The verbal altercation was triggered after Narayan was asked to pay for carrying excess baggage on-board
Budget carrier IndiGo has grounded one more Airbus A320 neo plane after it was forced to return to Bhubaneswar following high engine vibrations experienced by the aircraft on the way to Bengaluru. Since their induction in March last year, the A320 neo planes in IndiGo fleet are going out of operations at a regular interval due to the frequent glitches in the Pratt & Whitney engines, which power these planes. The airline currently has 140 A320s, of which 23 are A320 Neos. Though the US engine maker has started supplying new engines to the country's largest airline by market share which has helped it put some of the grounded planes back into flying, many of such planes remain out of operations, including the one which was grounded in Bhubaneshwar on September 20. Last week, a senior official at the Directorate General of Civil Aviation (DGCA) had said that as many as six A320 neo planes of IndiGo were on ground and awaiting engine replacement. "On September 20, IndiGo
Plans to offer 30% lower fares aided by its low-cost structure
The company will earn more than 5,000 crore through sale of shares
As of June 30, Gangwal and Chinkerpoo Family Trust owned 16.83 percent and 15.59 percent stakes in the co
Currently, there are more than 30 private sector firms in the listed space where promoter shareholding needs to be pared
Engine snag has slowed down delivery of A320 aircraft
Low-cost carrier Indigo is likely to participate in the second round of bidding in the Regional connectivity scheme, popularly known as the UDAN (Ude Desh ka Aam Naagrik).To reap the benefit of the RCS, IndiGo had announced its plans to buy 50 ATR 72-600 aircraft worth $1.3 billion. France based ATR is the world leader for below 90-seater regional aircraft."The government has come up with the policy (RCS)- the first round of bidding has already taken place and second round of bidding is going to happen now. There are a lot of airstrips which are not connected with the country like Agra. Now, we have placed an order of 50 ATRs for induction into the fleet that will help us capture this opportunity in a big way", said Sanjay Kumar, Chief Commercial Officer of Indigo Airlines.Kumar was speaking here at the 33rd annual convention of Indian Association of Tour Operators (IATO).He said that the new policy is a big incentive for airline operators not only of Indigo's size but also for the ...
Flying at 30,000 feet was leading to more fuel consumption but no solution to engine problems
IndiGo will also look at GE engines for its planned 280 A320 neo planes, its President Aditya Ghosh said today amid the airline grounding some of its neo fleet due to the Pratt & Whitney engine issues. Addressing shareholders at the annual general meeting here, he also said the airline expects to have 20 turbo prop aircraft by January 2019. As part of ambitious expansion plans, IndiGo is keen on opportunities in the regional aviation market as well as low cost long haul international flights. The no-frills airline, which has the largest share in the domestic aviation market, has placed orders with Airbus for 430 neo (new engine option) aircraft, which burn less fuel. Ghosh, who is also a Whole Time Director, said the issues related to its A320 neos are due to two specific components of P&W engines wearing out faster than expected even as he assured it is not a safety issue. "Our engine supplier P&W is implementing some design changes and we believe
To offer up to 50% lower fares on regional routes; up to 25% lower on international flights
IndiGo had ordered 50 ATR-72 planes in May to foray into regional aviation
IndiGo, which flies four in every 10 Indian air passengers, operates around 900 daily flights
They further clarified that eight Neo (new engine option) planes of IndiGo are grounded
The Airline is facing issues with its Pratt and Whitney made engines on its Airbus A320 neo planes
Airline to connect 13 destinations, mostly religious and industrial hubs
The model is considered to be a basic fundamental behind the company's success story
The offer is available on first-come-first serve basis and non-refundable, the airline added
Change in operating model and issues related to the Airbus A320neo will be key triggers
Owning aircraft may impact dividend payout