Page 12 - Indigo

Omicron effect: IndiGo to cancel around 20 pc flights, waives change fees

IndiGo said it will cancel around 20% of its flights because of the surge in Covid cases driven by the Omicron variant and waive change fees till March 31 in response to customer needs

Budget carrier IndiGo warns of higher fares on West Bengal routes

IndiGo limits flights connecting West Bengal to Delhi, Mumbai to only Monday and Friday

At EGM, IndiGo shareholders back resolution to scrap RoFR clause

The removal of clause will now allow the two promoters of the airline to sell or transfer shares to a third party without giving each other notice

Omicron has cast a shadow of uncertainty on growth outlook: IndiGo CEO

However, the airline is stronger now when compared to situation in 2020 during the first wave of the pandemic, says Ronojoy Dutta

Top headlines: IndiGo CEO says Omicron a threat; gold may hit Rs 55k

Business Standard brings you the top headlines on Thursday

IndiGo announces five-day sale, launches discounted fares starting Rs 1,122

Discounted tickets available across over 150 domestic flights on IndiGo network; sale valid on travel from January 15, 2022, to April 15, 2022

BOC Aviation Ltd delivers eight Airbus A320Neo aircraft to IndiGo

BOC Aviation Limited has delivered the last of eight Airbus A320NEO aircraft to InterGlobe Aviation Ltd (IndiGo) under a purchase-and-leaseback agreement signed earlier this year. The aircraft is powered by CFM Leap engines, according to a statement. Steven Townend, deputy managing director and chief financial officer of the Singapore-based BOC Aviation, said, "The delivery of these eight aircraft reflects the strong cooperation that we have established with IndiGo, India's largest passenger airline." "We look forward to building on our relationships with major airline partners such as IndiGo, as we continue to support our airline customers in financing their aircraft deliveries," Townend added.

Air France-KLM and IndiGo to start codeshare agreement in 2022

With this new partnership, Air France and KLM will offer their customers access to 25 new Indian destinations

Analysts bet on IndiGo, SpiceJet despite travel curbs amid Omicron spread

However, near-term concerns will continue to weigh on the stocks as Omicron spread puts a spanner on the growth trajectory, say analysts

IndiGo appoints Neetan Chopra as chief digital & information officer

He previously held the position of senior vice-president of IT and innovation at Emirates, according to a statement

Market wrap: Third straight day of gains for Sensex; Nifty tops 17,000

MedPlus Health sees bumper debut, lists at 31% premium; Infosys hits new all-time high, stock ends higher for third session, analysts bullish on IndiGo and SpiceJet despite travel curbs

IndiGo plans to grow 25% from 2024, keep focus on international routes

'Repairing balance sheet is an urgent task', says CEO Ronojoy Dutta in year-end letter to employees.

IndiGo flight to Tirupati diverted to Bengaluru after technical snag

Actor-turned-politician and YSRCP MLA Roja Selvamani and TDP senior leader and former Finance Minister Yanamala Ramakrishnudu were on board in the flight

IndiGo loader falls asleep in cargo compartment of Mumbai-Abu Dhabi flight

After the loading of baggage in the aircraft, one of the loaders of the private carrier fell asleep behind the baggage in the cargo compartment on Sunday's flight

Kotak Mahindra Bank partners with IndiGo to offer co-branded credit cards

Essentially, the cards will work on a reward proposition of an airline ticket for free

Sensex, Nifty end flat; Star Health settles at issue price; PSBs shine

The broader markets outperformed, the BSE Midcap and Smallcap indices were up 0.3 per cent and 0.8 per cent, respectively

Strong passenger traffic, improving yields support IndiGo's flight

However, rising crude oil prices could offset top line growth and impact margins

IndiGo signs agreement with CSIR-IIP to make sustainable aviation fuel

The carrier said it desired to be an anchor partner to such institutes and oil refining companies in the future to address the core issue of carbon emissions

Will Indigo EGM settle spat between co-founders for good?

The spat between IndiGo's Rahul Bhatia and Rakesh Gangwal may be coming to an end. The airline has called an EGM to amend clauses in Articles of Association which has been a thorn in their relations

IndiGo promoters call EGM on Dec 30 to amend share clauses

A removal of the clause will allow either side to sell or transfer shares to a third entity without giving each other notice