Page 5 - Indigo

DGCA lifts 50% cap restrictions on SpiceJet, to operate with full capacity

Scheduled airlines will operate 21,941 flights on domestic routes every week in the winter schedule starting from October 30

IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready

The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar

Policy must to ensure airlines maintain 4-6 months of cash reserves: CAPA

Indian airlines industry will continue to be sick unless there are policies in place to ensure that the operators have at least 4-6 months of cash kept in reserves for continuity of operations, according to global consultancy and aviation firm CAPA. CAPA said it estimates the domestic airline industry could post losses to the tune of USD 1.4-1.7 billion or more losses this fiscal. The two listed airlines, IndiGo and SpiceJet, have already reported losses of Rs 1,064.30 crore and Rs 789 crore, respectively, in the April-June quarter of the current fiscal. Financial fitness is a fundamental criterion of operating (globally)India is the only country where technically insolvent companies can expand, can continue to operate, Kapil Kaul, CEO for South Asia at CAPA, said at an industry event in Mumbai recently. He said going by the global practice, the airlines have to ensure that they have at least 4-6 months of cash reserves when no revenue is coming in while their air operator permits

IndiGo to launch Mumbai-Istanbul flights from Jan 1, bookings begin

No-frills airline IndiGo on Tuesday said it will connect the city with Istanbul in Turkey from early next year. The non-stop air services on the new route, which will commence from January 1, will be operated daily. Bookings for these flights began from Tuesday, the airline said in a statement. These new routes and additional frequencies will enhance international connectivity between India and Turkey and beyond, through IndiGo's code share with Turkish Airlines, it said. "In line with our vision to strengthen international connectivity from India, we have launched a new connection between Mumbai- Istanbul. This will enhance international capacity and offer more options to the consumers," said Vinay Malhotra, Head of Global Sales, IndiGo.

Four Indian-Americans, including IndiGo's Gangwal, in Forbes 400 rich list

Indian-Americans Vinod Khosla, Romesh Wadhwani and Rakesh Gangwal made it to the Forbes 2022 list of 400 wealthiest Americans with Zscaler CEO Jay Chaudhry leading the pack

Email threat to blow up IndiGo flight turns out to be hoax, case registered

A case was registered after an unidentified person sent an email to the Mumbai International Airport Limited (MIAL) threatening to blow up a flight of IndiGo airline, a Mumbai police official said on Sunday. The email threat, which was received on Saturday night, turned out to be a hoax after nothing suspicious was found post a thorough check of the aircraft, the Sahar police station official said. The email had a sentence that read "I will blow up flight 6E 6045", he said, adding that an FIR has been registered under Indian Penal Code section 506B (issuing death threat) and other offences. IndiGo, in a statement, said "due to a specific bomb threat, IndiGo flight from Mumbai to Ahmedabad was impacted on October 1, 2022." "The bomb threat protocol was initiated and the flight operated after all the checks were completed," the airline said in its statement, though it did not share details like the number of passengers on board, flight number and delay in departure due to the ...

Tata Sons to offer stakes in Vistara to Singapore Airlines: Report

After the merger of Vistara and Air India, AI will become India's largest airline behind IndiGo

SpiceJet tanks 4% as airline sends 80 pilots on Leave Without Pay

The low-cost airline has been reporting losses for the past four years and is operating less than 50 per cent flights, following the July 27 DGCA order in the wake of mishaps.

Mumbai airport handles 260,000 passengers over weekend, most since May 2020

Delhi, Bengaluru and Chennai were the top three domestic destinations, while Dubai, Abu Dhabi and Singapore took the top three positions for highest international traffic

'Start respecting local languages,' KTR tells IndiGo after seat row

Telangana Minister for IT and Industries K T Rama Rao has asked IndiGo Airlines to start respecting local languages after news emanated that a Telugu passenger was asked to vacate her seat at the exit as she reportedly failed to understand security procedures explained in English and Hindi. The Minister was responding to a tweet by a flyer Devasmita Chakraverty, who claimed that a woman who was originally sitting in 2A (XL seat, exit row) was forced to take the seat 3C because she understood only Telugu, not English/ Hindi. "Indigo 6E 7297. Vijayawada (AP) to Hyderabad (Telangana), Sept 16-2022. The woman in green originally sitting in 2A (XL seat, exit row) was forced to seat 3C because she understood only Telugu, not English/Hindi. The attendant said it's a security issue," Chakraverty tweeted. Responding to that, Rama Rao suggested the airlines recruit more staff who can speak the local language like Telugu, Tamil, Kannada on regional routes. "Dear @IndiGo6E Management, I reques

'Start respecting local languages,' Telangana Minister KTR tells IndiGo

Telangana Minister for IT and Industries K T Rama Rao has asked IndiGo Airlines to start respecting local languages after news emanated that a Telugu passenger was asked to vacate her seat at the exit as she reportedly failed to understand security procedures explained in English and Hindi. The Minister was responding a tweet by a flyer Devasmita Chakraverty who in her tweet claimed that a woman who was originally sitting in 2A (XL seat, exit row) was forced to take the seat 3C because she understood only Telugu, not English/ Hindi. "Indigo 6E 7297. Vijayawada (AP) to Hyderabad (Telangana), Sept 16-2022. The woman in green originally sitting in 2A (XL seat, exit row) was forced to seat 3C because she understood only Telugu, not English/Hindi. The attendant said it's a security issue," Chakraverty tweeted. Responding to that, Rama Rao suggested the airlines recruit more staff who can speak the local language like Telugu, Tamil, Kannada on regional routes. "Dear @IndiGo6E Management

