Page 3 - Indigo Airlines

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

IndiGo to offer discount of 10% to vaccinated customers starting today

The offer is only available to vaccinated passengers aged 18 years and above, who are located in India at the time of booking and have already received a Covid-19 vaccine in the country

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz

The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

After Air India, IndiGo and Vistara roll out Covid-19 vaccination for staff

IndiGo says vaccination of staff complete in Pune and Chandigarh

IndiGo plans to raise Rs 3,500-4,000 cr as air travel takes a severe hit

Passenger numbers yesterday dropped below 100,000 for the first time since September

IndiGo to acquire four A321ceo planes, convert them into freighter aircraft

The airline is expected to take the delivery of its first plane in the first half of 2022

IndiGo waives-off change fees on domestic bookings made from April 17-30

The airline also announced that the passengers can now do unlimited changes for new bookings made till April 30 on regular fares under this offer

IndiGo CEO Ronojoy Dutta gets stock worth Rs 14 core through ESOP

This is over and above Dutta's last year's salary of Rs 11.9 crore which he has received till 31 December

IndiGo to start 22 new flights from March 28 onwards across India

IndiGo on Thursday said it will start 22 new flights from March 28 onwards from various cities including Agartala, Bhubaneswar, Jaipur, Chennai, Bengaluru, Patna and Tirupati.

IndiGo to start Agra-Bengaluru flight to bolster regional connectivity

The airline will connect Agra to Bengaluru and Bhopal through direct flights under the RCS scheme from March 28

IndiGo recovering from Covid-19 induced aviation 'carnage' and may rehire

IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown

Indigo to reach 80% of regular domestic capacity by end of December

International flights are restricted and being run as charter operations.

IndiGo reaches 70% of its pre-Covid capacity, operating 1,000 daily flights

India resumed domestic passenger flights on May 25 after a gap of two months due to the coronavirus-triggered lockdown.

What aviation gloom? IndiGo prepares a mega order of 150 aircraft engines

Operated by InterGlobe Aviation Ltd., IndiGo is the world's biggest customer for jets in the A320neo family, with as many as 730 on order

InterGlobe Aviation Q2 loss widens to Rs 1,194 cr; revenue declines 64.5%

InterGlobe Aviation which operates the country's largest airline, IndiGo, saw its revenue decline 64.5 per cent year on year to Rs 3029 crore in the September-end quarter

IndiGo bucks trend, pays performance-linked bonus to lowest-rung staff

Airline had resorted to pay cuts and had laid off 10% staff when the going was tough; The incentives, withheld earlier, are being given to those with basic pay of up to Rs 50,000

Airlines in India seek $1.5 bn in interest-free credit line, says govt

Carriers are also seeking to defer loan repayments by six months, aviation minister tells Parliament.

Indigo shares gain as analysts upgrade stock from 'sell' to 'buy'

The analysts expect Indigo's earnings per share (EPS) to improve to Rs 71 in FY22