virtually flagged off IndiGo's Delhi-Gwalior-Indore flight and Air India's Indore-Dubai flight on Wednesday, the civil aviation ministry stated.

Hard for rivals to beat us with our reach, costs: IndiGo's Ronojoy Dutta

IndiGo has no plans for acquiring any airline which will dilute its business model

IndiGo board appoints Director Gregg Saretsky as Special Advisor

The Board of Directors of IndiGo on Sunday announced the appointment of Gregg Saretsky, Member of the Board, to the position of Special Advisor with immediate effect

IndiGo to start 8 new domestic flights in first week of September

IndiGo on Thursday said it will start eight new domestic flights during the first week of September, connecting cities including Dehradun, Indore and Lucknow. "IndiGo will operate new flights between Delhi-Lucknow, Lucknow-Jaipur, and Indore-Lucknow effective September 1, while the flights connecting Delhi and Dehradun will commence from September 5," the airline said in a statement. Sanjay Kumar, Chief Strategy and Revenue Officer, IndiGo, said these eight new flights will not only improve accessibility, but also cater to the increased travel demand from Delhi, Lucknow, Jaipur, Dehradun, and Indore.

AirAsia, IndiGo flights came as close as 8 km on Jan 29: Probe report

AirAsia India's Ahmedabad-Chennai flight and IndiGo's Bengaluru-Vadodara flight came within 8 km of each other with 300 ft vertical separation between them over Mumbai airspace on Jan 29, report said

UAE bans IndiGo flights till Aug 24 over Covid test rule for passengers

According to sources, the suspension came into effect from Tuesday for carrying passengers who had not undergone a rapid-PCR test at the departure airport

IndiGo launches special fares on 15 yr anniversary

To celebrate its 15 years of operations,IndiGo on Wednesday announced a three-day special sale offering all-inclusive fares starting from Rs 915 on its domestic and international connections.

IndiGo to launch IATA Travel Pass for international travel

The IATA Travel Pass will be a mobile app to help passengers easily and securely manage their travel in line with government requirements for Covid-19 tests or vaccines.

IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

Analysts see up to 34% upside in IndiGo stock despite Covid-19 headwind

Analysts believe IndiGo is well-placed to survive this tough phase

Sensex rebounds 640 pts from day's low to end 135 pts down; Airtel jumps 5%

Bargain hunting in domestic equities helped the markets rebound swiftly from intra-day lows on Wednesday

Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank

IndiGo posted its highest ever quarterly loss of Rs 3,174.17 crore during the April-June period

Top headlines: IndiGo's losses mount; Ola's Aggarwal takes on Elon Musk

Business Standard brings to you the top headlines on Tuesday

IndiGo reports net loss of Rs 3,174.17 crore in Q1, highest ever

A prolonged impact of the coronavirus has turned IndiGo's net worth to negative- the first time in company's history

Top headlines: IMF cuts India's FY22 GDP forecast; IndiGo Q1 loss widens

Business Standard brings you this evening's top stories

Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%

In the broader markets, mid-cap stocks faced a severe blow with the BSE MidCap index erasing 0.67 per cent.

Analysts see up to Rs 2,700 crore loss for IndiGo in June 2021 quarter

High oil prices and weaker rupee is likely to hit financial performance in Q1FY22

Four Indigo, Spicejet airlines staff among 7 arrested for gold smuggling

Seven persons, including four staffers of Indigo and Spicejet airlines, were arrested by the customs officials at Indira Gandhi International (IGI) airport

Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs

Industry-wide passenger load factor rose to 62.9% in June from May's 50.5%. SpiceJet had the highest load factor of 70%.