Page 3 - Aviation Indigo

IndiGo Airlines operator InterGloble settles row with Sebi, pays Rs 2.1 cr

The matter pertains to alleged violation of disclosure norms pertaining to related party transactions between the company and IGE Group, controlled by co-founder Rahul Bhatia

Top headlines: PM pledges more India-made vaccines, Maruti Q3 profit up 26%

Business Standard brings you top news of the evening

IndiGo to refund customers for flight cancellations due to Covid by Jan 31

IndiGo said it will refund all customer credit shells, which were created when flights were cancelled due to the coronavirus lockdown earlier this year, by January 31, 2021

SpiceJet, IndiGo: Aviation stocks look set for a further rally, charts show

A massive surge of over 35 per cent in the past three sessions indicates a positive momentum going-forward for SpiceJet

Long weekend brings cheer to hotels, travel firms as demand picks up

Travel and airline executives say leisure demand is now slowly returning with an increase in bookings to popular getaways this weekend

Top Headlines: IndiGo to cut workforce, AGR case, DMart vs JioMart and more

Here are the top 10 business headlines on Tuesday morning

IndiGo repatriated 666 Indians from West Asia on four chartered flights

Scheduled international passenger flights continue to remain suspended in the country since March 23 due to the Covid-19 outbreak.

Domestic aviation sector will need extra Rs 35,000 cr between FY21-23: ICRA

In the forecast, Icra has included an aggregate of all the five private sector players -- IndiGo, SpiceJet, GoAir, Vistara and AirAsia India -- to make the balance sheet

Business travel may resume within 6 months of lockdown lifting: Survey

A third of the respondents say they will not move employees to lower-tier hotels to save expenses, the rest say they might

IndiGo seeks deferment of aircraft lease rental payments by 6 mnths: Report

Airlines are grappling with acute financial woes as commercial services remain suspended in the wake of the nationwide lockdown to curb spreading of coronavirus

Covid-19: IndiGo plans to restart operations from May 4, slash capacity

Airline will also follow strict zonal boarding process to prevent grouping of flyers

Coronavirus: Aviation stocks may descend further as traffic dwindles

The development comes as passenger growth - which has been slowing down on account of the economic slowdown - has taken further hit due to the outbreak of coronavirus

Coronavirus scare: Air India cuts flights, IndiGo's crew under observation

The civil aviation regulator has issued instructions to disinfect aircraft and come up with safety precautions to prevent spread of the virus

Indian aviation companies rejig routes as coronavirus scare shrinks the sky

IndiGo, SpiceJet and Air India Express are planning to cut the number of flights to Saudi Arabia and Dammam

Coronavirus impact: Saudi move to halt pilgrimages to hit Indian carriers

Over 50 per cent of all traffic to Jeddah consists of of pilgrims headed to Mecca and Medina

Coronavirus: Air India extends suspension of flights to China till June 30

The national carrier had also suspended its Delhi-Hong Kong flights due to the coronavirus epidemic that has killed more than 2,000 people in China till date

Concerns over Pratt and Whitney engines sees IndiGo cut capacity forecast

The previous forecast was 22 per cent for the third quarter of FY20 and 25 per cent for FY20

IndiGo declines 4% after DGCA asks airline to replace faulty engines

Last month, DGCA had asked the airline to change engines on 16 of its Airbus A320neos, following three instances of aircraft turning back within a span of 4 days.

IndiGo Q1 preview: Jet Airways' closure, oil price fall to drive earnings

Markets await more clarity on Gangwal-Bhatia spat and hope for an early resolution.

Sebi likely to summon board members, executives in IndiGo promoters' tussle

An official said the corporate affairs ministry would be seeking a "para-wise comments" from the company on Gangwal's complaint and would also be looking at the related party transactions