Page 2 - Aviation Indigo

Two IndiGo engineers injured after lightning strike at Nagpur airport

Two IndiGo engineers were injured after they were struck by lightning on Saturday at Nagpur airport, an official said

Rupee breaches 80: Watch out these levels on forex-sensitive Infy, IndiGo

Among select export-oriented shares, Aurobindo Pharma seems well placed on the charts with a potential upside of 9 per cent in the near term.

IndiGo's 75 new Airbus aircraft to be outfitted with Recaro's seats

IndiGo's 75 new Airbus aircraft will be outfitted with "comfortable" seats of German company Recaro from January 2023 onwards to upgrade passenger experience, a statement said on Monday. IndiGo's current fleet of over 280 Airbus aircraft are equipped with 'Dragonfly' seats of French company Safran. Recaro's 'BL3710' economy class seat will be installed on 75 Airbus aircraft -- A320neo and A321neo aircraft -- starting from January 2023, stated the joint statement of IndiGo and Recaro on Monday. India's largest carrier IndiGo will be the first airline in the Indian sub-continent to feature the BL3710 seat of Recaro, it mentioned. "The combination of the ergonomic design and weight of less than 10 kg per passenger has made the BL3710 economy class seat a bestseller since it first entered the market in 2019," it noted. Sanjay Kumar, Chief Strategy and Revenue Officer, IndiGo, said, As we expand our network, domestically and internationally to cater to the travel demand, the comfortabl

IndiGo hikes pilot salaries by a further 8%, restores overtime allowance

The airline has made changes to its HR policies to reinstate the work pattern of crew under which they will earn more, but there will be fewer leaves

Mass leave by the cabin crew an aberration, ready for growth: IndiGo

IndiGo is hiring for replacement and expansion. Around 1,500 in the cabin crew are under training and will join operations over the next few weeks

Stocks to Watch Today: RIL, HDFC, Birlasoft, IndiGo, Coal India, IT shares

Stocks to Watch Today: HDFC and HDFC Bank are likely to be in focus as the stocks exchanges have approved the proposed merger for these two corporates.

IndiGo to operate additional flights on three routes starting July 1

IndiGo on Wednesday said it will operate additional flights on Delhi-Leh, Delhi-Srinagar and Lucknow-Pantnagar routes from July 1 onwards due to increased demand. "We are pleased to strengthen our network by adding frequencies on Delhi-Leh, Delhi-Srinagar and Lucknow-Pantnagar routes, catering to increased demand for travel to Ladakh, Uttarakhand and Kashmir," Sanjay Kumar, Chief Strategy and Revenue Officer, IndiGo, said in a statement. IndiGo has been witnessing high demand on Delhi-Leh route and with this new service, we will have three daily flights from Delhi to Leh, he noted. "We are getting a good response to our Lucknow- Pantnagar flight and with the increase in frequency, this flight would now operate five days a week," he mentioned.

Airlines upbeat as business travel rebounds after a 2-year lull in pandemic

Domestic air traffic till now was largely fueled by leisure and people visiting their families

IndiGo Q4 numbers modest, but stock rises on hope of profit, traffic

Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.

IndiGo's cargo plans are independent of Interglobe-UPS JV, says airline

Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS

IndiGo slips into losses due to exchange rate and higher fuel price

The airline will deploy 60% more capacity in FY23 than in FY22 when it had to curtail operations in April due to surge of Delta variant and in Dec-Jan due to Omicron

IndiGo Q4 results: Loss widens to Rs 1,682 cr on higher fuel costs

The company's consolidated revenue from operations rose 29% to Rs 8,021 crore in Q4FY22

Another churn in IndiGo's management cockpit amid turbulent times

More than three months ago, the country's largest airline IndiGo's successful co-founders Rahul Bhatia and Rakesh Gangwal made headlines. On February 4, the announcement came that Bhatia will take charge as the airline's Managing Director and on February 18, amid the not-so-cosy relations between the two co-founders, it was announced that Gangwal has stepped down from its board. Bhatia took over as the Managing Director on February 4 and since then, there have been quite a few churns in the top deck. IndiGo -- a low-cost carrier which accounts for more than half of the country's domestic traffic -- has announced the appointment of new Chairman, Chief Financial Officer (CFO) and Chief Executive Officer (CEO) since March. In March, IndiGo's market share stood at 54.8 per cent, as per official data. IndiGo, which has nearly 300 planes in its fleet, is also bracing for more competition with Akasa expected to be operational in the coming months while Jet Airways likely to restart ...

Stocks to Watch: Adani Group, JSW Steel, JSPL, IndiGo, SpiceJet, Textiles

Steel stocks are likely to be in limelight following reports of price hike in April.

Stocks to Watch: ONGC, Hero MotoCorp, PNB, LTTS, IndiGo, Adani Group

Shares of ONGC are likely to be in focus as the government will sell 1.5 per cent stake in the oil producer through an offer for sale (OFS) over the next two trading sessions at Rs 159 per share.

Stocks to Watch: IndiGo, RIL, Hinduja Global, Federal Bank, Brightcom

Auto shares are likely to be in focus as car makers are looking to ramp up production by an average 18-20 per cent in the March quarter, as the shortage of semiconductor eases.

IndiGo to upgrade navigation technology with NAVBLUE in its A320 aircraft

NAVBLUE is into flight operations and air traffic management solutions

Stocks to Watch: Tata Steel, Paytm, Go Fashion, BoB, Lupin, IndiGo, PSBs

Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.

IndiGo appoints Neetan Chopra as chief digital & information officer

He previously held the position of senior vice-president of IT and innovation at Emirates, according to a statement

No direction to firm in arbitration award on promoters' feud: IndiGo

The proceedings were initiated by InterGlobe Enterprises Ltd (IGE) and Bhatia against Gangwal, the Chinkerpoo Family Trust and Shobha Gangwal