As IndiGo planes return, change in fares on horizonIndiGo plans to reactivate most grounded aircraft by early next year, potentially adding nearly 80 planes to its fleet in FY26. This expans...
IndiGo shares drop nearly 2% despite 62% YoY surge in Q4 PATIndiGo's net profit surged 62% to Rs 3,067 crore in Q4, driven by travel demand. Revenue rose 24% to Rs 22,152 crore. The airline reported ...
IndiGo profit soars 62% in Q4 on wedding, Maha Kumbh tailwindsIndiGo reported a robust 62% surge in net profit, reaching ₹3,067 crore in the March quarter, driven by strong travel demand during the Mah...
IndiGo flies high despite rupee air pocketIndiGo, India's largest airline, reported a profit of Rs 2,499 crore, impacted by currency fluctuation. Excluding this, profit rose by 26% ...
IndiGo flies high despite turbulence from a falling rupeeIndiGo Q3 Results : IndiGo reported a Q3FY25 profit of ₹2,499 crore, down 18% YoY due to currency fluctuations. Excluding this impact, prof...
Airlines launch offers and sales to boost business amid unexpectedly sluggish demandAirlines are reducing fares and launching sales to attract travelers due to low demand during the festive season. Airfares on major routes ...
IndiGo in the red, warns of more air pockets in Q3IndiGo, India's largest airline, has reported a net loss of ₹987 crore for the fiscal second quarter. This loss comes after seven profitabl...
IndiGo flags higher inflationary environment, escalation in fuel, airport costsAirport charges have also started to climb upwards, and the airline is monitoring it as well as having discussions with airport partners. F...
IndiGo will use its cash reserve to become future ready: CFO Gaurav NegiIndiGo, India's largest airline, has emerged stronger from the Covid pandemic due to its lean cost structure. Despite being completely grou...
P&W engine issues to lead to more aircraft grounding in March quarter, says IndiGoIndiGo, which had a fleet of 334 aircraft at the end of September, is taking various measures, including taking planes on wet lease, retain...
IndiGo, Air India to set up leasing units at GIFT CityIndiGo will invest Rs 30 crore in its leasing unit and issue a corporate guarantee of up to $996 million. Air India has already established...
IndiGo to set up LLP for venture capital investmentsInterGlobe Aviation will set up a venture capital arm to make investments in early stage companies that are into aviation, consumer and all...
IndiGo not to fasten capacity addition despite Go First's groundingIndiGo Airlines, India's largest airline, has not increased its capacity forecast despite grounding of smaller rival Go First. The airline'...
Cost efficiency to keep IndiGo ahead of peersAnalysts say company’s focus on capacity building, investment in human capital and digital initiatives will be big business advantages.
Go First plans to sue Pratt and Whitney for its engine woes“Over the last two years, all the engines had to be removed from the wing before an average of 7,000 hours which is way lower than projecte...
Endemol, Planet Marathi join hands to co-produce biopic on Lalita BabarThe film will hit theatres on January 26, 2024.
IndiGo appoints Gaurav Negi as CFO replacing Jiten ChopraPrior to joining IndiGo, Negi spent 22 years with General Electric Company, where he was part of their Global Leadership programmes in fina...