Page 71 - Indigo

Why IndiGo is betting on low fare for long-haul

IndiGo is eager to take its pared-down model to UK, Europe, though carriers have stayed away

Now, fly to Doha, Mumbai from Calicut airport in IndiGo, Jet Airways

Calicut is connected with Bengaluru, Chennai, Kochi, Mumbai, Thiruvananthapuram, Delhi via Mumbai

Equity MFs press exit button on IndiGo despite spike in passenger growth

Several top fund managers have exited the counter of InterGlobe Aviation, which operates the country's largest airline by market share, IndiGo. Put together, fund mangers sold shares worth Rs 120 crore of IndiGo in June. This came even as the airline recorded the fastest domestic passenger growth rate, of 26 per cent.HDFC Mutual Fund, UTI MF and DSP BlackRock MF completely liquidated their holdings in IndiGo in June, amid its shares trading near record levels. On Friday, shares of IndiGo closed at Rs 1,241.7, around four cent below its one-year high of Rs 1,292, touched earlier this month."We have been investors in the company since its listing. Most of our schemes have benefited from a good rally in the counter. So, it was a profit-booking exercise, on the back of a not-favourable outlook for the aviation sector this year. However, what triggered selling was a sudden interest shown by the company in Air India," said a fund manager.Adding: "IndiGo continues to be the best bet for ...

Indigo to cut promoter share soon

Promoter shareholding in InterGlobe Aviation is 85.9%; needs to be brought down to 75%

Engine snag forces IndiGo to ground 7 new aircraft

GST confusion adds to the chaos

24 global destinations: Can IndiGo digest Air India's international operations?

IndiGo doesn't want Air India's debt but yearns for its international operations

IndiGo will strike gold if Air India's global business is sold separately

Selling Air India's businesses separately makes sense for IndiGo, but it may cap earnings for govt

IndiGo's global ambition hinges on execution

Integration of multiple aircraft, employee and maintenance costs would be key challenges

Full text: IndiGo wants Air India to start low-cost international flights

In an investor call, IndiGo founders lay out the airline's long-term plans

IndiGo 2.0: Co-founders makes case for buying Air India's global operations

At the heart of the strategy is the basic fundamental of keeping costs for long-haul flights low

IndiGo's interest in Air India confuses rivals and investors, stock down

Aditya Ghosh took a daring step while expressing interest in acquiring the debt-laden AI

Will not chase Air India if not profitable: IndiGo president tells staff

IndiGo is keen on snapping up the international operations of Air India as well as Air India Express

We want Air India's overseas ops:Full text of IndiGo prez's letter to staff

The govt on Wednesday gave in-principle approval for disinvesting stake in Air India

Man arrested for harassing woman, masturbating mid-air in Delhi-bound IndiGo flight

Ramesh Chand arrested for sexual harassment under Article 345A of Indian Penal Code

Fly IndiGo, SpiceJet at prices as low as Rs 899; find full fare list here

IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations

Shakti Lumba rejects IndiGo offer to head ATR operations on health grounds

Lumba, a former pilot, was instrumental in setting up IndiGo's operations in 2005

Non-core income props up IndiGo's numbers

Total non-operating income for the quarter was around Rs 443 cr

IndiGo to enter regional aviation, fly smaller planes to hinterland

Carrier to vie with SpiceJet, Jet Air, to buy fifty ATR-72 to cater to smaller towns on aviation map

IndiGo Q4 net down 25% on higher fuel costs; to buy $1.3-bn planes from ATR

If completed, the IndiGo plane deal would mark the biggest order for ATR in at least a decade

IndiGo flight has a brush with aerobridge in Jaipur, no injury reported

The Airlines later released a statement asserting that no injury was reported in the incident