Market leader IndiGo had registered a pre-tax loss of Rs 2,849 crore during the same period
On Saturday, the regulator had said that a scheduled flight will be suspended for a period of two weeks if anyone is found taking photographs inside the plane
The Directorate General of Civil Aviation (DGCA) asked IndiGo on Friday to take "appropriate action" after the regulator found alleged violation of safety
As per the DGCA rules, an airline can put an "unruly passenger" on its "no-fly list" for a certain period of time after an internal enquiry
'The airline has been slow and stodgy in its management in this time of crisis,' says an aviation industry analyst
A Bloomberg gauge of the sector shows nine of the world's top 10 airline stocks over the past three months are Chinese, with all but Air China shares posting double-digit gains
The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22
QIP is a capital-raising tool through which listed companies can sell shares, fully and partly convertible debentures, or any securities, other than warrants that are convertible into equity shares
From Japan subsidising manufacturing firms moving to India or Bangladesh from China to IndiGo planning to shelve planned QIP if travel picks up, here are the top headlines of the evening
Currently, the country's largest airline in terms of market share is operating around 600 flights per day, which is around 42 per cent of its pre-Covid-19 domestic schedule of around 1,420 services
Private airlines in India are battling losses. The crisis gives them an opportunity, but there are challenges, too. Sai Manish lists the challenges for an Indian private airline to fly international
In-flight meals were banned when air transport had resumed on 25 May to counter the spread of the virus
Dutta is convinced that no matter where we find ourselves today, one cannot go wrong with the Indian aviation market
"Covid-19 will inflict an unprecedented financial impact on the industry. Airlines are the most vulnerable, with some carriers at breaking point," CAPA said
One can see a formation of 'Bearish Engulfing' pattern on Tata Motors' daily chart
Approval from shareholders has been sought by way of a special resolution which will be put to vote at the company's annual general meeting on September 4
Private carrier IndiGo has decided to operate its Hyderabad-Aurangabad flight daily from August 19, director of the city airport D G Salve said
Airlines flew 2.1 mn passengers in July, against 1.9 mn in June
During the analysts' call post Q1FY21 results, Ronojoy Dutta, chief executive officer of the airline had said that the airline was working on the sale and lease back of their unencumbered assets
All that happened in the markets today