Page 11 - Interglobe Aviation

Flaring crude oil price, entry of new players to hit IndiGo: Analysts

In the last one week alone, Brent crude oil prices have surged over 6 per cent to around $79 per barrel mark

Aviation shares in focus; IndiGo hits record high, SpiceJet soars 7%

InterGlobe Aviation, the parent firm of IndiGo airlines, hit a 52-week high at Rs 2,155 and has rallied 9 per cent on the BSE in intra-day trade on hopes of positive future prospects.

Indigo plans full capacity domestic flights by Dec, seeks to raise funds

CEO Ronojoy Dutta says airline's cash levels are 'pretty good' but it wanted an insurance buffer against a possible third wave of Covid-19.

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

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

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

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

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

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz

The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

IndiGo to report Q4 results on Saturday; Here's what analysts expect

Indigo Q4 Results: Painting a grim picture, Centrum Broking expects IndiGo's net loss to widen sequentially to Rs 743.3 crore from Rs 620.1 crore incurred in Q3FY21

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

IndiGo plans to raise Rs 3,500-4,000 cr as air travel takes a severe hit

Passenger numbers yesterday dropped below 100,000 for the first time since September

IndiGo to acquire four A321ceo planes, convert them into freighter aircraft

The airline is expected to take the delivery of its first plane in the first half of 2022

A soaring flight plan: Bird Group eyes Air India's ground handling arm

The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs

Burger King, PVR: Avoid these stocks as India sees second wave of Covid-19

Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.

Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier