Page 2 - Interglobe Aviation

Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts

CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent

Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle

CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks

IndiGo Q1 preview: Analysts expect loss to narrow despite high ATF prices

InterGlobe Aviation Q1FY23 results: Analysts expect IndiGo's net loss to narrow sharply due to increased air traffic

IndiGo airlines: Financial headwinds make aviation leader's flight wobbly

For the quarter ended March 2022, which was impacted by the 'Omicron' wave, IndiGo reported a net loss of Rs 16,818 million.

Damodaran returns to IndiGo board as non-independent non-executive director

The Board of Directors of InterGlobe Aviation has approved the appointment of Damodaran as Non-Independent Non-Executive Director, subject to shareholders' approval, a company statement said.

Cost turbulence, rising competition may put pressure on airline stocks

Price hikes may plague demand, robust passenger traffic notwithstanding

Aviation stocks: SpiceJet tumbles 7%; IndiGo tanks over 5% over ATF rise

Shares of aviation firms SpiceJet and InterGlobe Aviation came under heavy selling on Thursday after ATF prices were raised to a record high.

Centrum Broking gives 'buy' call for IndiGo with target price of Rs 2,284

IndiGo continues to consolidate its domestic leadership position and is making a major push towards international markets through codeshares

IndiGo Q4 numbers modest, but stock rises on hope of profit, traffic

Sustained growth in air travel and pricing discipline are key parameters for India's largest airline.

IndiGo soars 10% as CEO eyes 'profitability' after Rs 1,681 cr loss in Q4

Going forward, analysts are cautiously optimistic on the prospects of the airline as it manages demand revival amid increased competition

IndiGo Q4 results: Loss widens to Rs 1,682 cr on higher fuel costs

The company's consolidated revenue from operations rose 29% to Rs 8,021 crore in Q4FY22

KLM veteran Pieter Elbers to replace Ronojoy Dutta as IndiGo CEO from Oct 1

Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines

After a surprise profit in Q3, IndiGo may report net loss in Q4: Analysts

IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs

IndiGo appoints Venkataramani Sumantran as the chairman of the Board

Sumantran currently serves as the chairman and managing director of Celeris Technologies, a strategic advisory firm

Aviation stocks rise as regular intl flights to resume, but crude a concern

Airlines currently face a challenging time ahead on account of record high ATF prices, which are likely to increase further on the back of Russia-Ukraine conflict, says an analyst

Indigo, SpiceJet can jump up to 8% as intl flights resume, reveal charts

Both, Indigo and SpiceJet had broken major key levels; For reversal to take place these stocks need to conquer near-term hurdles and show sustainability.

InterGlobe Aviation slips 4% after promoter Rakesh Gangwal steps down

While new investors should benefit from the potential future growth in the company's share price, a gradual reduction of my stake should also allow me to benefit from some of the upside, GangwaL said.

End of battle? Rakesh Gangwal quits IndiGo board, to reduce stake

Stock analysts said Gangwal's announcement will keep the company's stock price under pressure

IndiGo's co-founder Rakesh Gangwal resigns from board with immediate effect

'It is my intention to gradually reduce my stake in InterGlobe over the next 5 plus years,' says Gangwal

Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts

Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe