Aviation IndiGo

They want to be sure which entities used the loans granted by them to the airline: Sources

The latest move may pivot frequent travelers from staying in hotels to flying even more

A linear profit growth is unlikely for the Indian aviation players as high oil prices hit the industry every two-three years

Sources say the stake put on the block belongs to Gangwal family, which currently holds over 20% in the airline

InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday reported a steep rise in profit at Rs 1,422.6 crore in the three months ended December 2022

IndiGo lodged an FIR against the passenger for violating security norms

Failure in one of IndiGo aircraft's hydraulic systems, caution light indication in SpiceJet plane's cockpit cause diversion

Airline says aviation ministry has granted permission to all Indian carriers to wet lease aircraft for a period of six months, extendable by another six months

IndiGo CarGo operated its first international flight between Kolkata and Yangon, Myanmar

Airline forced to raise utilisation of its operational planes; delay as high as 82% on Saturday

IndiGo used to operate daily flights on Delhi-Chengdu, Kolkata-Guangzhou, Kolkata-Yangon routes till early 2020

The company is confident that it will return to operational profitability in Q3

An IndiGo plane, which aborted take off at the Delhi airport on Friday night, had suffered "engine stall" leading to a surge in the airflow resulting in a momentary fire in the engine exhaust, according to DGCA sources. A loud bang was also heard following a warning of the failure of an engine of the aircraft, which was to fly to Bengaluru with 184 people on board. There was no injury to any person on board the aircraft, sources at the regulator said. The A320 ceo aircraft VT-IFM operating flight 6E-2131 aborted takeoff at the Indira Gandhi International Airport (IGIA) here due to a fire in one of its engines. The plane returned to the bay and passengers were deboarded safely. Videos posted in social media showed fire in one of the plane's engines and sparks flying before the takeoff was aborted. The Directorate General of Civil Aviation (DGCA) is probing the incident that happened at around 10 pm on Friday. The investigation so far has revealed that "no. 2 engine stall" occurred

A wide body plane like B777 has a bigger fuel tank than narrow body aircraft like A320, which allows the former to traverse longer distances

The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar

Did IndiGo miss 'premium economy' flight?

While Indigo continues to attract budget fliers, some Indian airlines have launched 'premium economy' to attract fliers. So, did Indigo miss the premium economy class flight? Or it has other plans?

IndiGo, India's leading carrier, has started new daily direct flights between Mumbai and Ras Al-Khaimah (United Arab Emirates) from Thursday

IndiGo Airlines co-promoter Rakesh Gangwal and his wife on Thursday divested 2.74 per cent stake in the parent company InterGlobe Aviation for Rs 2,005 crore through open market transactions. Gangwal had resigned from the board of directors of the company in February 2022, stating that he will gradually reduce his equity stake over the next five years. Gangwal along with Rahul Bhatia co-founded the low-cost carrier IndiGo airlines. According to the bulk deal data available with the National Stock Exchange (NSE), Gangwal and his wife Shobha Gangwal sold a total of 1.05 crore shares, amounting to 2.74 per cent stake in the company. The shares were sold in the range of Rs 1,886.47 - Rs 1,901.34 apiece, valuing the transaction at Rs 2,004.77 crore. As of June quarter, Gangwal and his family owned 36.61 per cent stake in the low-cost carrier, where Gangwal and his wife held 14.6 per cent and 8.39 per cent stake, respectively, while the rest of the balance is held by Chinkerpoo Family .

Known for his decisiveness, new chief will have his task cut out as domestic competition heats up

Foresees 13% capacity growth, hints at likelihood of aircraft lease extension; airline is seeing passengers moving from rail and other modes on short duration routes