Page 3 - Airline Indigo

Stocks to watch: TCS, Ratnamani Metals, IndiGo, JSW Energy, Oberoi Realty

IndiGo co-founder Rakesh Ga­n­gwal has moved Delhi High Court to enforce an arbitration order of the London Court of International Arbitration

Transported 81,437 kg of Covid vaccines between Jan 12 and Apr 12: IndiGo

IndiGo airline transported a total of 81,437 kg of COVID-19 vaccines between January 12 and April 12, the budget carrier said in a statement on Friday. It noted that the airline had a leading market share of 36.56 per cent in COVID-19 vaccine transportation during this period. "IndiGo operated these flights by adhering to all the requisite precautionary measures," the statement said. The Directorate General of Civil Aviation had in early January issued guidelines for airlines for transportation of COVID-19 vaccine packed in dry ice. Ronojoy Dutta, chief executive officer of IndiGo, said, "We are pleased to be the leader in COVID vaccine transportation in the country by moving the highest share of these vaccines, at 36.5% in the last three months, from key COVID vaccine manufacturing points - Pune, Hyderabad & Mumbai.

IndiGo introduces door-to-door baggage transfer service

Airline major IndiGo on Friday said that it has partnered with on-demand platform CarterPorter

BOC Aviation, IndiGo sign purchase-leaseback pact for eight A320Neo planes

BOC Aviation Limited has signed purchase-and-leaseback agreements with InterGlobe Aviation Ltd (IndiGo) for eight new Airbus A320NEO aircraft. "The addition of these eight A320NEO aircraft demonstrates our confidence in the future growth of the aviation market in India," said Riyaz Peermohamed, Chief Aircraft Acquisition & Financing Officer, IndiGo. The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021, the Singapore-based aircraft leasing company said in a release on Monday. "This incremental capital expenditure also reflects our disciplined investment strategy throughout the cycle, focused on building a portfolio of the latest technology aircraft," said Robert Martin, Managing Director and Chief Executive Officer, BOC Aviation. He further noted that "we are delighted to partner once again with IndiGo, India's largest passenger airline, as we continue to support our airline customers to finance their aircraft deliveries.

Aviation stks in focus; InterGlobe Aviation hits 52-wk high; SpiceJet up 6%

The ministry had said last week that the Indian airlines can operate maximum 60% of their pre-Covid domestic passenger flights till February 24 next year due to the prevailing coronavirus situation

IndiGo, Stemz Healthcare to offer pre-flight RT-PCR test to passengers

To book a test, passengers can take appointments online on IndiGo website through a co-branded URL page based on their travel date, the release noted

IndiGo sees demand inching up, reduces leave without pay for pilots

Airbus A320 and A321 pilots will have leave without pay of three days per month and for captains of regional aircraft fleet ATR-72 there will be no more LWP

Top Headlines: Economic crisis, RIL-Aramco deal, import curbs, and more

Here are the top headlines on Tuesday morning

ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook

Agency acknowledges India's largest airline's strong market position, cost-efficient structure and robust liquidity profile among its peers

Top 10 biz headlines: PM on economic revival, Moody's ratings and more

Here are the top ten headlines on Wednesday morning

IndiGo posts Rs 1,290 crore pre-tax loss in Q4 amid Covid-19 lockdown

Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed.

12 IndiGo passengers who travelled on 4 flights test positive for Covid-19

On Tuesday, IndiGo had said that a passenger who travelled on flight 6E 381 from Chennai to Coimbatore on Monday evening tested positive for the disease

Sanitisers to ticket price: 10 changes to note when India resumes flights

Facemasks and social distancing measures may become a common practice for airline passengers.

IndiGo's pay cuts for senior employees to remain effective through FY21

The aviation sector has been hit hard due to the suspension of all commercial passenger flights during the coronavirus-induced lockdown in the country

Covid-19: Singapore to send 78 tonnes of relief materials to India

With 1,990 more COVID-19 cases reported in the last 24 hours, India's count of coronavirus cases has reached 26,496

IndiGo may expand cargo ops to China, Malaysia to ferry essential goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials

Indian airlines may suffer $11.2 bn revenue loss, 2.9 mn jobs at risk: IATA

IATA called for a combination of direct financial support, loans, loan guarantees and support for the corporate bond market, and tax relief

IndiGo reverses plan to cut salaries of employees, drops March decision

IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus.

Flight curbs to be lifted when coronavirus is under control, says minister

Hardeep Singh Puri also said a directive was issued on Sunday to airlines, restraining them from doing open bookings since they did not heed to government's advice in the matter

Experts, passenger associations want airlines to stop advance bookings

All airlines except Air India were accepting bookings for domestic flights beyond April 14 but now those would be cancelled as government extended the lockdown.