IndiGo

The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5% and 8% stake in the Indian airline's parent InterGlobe Aviation Ltd, CNBC Awaaz said in a report, citing sources.

Expenses in the quarter increased to Rs 13,680 crore due to a rise in fuel and maintenance costs

In another incident of unruly behavior by an air passenger, a drunk flyer on board an IndiGo flight from Delhi to Bengaluru on Friday tried to open the flap of an emergency door

A Varanasi-bound IndiGo flight made an emergency landing at Rajiv Gandhi International Airport (RGIA) at Shamshabad airport in Telangana on Tuesday, due to a technical problem.The Directorate General of Civil Aviation has confirmed that IndiGo Flight 6E897 had taken off from Bengaluru for Varanasi but made an emergency landing at 6:15 am after diverting to Shamshadabad airport.Officials have cited a "technical problem" for the diversion.There were 137 passengers on board and all are safe, DGCA said.The DGCA has ordered an inquiry into the incident, said a senior official.Further details are awaited.

On the occasion of Utkal Diwas, Odisha Chief Minister Naveen Patnaik, launched the ticket sales of an international flight from Bhubaneshwar to Dubai, the Odisha government informed in a press release

No-frills carrier IndiGo on Saturday announced starting flight services to Dubai from Bhubaneswar's Biju Patnaik International Airport on May 15 and unveiled plans to connect Odisha's capital city with Singapore and Bangkok going forward. The airline, in a statement, said it has opened bookings for the Bhubaneswar-Dubai flight services, which will be operated three times a week. IndiGo said it is "working in close collaboration" with the Odisha government to commence international operations from Bhubaneswar which will strengthen air connectivity from the state capital. The maiden international flight from Bhubaneswar will take off from Biju Patnaik International Airport on May 15, IndiGo said in the statement. International flight operations will also commence from Bhubaneswar to two more destinations - Singapore and Bangkok for which slots and other operational requirements are being finalised, it stated. According to the airline, direct connectivity to aviation hubs like Dubai,

No-frills airline IndiGo is expecting to fly 100-million passengers and is planning to have 350 aircraft in its fleet in the next fiscal, according to a presentation by the airline at the analysts/investors meet on Thursday. At the same time, the airline is looking to end the current fiscal with around 306 planes in the fleet with the passenger volume estimated at over 85 million. The number of destinations is expected to go up to 115, with around 10-15 destinations likely to be added in the network during the year, as against 104 in FY23, as per the presentation. While demand continues to be strong in the March quarter of the ongoing fiscal, external variables such as volatility in forex and fuel, global supply chain disruption as well as inflationary cost pressures (are) impacting performance. On the capacity side, the airline projects it to be in mid-teens compared to the estimated over 18 per cent in the current fiscal, as per the presentation. The airline, in the presentation

Such a unilateral increase in traffic rights will be unique to Turkiye and may also receive a nod from the Indian government

Turkish Airlines is looking for cooperation with Air India as the carrier looks to expand in the Indian market, a top executive said on Tuesday. At present, Turkish Airlines is closely cooperating with IndiGo, including a codeshare partnership. Turkish Airlines CEO & Board Member Bilal Eksi pitched for more cooperation with Indian carriers and said that it can cooperate with Air India as that will also support both counties as well as tourism. "We are not getting enough (of Indian market)... we are trying to expand. This is the time for Turkish Airlines to expand operations in India," he said. He noted that there was not enough capacity between India and Turkiye, which is also a wedding destination for many Indians. "We can work together with Air India... can earn together and support both countries," he said.

IndiGo is embarking on the next level of growth and cost leadership is crucial for the airline, its CEO Pieter Elbers said on Monday. Currently, IndiGo operates around 1,800 daily flights and has a fleet of more than 300 aircraft. "We are embarking on the next level of growth," Elbers said at a session of CAPA India aviation summit in the national capital. He noted that the V-shaped recovery of the country's aviation sector has been a part of learning. After being significantly hit by the coronavirus pandemic, the aviation sector is on a strong recovery path and the domestic air traffic has almost touched the pre-pandemic levels. Noting that affordable fares are important, Elbers said maintaining cost leadership is crucial. The low cost carrier is the country's largest airline with a market share of more than 55 per cent. Responding to a query, Elbers said Indian aviation will move towards more sustainable finance, adding that there is more stability in the market. The airline

The country's largest airline IndiGo has appointed Mark Sutch as the Chief Commercial Officer for its international cargo business. From March 1, the carrier said its cargo business CarGo will have two CCOs -- Mahesh Kumar Malik for domestic and Sutch for international segments. IndiGo inducted its first A321 freighter in November and the second one in December last year. Two more freighters are expected this year. Sutch was earlier Chief Commercial Officer with CMA CGM Air Cargo based in Marseille. He has also served with Cathay Pacific Airways, including being based for 5 years in Mumbai as the airline's Regional GM for South Asia, the Middle East and Africa. He is a British and Irish national and has spent most of his career on international assignments, a release said on Thursday. Sutch said that as the airline's international network and frequency grow, there is an opportunity to build world-class cargo products and solutions using both its A321 freighters and extensive belly

Mark brings with him 25 years of airline industry experience across different verticals, including extensive cargo experience

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The country's largest airline IndiGo, which is focusing on internationalisation, has received approval from the civil aviation ministry to wet lease up to two planes for operating flights to the United States and Canada, according to a senior official. For the first time, IndiGo started operating wide-body Boeing 777 on Delhi-Istanbul route in February. The plane has been taken on wet lease from Turkish Airlines. The airline has received nod from the ministry to wet lease two aircraft that can be utilised on this route. The official, on the condition of anonymity, said on Friday the ministry has also given approval for IndiGo to wet lease up to two wide-body aircraft which can be used for flying to the US and Canada. Queries sent to IndiGo on this issue remained unanswered. It could not be immediately ascertained whether IndiGo has firmed up plans on operating flights to the US and Canada. Indian carriers require approval from the ministry to wet lease aircraft. Under the wet le

Indian budget carrier IndiGo is in talks with both Boeing and its supplier Airbus to order more than 500 passenger jets, potentially smashing an industry record set by domestic rival Air India

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

The contract could be signed at the French airshow in Le Bourget in June, the paper said, adding that Le Maire made the comments during his trip to India for a G20 Summit

IndiGo had a market share of 54.6 per cent, while Air India took the second spot with 9.2% share beating Vistara

Confirming the news of the bomb threat, IndiGo said that all necessary security protocols were followed and the aircraft was cleared for takeoff