Investors left empty-handed in IndiGo block trade due to slippage

None of the investors lined up by the banks working on billionaire Rakesh Gangwal's sale of part of his family's stake in IndiGo got any shares in the block trade as a result of slippage

ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip

CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent

Stocks to Watch: NDTV, Dr.Reddy's, IndiGo, SBI, Zee, Consumer Firms

Stocks to Watch Today: NDTV open offer to start from October 17. IndiGo's co-promoter Rakesh Gangwal likely to sell up to 2.8 per cent stake in open market.

Gangwal may sell up to 2.8% in IndiGo Airlines for Rs 2,000 cr: Sources

Stake sale being brokered by three investment banks, says another source; Gangwal and his group currently own 36.6% in InterGlobe Aviation, Bhatia's camp owns 38.17%

IndiGo plane enroute to Udaipur suffers engine vibrations; returns to Delhi

An IndiGo aircraft enroute to Udaipur returned to the national capital on Thursday due to "engine vibrations" and the plane has been grounded, according to a senior DGCA official. The Directorate General of Civil Aviation (DGCA) will probe the incident. This is the second such incident during the day where a plane returned to Delhi airport due to technical issues. The official said that an IndiGo flight from Delhi to Udaipur, operated by an A320 neo aircraft, did an air turnback after there were vibrations in engine 2. The plane landed safely and has been grounded. DGCA will conduct a detailed probe into the incident, the official added. A statement from IndiGo on the incident was awaited. Earlier in the day, a SpiceJet plane, carrying 89 passengers, that took off for Nashik from the national capital returned midway due to an "autopilot" snag. The incident will also be probed by the DGCA.

Virgin Atlantic expands India presence with codeshare agreement with IndiGo

The country's largest airline IndiGo and British carrier Virgin Atlantic on Wednesday announced a codeshare agreement. The agreement will allow Virgin Atlantic to sell seats to passengers connecting onto IndiGo flights. The initial codeshare destinations in India include Chennai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, Amritsar, Goa, Delhi and Mumbai. The additional destinations will include Kochi, Chandigarh, Jaipur, Pune, Coimbatore, Nagpur, Vadodara, Indore and Visakhapatnam, a release said. Under the codeshare partnership, customers booking a Virgin Atlantic ticket will be able to fly on the airline's London Heathrow to Delhi and Mumbai flights and connect to and from 7 additional cities in India. Later this year, the agreement will be expanded to cover a total of 16 destinations throughout India, as well as connections onto Virgin Atlantic's extensive US network operated via London Heathrow, the release said. Codesharing allows an airline to book its passengers on its part

IndiGo CEO agrees to 2-year non-compete curbs after stepping down in Sep

InterGlobe Aviation CEO Ronojoy Dutta, who will be stepping down next month ahead of his tenure, has agreed to an enhanced two-year non-compete period wherein he will not engage with any business that is similar or in competition with the company. Dutta is to step down as the Whole Time Director and CEO of InterGlobe Aviation, the parent of the country's largest airline IndiGo, on September 30 whereas his current tenure is till January 23, 2024. On Tuesday, the company said it will seek shareholders' approval for the remuneration of Dutta for this fiscal "as minimum remuneration in the event of absence or inadequacy of profits". The e-voting on the proposal will be open from August 31 to September 29 and the results will be declared on or before October 1. According to the filing, Dutta has agreed to an enhanced non-compete period of two years as against one year that was originally agreed to after stepping down. Under the non-compete restrictions, "he shall not engage with any ..

IndiGo plane faces engine stall warning for few secs on 'wake turbulence'

An Airbus plane operated by IndiGo faced "engine stall" warning for a few seconds as it flew into wake turbulence caused by a Boeing 777 aircraft that flew from the opposite side. The mid-air incident happened for IndiGo's Guwahati-Mumbai flight that was operated with am Airbus 320 ceo plane on Monday. IndiGo's aircraft "came into the wake turbulence of opposite traffic Emirates Boeing 777 aircraft" on Monday, a source at aviation regulator DGCA said. According to the US Federal Aviation Administration (FAA), every aircraft generates wake turbulence while in flight. The wake turbulence is a function of an aircraft producing lift, resulting in the formation of two counter-rotating vortices trailing behind the aircraft. Pressure differential over the wing surface generates lift, as per FAA website. "Due to the turbulence engine #1 stall warning came and disappeared. No abnormality was observed in any other parameter and aircraft safely continued to the destination," the source ...

IndiGo flight shows engine stall warning as passing jet creates turbulence

An Airbus A320 operated by IndiGo was flying over the Guwahati to Mumbai route on Monday at roughly 36,000 feet when the captain noticed an Engine 1 stall warning signal that quickly vanished