IndiGo on Thursday said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.
The airline will connect Agra to Bengaluru and Bhopal through direct flights under the RCS scheme from March 28
IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown
International flights are restricted and being run as charter operations.
India resumed domestic passenger flights on May 25 after a gap of two months due to the coronavirus-triggered lockdown.
Operated by InterGlobe Aviation Ltd., IndiGo is the world's biggest customer for jets in the A320neo family, with as many as 730 on order
InterGlobe Aviation which operates the country's largest airline, IndiGo, saw its revenue decline 64.5 per cent year on year to Rs 3029 crore in the September-end quarter
Airline had resorted to pay cuts and had laid off 10% staff when the going was tough; The incentives, withheld earlier, are being given to those with basic pay of up to Rs 50,000
Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.
The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22
IndiGo on Wednesday said it operated more than 800 international charter flights during the last three months to repatriate 1.5 lakh passengers.
The development comes a day after the company posted its highest ever quarterly net loss at Rs 2,844.3 crore for the first quarter of 2020-21
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Analysts at Centrum Broking estimate the airline to clock a net loss of Rs 2,672.6 crore driven by low traffic volume, low fleet utilisation and poor coverage of fixed costs
The airline with more than 50 percent market share is one of the largest job creators in the Indian aviation industry due to its size
From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, said CEO Dutta
IndiGo has operated 436 international passenger charter flights and 51 international repatriation flights under the Vande Bharat Mission from 3 till July 14
"We are flying only 30 per cent of our January capacity. We would like to go higher but there are various restrictions from the states. All that is really hurting demand," Dutta said
No-frills carrier SpiceJet has also cut domestic and international layover allowances for its pilots
InterGlobe Aviation, the parent firm of IndiGo, on Tuesday reported a net loss of Rs 871 crore in the March quarter and would not be doling out any dividend