Page 46 - Indigo
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 board appoints Director Gregg Saretsky as Special Advisor")
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
 "AirAsia, IndiGo flights came as close as 8 km on Jan 29: Probe report")
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
 "UAE bans IndiGo flights till Aug 24 over Covid test rule for passengers")
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
 "Analysts see up to 34% upside in IndiGo stock despite Covid-19 headwind")
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
 "Sensex rebounds 640 pts from day's low to end 135 pts down; Airtel jumps 5%")
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
 "Stocks to watch: Maruti Suzuki, Nestle, IndiGo, IIFL Finance, IndusInd Bank")
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
 "Top headlines: IMF cuts India's FY22 GDP forecast; IndiGo Q1 loss widens")
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.
 "Sensex drops 274 pts, Nifty ends below 15,750; DRL sinks 10%, Axis Bank 3%")
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
 "Four Indigo, Spicejet airlines staff among 7 arrested for gold smuggling")
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%.
 "Air traffic grows 47% in June as Delhi, Maharashtra ease Covid-19 curbs")
SpiceJet to raise Rs 2,500 crore to fund working capital requirements
SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital
 "SpiceJet to raise Rs 2,500 crore to fund working capital requirements")
IndiGo's reduces emissions by 5% via ground support equipment automation
Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.
InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore
Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore