Total non-operating income for the quarter was around Rs 443 cr
IndiGo plans to use ATR-72 planes to feed its mainline network in a hub and spoke model.On Tuesday IndiGo announced a provisional order for 50 ATR-72 planes valued at $ 1.3 billion at list prices. This is the second largest order of ATR-72 planes till date-the previous record order was from American Eagle airlines for 100 ATR-72 (50 firm plus 50 options) in 1990.IndiGo expects deliveries to commence from 2017-end and will operate the aircraft on routes under regional connectivity scheme (RCS) and also other high demand short routes which are not a part of the scheme.IndiGo is yet to disclose whether it will participate in the second round of bidding for RCS routes which takes place in three months. According to aviation sources IndiGo is evaluating a number of destinations for its ATR aircraft and these include high demand destinations such as Dharamsala and Tirupati which are now served by rival airlines. Other options include routes in North East and Chennai-Colombo route which is ..
Carrier to vie with SpiceJet, Jet Air, to buy fifty ATR-72 to cater to smaller towns on aviation map
If completed, the IndiGo plane deal would mark the biggest order for ATR in at least a decade
This promotional fare commences from May 8 and will end on May 10
The Airlines later released a statement asserting that no injury was reported in the incident
IndiGo's 6E-252 took off from Raipur and suffered a bird hit 23 nautical miles from Raipur
Some airlines have come up with special fares on the occassion of Holi for domestic travel
The stock dipped 5% to Rs 854 on the BSE in early morning trade.
The airline didn't wait for the cold to set in; instead, it gave monthly reports about fog preparedness to DGCA well in advance
Other brokerages including Edelweiss Securities and Motilal Oswal too had cut IndiGo's profit outlook for FY 17 after the Q1 result
According to data from Flightglobal, IndiGo is the most active user of this model among the world's low-cost carriers
At least four passengers and two cabin crew members were shaken by the near disaster
However, reports of the passenger raising pro-ISIS slogans were denied
Mumbai Police has denied that the passenger raised slogans supposedly hailing the Islamic State