Page 2 - Airline Indigo

ICRA reaffirms IndiGo's long-term rating at A-plus with negative outlook

Agency acknowledges India's largest airline's strong market position, cost-efficient structure and robust liquidity profile among its peers

Top 10 biz headlines: PM on economic revival, Moody's ratings and more

Here are the top ten headlines on Wednesday morning

IndiGo posts Rs 1,290 crore pre-tax loss in Q4 amid Covid-19 lockdown

Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed.

12 IndiGo passengers who travelled on 4 flights test positive for Covid-19

On Tuesday, IndiGo had said that a passenger who travelled on flight 6E 381 from Chennai to Coimbatore on Monday evening tested positive for the disease

Sanitisers to ticket price: 10 changes to note when India resumes flights

Facemasks and social distancing measures may become a common practice for airline passengers.

IndiGo's pay cuts for senior employees to remain effective through FY21

The aviation sector has been hit hard due to the suspension of all commercial passenger flights during the coronavirus-induced lockdown in the country

Covid-19: Singapore to send 78 tonnes of relief materials to India

With 1,990 more COVID-19 cases reported in the last 24 hours, India's count of coronavirus cases has reached 26,496

IndiGo may expand cargo ops to China, Malaysia to ferry essential goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials

Indian airlines may suffer $11.2 bn revenue loss, 2.9 mn jobs at risk: IATA

IATA called for a combination of direct financial support, loans, loan guarantees and support for the corporate bond market, and tax relief

IndiGo reverses plan to cut salaries of employees, drops March decision

IndiGo is the best positioned airline to withstand the crisis created by lockdown to contain the coronavirus.

Flight curbs to be lifted when coronavirus is under control, says minister

Hardeep Singh Puri also said a directive was issued on Sunday to airlines, restraining them from doing open bookings since they did not heed to government's advice in the matter

Experts, passenger associations want airlines to stop advance bookings

All airlines except Air India were accepting bookings for domestic flights beyond April 14 but now those would be cancelled as government extended the lockdown.

Covid-19: IndiGo plans to restart operations from May 4, slash capacity

Airline will also follow strict zonal boarding process to prevent grouping of flyers

Top headlines: NBFCs to face liquidity crisis, IndiGo to stop on-board food

Business Standard brings to you the top headlines of the day

Covid-19: IndiGo crew stuck as govt withholds permission for ferry flights

Around 50 pilots and cabin crew of the airline couldn't return before lockdown was announced

Rumours & fears grip aviation sector as coronavirus dampens operations

Many in the industry argue that there will be at best three to four players over the long term, and that the weaker airlines will be weeded out

Indian airlines start grounding aircraft; govt considers relief package

The largest Indian airline IndiGo, which has 47 per cent market share, announced a steep pay cut for its senior management, pilots and crews

IndiGo says fall in bookings amid Coronavirus to impact quarterly earnings

According to the release, the numbers could change from here based on how the situation evolves

Coronavirus: IndiGo waives cancellation, rescheduling charges till March 31

The cancellation fee has been waived off on existing and new domestic and international bookings made between March 12 and March 31, IndiGo said in a statement.

IndiGo halves Kunal Kamra flying ban to 3 months; no regrets, says comedian

Stand up comedian Kunal Kamra on Thursday said he was neither sorry nor regretful of his actions, hours after IndiGo's internal panel decided to reduce the flying ban to three months. The reduction in ban period was informed by Indigo to the Delhi High Court on Thursday. "... I have no comment to offer on IndiGo banning me for 3 months instead of the 6 months now," Kamra said in a Facebook post on Thursday. In a statement, IndiGo said the airline's internal committee after hearing both parties passed an order. Pursuant to the order, Kamra has been suspended from flying for a period of three months. "IndiGo will comply with the order of the iternal committee," it added. "I trust the IndiGo pilot's e mail & social media has helped explain why I did what I did. All I'd like to say is that I am neither sorry nor regretful of my actions," Kamra said in the post. IndiGo had last month suspended Kamra from flying with the private airline for six months, after he allegedly heckled ...