The DGCA data had shown that the airline had an "On Time Performance" rate of 84.5%
The Airline is facing issues with its Pratt and Whitney made engines on its Airbus A320 neo planes
The offer is available on first-come-first serve basis and non-refundable, the airline added
IndiGo is eager to take its pared-down model to UK, Europe, though carriers have stayed away
Calicut is connected with Bengaluru, Chennai, Kochi, Mumbai, Thiruvananthapuram, Delhi via Mumbai
Several top fund managers have exited the counter of InterGlobe Aviation, which operates the country's largest airline by market share, IndiGo. Put together, fund mangers sold shares worth Rs 120 crore of IndiGo in June. This came even as the airline recorded the fastest domestic passenger growth rate, of 26 per cent.HDFC Mutual Fund, UTI MF and DSP BlackRock MF completely liquidated their holdings in IndiGo in June, amid its shares trading near record levels. On Friday, shares of IndiGo closed at Rs 1,241.7, around four cent below its one-year high of Rs 1,292, touched earlier this month."We have been investors in the company since its listing. Most of our schemes have benefited from a good rally in the counter. So, it was a profit-booking exercise, on the back of a not-favourable outlook for the aviation sector this year. However, what triggered selling was a sudden interest shown by the company in Air India," said a fund manager.Adding: "IndiGo continues to be the best bet for ...
IndiGo doesn't want Air India's debt but yearns for its international operations
Selling Air India's businesses separately makes sense for IndiGo, but it may cap earnings for govt
Integration of multiple aircraft, employee and maintenance costs would be key challenges
Aditya Ghosh took a daring step while expressing interest in acquiring the debt-laden AI
All 174 passengers have been safely evacuated
IndiGo is keen on snapping up the international operations of Air India as well as Air India Express
The govt on Wednesday gave in-principle approval for disinvesting stake in Air India
The stock was down nearly 5% to Rs 1,179, falling 7% from its 52-wk high of Rs 1,273 hit on Thursday
Ramesh Chand arrested for sexual harassment under Article 345A of Indian Penal Code
The stock gained 4.4% to Rs 1,206 on BSE in intra-day trade.
IndiGo today announced its special monsoon offer of low fares to 39 domestic destinations
According to the petitioner, while all other airlines have stopped spraying of pesticides
Lumba, a former pilot, was instrumental in setting up IndiGo's operations in 2005
Regulatory authorities were seized of the matter