Rakesh Jhunjhunwala's lofty bet has grown fourfold: What lies aheadIn 2021, Vinay Dube launched Akasa Air, backed by investor Rakesh Jhunjhunwala. Despite initial losses, the airline's valuation has grown t...
22 Aug, 2024, 02.57 PM IST
Stocks in news: YES Bank, Aster DM Healthcare, ONGC, IndiGo, Bank of BarodaEquity indices soar with YES Bank's fundraising. IndiGo partners with Garuda for pilot training. Olympus Capital Asia to sell 5% of Aster D...
21 Jun, 2024, 07.33 AM IST
IndiGo to fly more intl routes, destinations; aims doubling size by 2030: CEO Pieter ElbersIndiGo aims to double its size by 2030, expanding domestic and international routes, buoyed by India's economic growth. The airline plans t...
27 Mar, 2024, 11.08 AM IST
Indian airlines set to soar: Over 150 aircraft to join fleet in 2024 but it might not be enoughIndiGo, Air India, and others lead the expansion to meet rising demand, pointing to a profitable year for the industry, with robust travel ...
06 Jan, 2024, 08.10 AM IST
SpiceJet appoints Ashish Kumar as new CFOLow-cost airline SpiceJet today announced that Ashish Kumar will be the new CFO of the company. Kumar worked as Vice President and head of ...
09 Sep, 2022, 03.55 PM IST
Pieter Elbers: Will KLM’s overachiever fit into IndiGo?“The loyalty to him from his employees is great, even after the tough decisions he had to take during the pandemic. That is an extremely im...
21 May, 2022, 01.20 PM IST
IndiGo to phase out 120 A320 ceos in 2 years; working with partners for better pricesInterGlobe Aviation, the parent firm of IndiGo, reported a net loss of Rs 871 cr and won't dole out dividend.
02 Jun, 2020, 10.27 PM IST
IndiGo replaces its CFO, brings in GE veteranIndiGo earlier this year signed a $20 billion contract with CFM-a joint venture between GE and France’s Safran-to buy engines for its plane...
30 Aug, 2019, 11.55 PM IST
IndiGo CFO Rohit Philip resignsThis comes a week after company's promoter Rakesh Gangwal said the company's board has approved a new policy on related-party transactions.
30 Aug, 2019, 11.20 PM IST
Turbulence-hit IndiGo shows up on regulatory, government radarsIndiGo instructed to submit all documents, including EY report on related-party transactions.
17 Jul, 2019, 12.30 PM IST
Related-party deals probed by inhouse panel: IGEThe IGE Group said, "Paan ki dukaan is well run and managed by a competent set of managers".
13 Jul, 2019, 08.47 AM IST
Aditya Ghosh's exit from IndiGo: Well-timed or a damp squib?Ghosh’s exit is portentous. It would come as a surprise to many in the industry who thought the man would be part of the airline's next pha...
29 Apr, 2018, 11.58 AM IST
Bidders trying to buy Air India at lower price through pressure: Manish TewariThe former information and broadcasting minister took to Twitter to state his observation and tagged an article about the airlines' decisio...
10 Apr, 2018, 10.09 PM IST
IndiGo unhappy with engine issues; woes with engines spur compensationThe airline, operated by IndiGo, was forced to ground as many nine new A320neo jets on some days.
01 Aug, 2017, 10.52 AM IST
When Jhunjhunwala grilled IndiGo top brass after poor Q4 earningsThe big bull quizzed the company’s CFO on how he plans to address fluctuating fuel cost.
11 May, 2017, 10.47 AM IST
IndiGo appoints Cindy Szadokierski as as head of airport operations and Customer ServicesCindy will take on the role of Vice President - Airport Operations and Customer Services effective 17th April 2017, and will be reporting t...
21 Mar, 2017, 02.37 PM IST
IndiGo appoints Rohit Philip as Chief Financial OfficerIndiGo today announced the appointment of former United airlines executive Rohit Philip as Chief Financial Officer effective July 18, 2016.
19 May, 2016, 03.52 AM IST