November 18th, 2019 7:12 PM 0 COMMENTS

IndiGo Chief Assures of Strong Fundamentals and Good Numbers in Indian Aviation Industry

According to IndiGo Airlines’ Chief Executive Officer Ronojoy Dutta, Indian civil aviation sector is in its “golden age”. He said that there are several opportunities for expansion and there is healthy competition between the airlines. Besides pointing out the provision of opportunities, IndiGo’s Chief also acknowledged that there are problems to be solved, including the high taxes of jet fuel. However, he feels that the problems and variations in economic... Read More

November 7th, 2019 12:24 PM 0 COMMENTS

IndiGo Promise Offers Cover for Delays, Cancellations and Lost Baggage for Only Rs 49

Whenever you are flying, no matter how great of a day you are having or how good the airline is, there is always a chance for a small mishap. Some of the most commonly heard ways in which the passengers face a hassle includes flight delays, cancellations and lost baggage. This is the reason why airlines and other companies offer travel insurance. While a full fledged travel insurance will cover... Read More

October 31st, 2019 2:35 PM 0 COMMENTS

DGCA Regulates IndiGo, GoAir To Upgrade Their Pratt Engines Under 15 Days

Earlier this year, the Indian aviation regulator DGCA directed all the domestic airlines to make extra checks on their A320neo aircraft equipped with Pratt & Whitney engines to match the new safety protocols. In another directive released by DGCA, the aviation watchdog has asked the domestic carriers IndiGo and GoAir to modify a number of their Airbus A320neo aircraft equipped with Pratt & Whitney engines, which are prone to in-flight... Read More

July 17th, 2019 11:16 AM 0 COMMENTS

Total Line of Credit Secured by IndiGo Surpasses Rs 2,500 Crores in April-June Period

Interglobe Aviation, which owns India’s largest airline, IndiGo has secured a line of credit since April worth Rs 2,577.75 crore This credit facility would help the airline in covering its working capital needs while also helping it to focus on expansion. Back in June, the IndiGo had signed a $20 billion agreement with CFM International, the popular aircraft engine manufacturer and as part of this agreement, IndiGo has agreed to... Read More

July 12th, 2019 4:46 PM 0 COMMENTS

SEBI Seeks Response From IndiGo’s Board of Directors About Promoter Rakesh Gangwal’s Allegations

The spat between founders of InterGlobe Aviation Limited, Rahul Bhatia and Rakesh Gangwal, finally became public. Rakesh Gangwal alleged severe corporate governance lapses against the company in a letter to the Securities and Exchange Board of India (SEBI). Rakesh Gangwal owns 36.68% of stake in the company. He pointed out that even a ‘paan ki dukhaan’ (betel shop) would have managed the issues with more grace. He claimed that he... Read More

July 4th, 2019 9:43 AM 0 COMMENTS

India Has a Total of 404 Foreign Pilots Working in the Country: Aviation Minister

India has a total of 404 foreign pilots working in the country, Civil Aviation Minister Hardeep Singh Puri said in Rajya Sabha. Among the 404 foreign pilots, IndiGo employs 199 of them. There is a shortage of type rated commanders/pilot-in-command due to growth in the aviation sector and induction of new type of aircraft in the fleet of Indian airline operators, Puri said in his written response to a question... Read More

June 29th, 2019 3:58 PM 0 COMMENTS

SpiceJet and IndiGo Have the Maximum Number of Passengers Affected by Cancellation: Govt

In response to a question raised in the Parliament, the Civil Aviation Minister Hardeep Singh Puri said that SpiceJet has the highest number of passengers affected by flight cancellations between January to May 2019. An estimation of 70,060 passengers was affected due to cancellation of SpiceJet flights. The airline is said to have paid INR 1.27 crores as compensation to passengers in this regard. Following SpiceJet was IndiGo in the... Read More

June 8th, 2019 9:57 AM 0 COMMENTS

Low-Cost Airlines of India Becoming More Valuable Than the Global Counterparts: Report

The unexpected growth of three budget airlines – IndiGo, SpiceJet and GoAir – creates market distortion, analyses Business Insider. According to a report published by the Centre for Asia Pacific Aviation (CAPA), the three low-cost airlines – IndiGo, SpiceJet, and GoAir – will make a record profit in FY 2019-20. Among the three, IndiGo alone will register a profit of USD 400-500 million, the report stated. Such profit is more... Read More

June 7th, 2019 4:26 PM 0 COMMENTS

IndiGo May Shift From Pratt & Whitney to CFM for Aircraft Engines, Reports NASDAQ

India’s biggest airline IndiGo that is currently opting for aircraft engines from Pratt & Whitney may shift towards the French-American firm CFM, reports NASDAQ. The decision is expected to be finalized by the end of June. IndiGo has placed orders for 430 Airbus planes of A320 Neo family. Among them, Pratt & Whitney will power the engines of the 150 aircraft. For the remaining 280 planes, IndiGo has chosen to... Read More

May 25th, 2019 6:22 PM 0 COMMENTS

IndiGo Gains a Lion’s Share of the Domestic Market at 49.9% in April

IndiGo Airlines’ market share touched 49.9% in April 2019, the highest ever since its inception. It flew a record of 54.81 lakhs of passengers in the month, according to the latest report released by the Directorate General of Civil Aviation (DGCA). Air India, on the other hand, flew 15.4 lakhs passengers and recorded a market share of 13.9%. SpiceJet comes the third on the list with 13.1% market share flying... Read More

January 24th, 2019 4:31 PM 0 COMMENTS

IndiGo Announces Two New International Flights from Kannur Connecting Doha and Kuwait

IndiGo, the low-cost carrier has already announced flights connecting Kannur with domestic destinations like Bengaluru, Goa, Hyderabad, Chennai and Hubli. Now, the airline has announced that effective March 15, it is going to launch new routes connecting Kannur with international destinations. As part of these two new flights, IndiGo will connect Kannur with Doha with daily flights and a six-days-a-week service between Kannur and Kuwait. International Destinations Connected to Kannur... Read More

January 23rd, 2019 9:15 PM 0 COMMENTS

IndiGo Reports After Tax Profits of Rs 7,620 million for the October-December 2018 Quarter

IndiGo, the no-frills carrier has posted its latest quarterly earnings report for the quarter ending in December 2018 and despite rising costs in the industry, the airline has managed to post a profit as opposed to many other airlines. The carrier has been making constant inclusion in its fleet to expand its international and domestic operations. Recently, IndiGo posted its quarterly results for the quarter ending on December 28, 2018,... Read More

January 22nd, 2019 2:40 PM 0 COMMENTS

IndiGo Ahead of Other Airlines in Domestic Capacity Addition: Report

Even while being troubled by rising operational and fuel costs and in between financially troubling times in the Indian aviation industry, IndiGo, the low-cost carrier has been the biggest contributor to domestic capacity addition last week. An Australia-based aviation consultancy CAPA released the data collected by a data intelligence company, OAG aviation, which detailed that approximately 99% of airline seat capacity added last week was due to the low-cost carriers... Read More

January 9th, 2019 1:36 PM 1 COMMENTS

IndiGo Launches New Sale, Domestic Fares Starting at Rs 899 and International at Rs 3399

IndiGo, the largest no-frills carrier of India has been rolling out sales offering very affordable fares on its flight. With the new year, the carrier has come up with yet another new sale which will go on for four days. This special sale will be across the 6E network and will be effective starting January 9th and January 13th 2019. Tickets can be booked under this sale for the travel... Read More

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