Going forward, analysts are cautiously optimistic on the prospects of the airline as it manages demand revival amid increased competition
Interglobe Enterprise which holds 37.82% in IndiGo, is entering the business of logistics and cargo by forming a 50:50 joint venture with logistics giant UPS
The airline will deploy 60% more capacity in FY23 than in FY22 when it had to curtail operations in April due to surge of Delta variant and in Dec-Jan due to Omicron
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The company's consolidated revenue from operations rose 29% to Rs 8,021 crore in Q4FY22
Elbers' relatively young age and expertise in developing international hubs are some of the reasons why he was selected as CEO
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Since 2014, Elbers (52) has served as the President & Chief Executive Officer of KLM Royal Dutch Airlines
Jet Airways has crossed the 200-weekly moving average (WMA) for the first time since mid-2018, a period of almost 4 years, which indicates an underneath positive bias
IndiGo Q4 preview: Analysts expect the airline to bleed this quarter yet again amid high fuel costs
DGCA said it has issued a showcause notice to IndiGo after a fact-finding committee found the airline staff prima facie violated regulations in denying boarding to a specially-abled child
Experts say that while regulations are more pronounced on how to handle physical disabilities, they are silent on mental or cognitive ones
Inclusion of BEI as part of upgrade and promotion comes in the backdrop of pilot unrest due to delay in restoration of pay cuts which were induced in phases during two years of the pandemic
Sumantran currently serves as the chairman and managing director of Celeris Technologies, a strategic advisory firm
The Indigo pilots were expressing unhappiness over the airline's delay in restoring the pre-Covid salaries and vented ire on 121.5 MHz frequency.
Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday
Inducts trainee pilots after gap of two years
A group of IndiGo pilots are trying to report sick on Tuesday protesting, delay of restoration of salary cuts
In a letter to pilots, Ashim Mitra, senior vice president of operations announced an upward revision of 8 per cent in salaries of all pilots with effect from April 1
Negi takes over from Jiten Chopra who is leaving to pursue other interests; new incumbent is the third CFO at the airline in as many years