IndiGo

July 16th, 2022 8:43 PM 0 COMMENTS

IndiGo Onboards Former SEBI Chairman M Damodaran as Non-Independent Executive Director

India’s largest airline, IndiGo, has onboarded the former SEBI (Securities & Exchange Board of India) chairman, M Damodaran as the non-independent executive director of the company. The announcement was made by InterGlobe Aviation, the parent company of IndiGo. The move is subject to shareholders' approval. Damodaran was earlier serving as an Independent Director and chairman of the board of Directors at InterGlobe Aviation from January 24, 2019, to May 3,... Read More

June 3rd, 2022 3:00 PM 0 COMMENTS

Indigo Becomes Sixth Largest Carrier Globally as it Flew Over 2 Million Passengers in March

Indigo has been on top of the chain in the aviation sector when it comes to India. The leading budget carrier of the country has been leaving behind its competitors for a while now when it comes to factors such as the number of passengers carried, fleet size, and on-time performance. Indigo has not only been a frontrunner in India but now has emerged as one of the top performers... Read More

March 27th, 2022 11:08 PM 0 COMMENTS

IndiGo Commences International Flights on More Than 150 Routes

India’s leading domestic airlines IndiGo is all set to resume its scheduled international flights in the upcoming month. The airline will be bringing back its international flights on more than 150 routes in a phased manner as informed via a statement from IndiGo. International flights from India have been under restrictions for the past couple of years because of the pandemic which was finally continued on Sunday. Although selective flights... Read More

February 26th, 2022 9:25 PM 0 COMMENTS

SpiceJet Launches Six Flights to Bangkok, IndiGo Announces Services From Kadapa to Five South Indian Cities

India’s budget carrier SpiceJet has announced new international flights to Bangkok. According to a statement released by the airline, the operations will commence from March 10 in a phased manner. The newly launched SpiceJet Bangkok flights will enhance the air connectivity between India and Thailand. SpiceJet will operate daily direct flights connecting Delhi, Kolkata and Mumbai with Bangkok. “We are delighted to launch new flights connecting Delhi, Mumbai and Kolkata... Read More

February 24th, 2022 5:20 PM 0 COMMENTS

IndiGo Announces New Flight Ticket Offers and Discounts for App Bookings

IndiGo, a budget airline, has announced additional discounts and offers for its passengers, including a complimentary meal and seat selection if booked using its mobile app beginning February 21. The promotion will run through the end of March, and you may get it by entering the code in the promo code section. In order to strengthen the country's COVID immunisation campaign and encourage travellers to travel again, IndiGo is now... Read More

February 19th, 2022 6:30 PM 0 COMMENTS

IndiGo Co-Founder Rakesh Gangwal Resigns From IndiGo’s Board

Rakesh Gangwal, the co-promoter of IndiGo Airlines, resigned from the carrier’s parent company InterGlobe Aviation and hence, from its Board of Directors, with immediate effect. He was serving as a non-independent, non-executive Director at the company. In a letter written to the Board of Directors, Gangwal said that he would sell his stakes at the airline over a span of five years but may consider re-joining the board as a... Read More

February 7th, 2022 9:09 AM 0 COMMENTS

Indigo Witnessing a Slow and Steady Surge in Demand for Corporate Travel

India’s leading domestic airline Indigo is once again witnessing a slow but sure upsurge in the demand for corporate travel in the country. Indigo turned profitable back in the December quarter of 2021 after the unprecedented events that followed due to the Covid-19 pandemic hampering all of the airline industry. According to Chief Strategy and Revenue Officer of Indigo, Sanjay Kumar, the airline had witnessed a 70% recovery of the... Read More

February 5th, 2022 12:10 PM 0 COMMENTS

Rahul Bhatia Is Now IndiGo’s Managing Director, Airline Announces Profit in Q3

A month after shareholders approved the removal of a contentious clause that finalised the settlement between IndiGo’s two fighting promoters, InterGlobe Aviation Ltd., the parent company of budget carrier IndiGo, named co-founder Rahul Bhatia as its Managing Director. Bhatia would not be paid by the firm during his five-year tenure, except for the benefits and perquisites he is entitled to under the company’s guidelines. The position is the next step... Read More

January 27th, 2022 6:54 PM 0 COMMENTS

Stocks of SpiceJet and IndiGo Hit New Low Amid Crude Oil Price Rise

Amid the rising crude oil prices, the shares of aviation companies hit a new low. IndiGo’s shares went down 7% to Rs 1,838.75. SpiceJet shares had hit a 52-week low at Rs 57.70, down 5%. The oil price reached $90 a barrel for the first time in seven years, the reason of which is attributed to tight supply and rising political tensions between Russia and Ukraine. Aviation companies are hit... Read More

January 23rd, 2022 11:10 AM 0 COMMENTS

IndiGo to Provide Passenger Services From Kadapa Airport in Andhra Pradesh

Andhra Pradesh government will enter into a new tie-up with IndiGo airlines to resume air travel from Kadapa airport. IndiGo is replacing Trujet, which provided the services earlier under the UDAN scheme of the central government. IndiGo may operate four flights per week from Kadapa airport for one year. The state’s cabinet cancelled the existing Selected Airline Operator Agreement with Trujet as it stopped the flights once the three-year viability... Read More

January 22nd, 2022 12:57 PM 0 COMMENTS

Domestic Passenger Traffic Surged 6.7% in December

Nearly 1.12 crores passengers travelled by air in December 2021, an increase of 6.7% compared to November 2021, India’s aviation regulatory authority the Directorate General of Civil Aviation (DGCA), revealed in its monthly statement. In November, the count of domestic air travellers was around 1.05 crores. Taking the yearly count, a total of 8.38 crore people travelled on domestic flights in 2021, registering a 33% increase from 2020, which was... Read More

January 20th, 2022 6:03 PM 0 COMMENTS

Indian Aviation Industry Is ‘Chronically Ill’, Says IndiGo CEO

IndiGo’s Chief Executive Officer Ronojoy Dutta calls the Indian airline industry ‘chronically ill’ and requests the central Government to implement some life-saving reliefs quickly. The COVID-19 pandemic crippled India’s domestic airlines. They witness a drop in passenger numbers and suffer from the maladies of high price for Aviation Turbine Fuel (ATF), which increase the cost of operations for airlines. Dutta requests to reduce the jet fuel tax from 11% to... Read More

January 19th, 2022 4:29 PM 0 COMMENTS

Major Mid-Air Collision Involving IndiGo Flights Averted at Kempegowda International Airport

An incident of a mid-air collision involving two IndiGo domestic passenger planes was averted recently at Kempegowda International airport, Bengaluru. The incident that happened at 8.45 am on January 7 was not reported as per the norms, and hence, was not recorded in the aviation logbooks or with India’s aviation regulatory authority, the Directorate General of Civil Aviation (DGCA). The cause of the incident is said to be improper communication... Read More

January 12th, 2022 5:58 PM 0 COMMENTS

IndiGo Stock Closes at 2.63% in the Green on Wednesday

IndiGo, India’s largest airline, had a really good Wednesday on the stock market. The airline’s stock closed 2.63% higher than its previous close. On Tuesday, IndiGo’s stock had closed at Rs 2035 but opened at Rs 2057 on Wednesday. The airline’s shares closed at Rs 2089 (2.63% in the green) on Wednesday, which is a good thing and shows that the investor confidence from the airline sector hasn’t gone yet.... Read More

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Editors Pick

Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic

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