The top two players will control 80% of industry revenue
It's a bold bet by Jhunjhunwala, in a market that has seen some airlines collapse in the face of intense fare wars and high costs. Here's all you need to know about the new airline
Mehra's resignation comes close on the heels of resignation of Ankur Goel, head of company's investor relations who is joining Akasa as CFO
IndiGo has no plans for acquiring any airline which will dilute its business model
Smaller markets have seen sharper growth of traffic, reaching almost 80-90 per cent of pre-Covid levels when other metros were still at 75-80 per cent, according to IndiGo CEO Rono Dutta
IndiGo's chief strategy and revenue officer Sanjay Kumar said the airline is always striving to enhance the travel experience for its customers.
To celebrate its 15 years of operations,IndiGo on Wednesday announced a three-day special sale offering all-inclusive fares starting from Rs 915 on its domestic and international connections.
The IATA Travel Pass will be a mobile app to help passengers easily and securely manage their travel in line with government requirements for Covid-19 tests or vaccines.
Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing
A prolonged impact of the coronavirus has turned IndiGo's net worth to negative- the first time in company's history
The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter
The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter
The offer is only available to vaccinated passengers aged 18 years and above, who are located in India at the time of booking and have already received a Covid-19 vaccine in the country
The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year
Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May
IndiGo says vaccination of staff complete in Pune and Chandigarh
Passenger numbers yesterday dropped below 100,000 for the first time since September
The airline is expected to take the delivery of its first plane in the first half of 2022
The airline also announced that the passengers can now do unlimited changes for new bookings made till April 30 on regular fares under this offer
This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December