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
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
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
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
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
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
Air India, one of the prominent airlines in India has announced that they will be offering one free change of flight or one free rescheduling of flight to the customers until March 31, 2022. On the other hand, IndiGo, the largest airline in the country has said that it might cut up to 20% of its flights in the coming months due to the COVID-19 scenario and that is why... Read More
The largest domestic airline Indigo has said in a statement on Sunday that it will be cancelling around 20% of its flights as the country witnessed a significant surge in the number of cases of Covid-19 with the widespread Omicron variant. The airline will also be waiving off the change fees till March 31, 2022 keeping in mind the consumer needs. For those unaware, change fees is paid by a... Read More
IndiGo, India’s number one budget or low-cost airline, has suspended most of its flights amid the rising Omicron threat in the country. Multiple flights between cities, including Delhi, Mumbai, and three major airports of West Bengal, including Bagdogra, Durgapur, and Kolkata, have been suspended for three months. West Bengal recently announced that flights to Kolkata from Mumbai and Delhi will be restricted and that only two flights per week will... Read More
IndiGo airline will launch services from Tiruchi with Tirupati from January 18. On four days a week -- Tuesdays, Wednesdays, Fridays, and Sundays -- the budget carrier IndiGo will fly an ATR aircraft with 72 seats on the Tiruchi-Tirupati route. According to the Hindu news publication, the slots are already authorised for the airline to commence the service. At 5 pm, the flight will depart Tirupati and arrive in Tiruchi... Read More
InterGlobe Aviation, the parent of low-cost airline IndiGo, accepted a resolution to change its Articles of Association (AoA) on Thursday, removing the promoters' restrictions on selling their shares. The permission signals a crucial turning point in promoters Rahul Bhatia and Rakesh Gangwal's two-year battle. There has been talk that Gangwal may sell a portion of his ownership in India's largest airline, which has a market share of roughly 54%, if shareholders... Read More
Following the footsteps of AirAsia and SpiceJet, IndiGo has also announced a special all-inclusive tariff for tickets starting at Rs 1122 for domestic flyers. “We heard about your travel plans for 2022! And we’re celebrating with the best offers for you,” IndiGo tweeted about special ticket sales from its official Twitter handle. IndiGo's New Year offer is applicable for the bookings done from December 27, 2021, and December 31, 2021.... Read More
Under a purchase-and-leaseback agreement signed in March 2021, BOC Aviation Limited delivered the last of eight Airbus A320Neo aircraft to InterGlobe Aviation Ltd (IndiGo). BOC Aviation is a state-owned global aircraft operating leasing company based in Singapore. According to a statement from BOC Aviation, the Airbus A320Neo aircraft is powered by CFM Leap engines. “The delivery of these eight aircraft underlines the excellent partnership we have developed with IndiGo, India’s... Read More
The Franco-Dutch airline Air France-KLM has announced a codeshare partnership with India’s budget airline IndiGo. The new partnership will allow Air France-KLM’s passengers to access 25 Indian destinations. In turn, the passengers of IndiGo will gain access to more than Air France-KLM’s 250 destinations. The codeshare partnership will come into effect from February 2022. Under the codeshare agreement, each airline can sell seats of the other airline. Thus, the Air... Read More
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