IndiGo had earlier in three tranches placed orders for 530 Airbus planes between 2005 and 2015
The order was issued after the airline reported three incidents of in-flight engine shut-downs on the A320 (Neo) fitted with Pratt-Whitney (PW) engines on three consecutive days between October 24 and
Despite warnings from aviation experts, IndiGo is taking small but confident steps into foreign sectors
Competitive pressure has forced to estimate weak revenue growth
With marginal improvement seen in Q3 dampened by the economic slowdown and weak demand, brokerages have slashed target prices
The airline will continue to make provision for aircraft maintenance for the next two quarters
According to a release, InterGlobe Aviation's total income rose 31 per cent to Rs 8,539.8 crore in the second quarter of the current fiscal
Analysts at Prabhudas Lilladher, however, expect a higher revenue at Rs 8,364.7 crore, up 35.2 per cent YoY, on the back of increased international operation
IndiGo has launched services to four destinations in China and Vietnam in the last month alone
A senior DGCA official said the licences have been suspended for three months starting from September 3
Change in board structure positive; consensus on RPT policy key factor
On August 30, the aviation regulator had said it was keeping a tab on the issues related to the PW engines in the Airbus A320neo planes and that it would act when warranted
IndiGo's operations at the city airport were hit hard with the carrier cancelling many flights on Wednesday following incessant rains in the city
Resolution will come up for approval at the company's AGM on Tuesday
SpiceJet will shift its operations entirely while IndiGo will move partially from T2 to T3. Delhi International Airport Limited said, it is carrying out expansion work at T2
The aircraft returned to bay for requisite checks after the pilot observed a 'momentary caution message', the airline said
Sebi has been probing the matter since the differences between the two promoters surfaced recently over certain related-party transactions
The differences between the two promoters came into the public view after Gangwal, last month, sought markets regulator Sebi's intervention to address alleged corporate governance issues at the firm
Gangwal, his family and his family trust together own about 37% of the shares in the airline
Gangwal and Rahul Bhatia -- promoters of the country's largest airline IndiGo -- are locked in a bitter battle over alleged corporate governance lapses