A global high-flier, his resume can only be matched by his employer -- Rakesh Gangwal -- among Indian airline executives
No-frills airline IndiGo has been levying charges for web check-in from November 14
The govt had earlier said it was reviewing airlines' decision to charge passengers for seats at random, selected at the time of web check-in
On Wednesday, InterGlobe Aviation, which runs India's largest budget airline IndiGo, reported its first-ever quarterly loss of Rs 6.52 billion since its listing in November 2015.
The company said that high fuel prices were responsible for more than half of the decline in earnings
The airline believes it will help to increase liquidity and earn extra income in a volatile fare environment
IndiGo and GoAir have grounded nine A320 neo planes due to Pratt & Whitney engine problems, prompting Civil Aviation Minister Suresh Prabhu to seek a detailed report on the issue from regulator DGCA. The Directorate General of Civil Aviation (DGCA) today also said the engines are being continuously monitored and safety issues are addressed adequately. "At present, there are 60 A320 neos with P&W engines (41 with IndiGo and 19 with GoAir). As on date, 7 with IndiGo and 2 with GoAir are on ground," the regulator said in a statement. These groundings are due to combustor distress found during routine scheduled boroscopic inspection. These are all Block B combustors, it added. This refers to inspection done using a boroscope -- an optical device that is used for inspecting parts that are generally inaccessible. Taking note of the grounding, Prabhu has sought a detailed report on the matter from the DGCA. Security of the passengers is of paramount importance and at no cost the ...
IndiGo will become the first domestic airline to introduce services connecting Port Blair with Hyderabad and Vadodara
At present, IndiGo has a fleet of more than 170 aircraft, including 40 A320 Neo planes
IndiGo, Asia's biggest budget airline by market capitalization, slumped as much as 11.4% earlier, the lowest intraday level since March 16, 2017
The stock dipped 11% to Rs 891, also its 52-week low on the BSE after the company reported a 96% year on year (yoy) decline in net profit at Rs 278 million in June 2018 quarter.
After muted June-quarter performance due to cost and pricing pressure, the outlook for seasonally weak second quarter is no different
The stock hit 52-week low of Rs 1,002, falling 11% in past two weeks from Rs 1,122 on July 17, as compared to 1.1% rise in the Sensex.
The vertical separation between the two aircraft was only about 200 feet and a mid-air collision was averted after the TCAS alarms went off
Bookings under the four-day 'mega anniversary sale' offer begin on Tuesday for a travel period from July 25 to March 30 next year
IndiGo and GoAir have carried out "visual inspections" of a total of 50 Pratt & Whitney engines powering their A320 neo aircraft in the last fortnight but no abnormalities were detected, a senior official said today. The visual inspections were done after US regulator FAA issued an airworthiness directive on June 26 to check for possible engine fan hub damage of certain P&W engines. IndiGo and GoAir, operating A320 neo fleet with P&W engines, have been facing engine issues in these aircraft that even forced grounding of many planes. A senior official at the Directorate General of Civil Aviation (DGCA) said no abnormalities were found during visual inspection of a total of 50 affected P&W engines. "In compliance with AD (Airworthiness Directive), IndiGo has carried out one time inspection of 34 affected engines and GoAir carried out inspection on 16 affected engines. "No abnormality has been observed with these engines fitted on A320 neos being operated by Indigo and ...
To tide over the crisis, IndiGo has also dispatched recruiters to Latin America and West Asia - areas where embattled airlines are cutting costs and laying off pilots
According to the report, four out of the top five cheapest airlines are in Asia
The engine troubles hit budget carrier IndiGo again with the airline forced to ground two of its Airbus A320 Neo planes due to technical glitches, according to a source. The two Pratt & Whitney engine-powered A320 Neo planes were taken out of operations on Friday, the source said. IndiGo, which had to ground 11 A320 Neos between February and March this year due to safety concerns, confirmed that it had pulled out two of its planes from the service. The airline further said that the two planes are back into operations now. Significantly, the airline had earlier this month said all its aircraft, which had been taken out of service following directives of the European aviation safety regulator Easa and India's Directorate General of Civil Aviation (DGCA), were back into flying after the change of engines by the US engine supplier Pratt & Whitney. "IndiGo was forced to ground two A320 Neo planes on Friday due to engine glitches. While one aircraft was grounded at ...
The carrier aims to take the upgraded A330neo version of the plane, according the people, who asked not to be named as the discussions aren't public