Page 5 - Indigo Airlines

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

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.

Covid-19 impact: IndiGo shuts bookings till May 31 after DGCA order

A formal ban on forward bookings from the aviation regulator came after a tweet from Civil Aviation Minister Hardeep Singh Puri

Coronavirus: IndiGo offers its aircraft, crew to ferry medicine, equipment

India has banned international commercial passenger flights for a period of one week from Sunday. Moreover, domestic flights have also been suspended from Tuesday midnight

Employees shunned by people due to line of duty, travel history: IndiGo

"There are some instances when our employees have been ostracised from their communities as a result of their line of duty and travel history," IndiGo said in a statement.

Coronavirus: IndiGo grounds planes, cuts salary by 10-20% as revenue drops

"Governments across the globe have issued travel advisories which have resulted in a virtual shutdown of all our international flights," said an airline official on Thursday.

Drop in demand due to travel curbs may stall airline revenues in Q4

Sharp fall in crude oil prices, however, is a positive

IndiGo gives profit warning following dip in bookings over Coronavirus

Flight occupancy dropped on domestic routes as individuals and companies canceled events and postponed travel

IndiGo, GoAir to replace 180 unmodified PW engines by May 30: DGCA

IndiGo and GoAir have 106 and 43 A320neo aircrafts, fitted with PW engines, respectively. Post the induction of the aircraft into service, there have been a number of incidents of snag in the engines.

Air India sale: Non-commitment to protect global routes a deal dampener?

Govt will retain Air India's international bilateral flying rights for only six months which may dis-incentivise potential buyers if the rights are re-allocated to other airlines after that

IndiGo to start daily direct flight on Delhi-Dammam route from March 10

The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi

IndiGo pilot contests ban on Kunal Kamra; Puri says 'will go beyond rules'

The pilot said he was disheartened that the airline didn't consult him and took a decision based solely on social media posts

IndiGo slips 2% after shareholders reject Gangwal's special proposal at EGM

The resolution primarily failed after co-founder Rahul Bhatia's Interglobe Enterpise's voted against it. The Bhatia family and Inter-Globe Enterprises (IGE) together own 38.23 per cent.

Coronavirus: Air India, IndiGo join global peers to suspend China flights

The airlines saw a large number of cancellations impacting loads.

IndiGo shareholders reject Gangwal's resolution to amend company's AoA

Gangwal had sought removal of articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right'

IndiGo cancels flights to Chengdu, Hong Kong due to coronavirus outbreak

The low-cost carrier said that for now, it will continue to operate the Kolkata-Guangzhou flight which it is "monitoring on a daily basis"

IndiGo may hit air pocket in March qtr amid lean season, coronavirus threat

The company also announced redesignating Ronojoy Dutta its whole-time director and CEO

Don't see board room issues impacting performance: Hardeep Puri on IndiGo

The government on Monday issued a Preliminary Information Memorandum (PIM) for 100 per cent stake sale in Air India

IndiGo Q3 result: Net profit jumps 168% YoY at Rs 496 cr, revenue rises 25%

On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).

IndiGo Q3 preview: PBT may rise 48% YoY, commentary on A320neo engines eyed

For the recently concluded quarter, analysts at Centrum Broking see the profit declining 7.7 per cent to Rs 176.3 crore primarily "due to lower net fleet addition and higher fuel costs".