Page 35 - Indigo

IndiGo signs up with provider Travelport to widen sales reach

With this partnership IndiGo will distribute its tickets and ancillary products to all Travelport customers worldwide and will also use Travelport's merchandising capabilities

IndiGo seeks shareholder nod to up borrowing cap to Rs 20,000 cr

The current cap is Rs 15,000 cr

IndiGo planes avert mid-air collision

A mid-air collision between two IndiGo planes, carrying over 225 passengers and crew, was averted over Guwahati after a pilot of one of the flight steered away his aircraft to a safe distance when they came perilously close to each other. An IndiGo spokesperson said no one was injured but four passengers complained of giddiness and two cabin crew needed first aid, due to the air turbulence, which took place around the same time. The incident happened yesterday, when Mumbai to Guwahati IndiGo plane (flight 6E-813) had to climb higher about 250-300 feet after experiencing turbulance due to monsoon activity over the sub-continent. At the same time, the other IndiGo plane to Chennai (flight 6E-136) was almost on the same path, following which, the two flights came close to mid-air collision situation but timely "technical intervention" helped the pilot of one of the aircraft to control the situation and prevent the possible disaster, sources said. After receiving an alert on Traffic ..

A 'Nut Case' that ensures you 'sleep with your wife'

IndiGo began operations in August 2006, ticking all the right boxes - clean aircraft, on-time flights and reliable service

A brief history of hard landings

The internet boom fuelled the launch of online travel portals, which made bookings easier

IndiGo share drop hurts equity MFs

Funds with high allocation to airline company took a hit of over 1 per cent in single day

Two Indigo aircraft's mid-air crash averted over Guwahati

At least four passengers and two cabin crew members were shaken by the near disaster

IndiGo stock drops 11% as analysts cut profit outlook

Airline's Q1FY17 net profit dipped 7.3% to Rs 591 cr y-o-y; result below estimates both on revenue and profit

Pricing pressure, costs take wind out of IndiGo

Higher capacity addition without commensurate increase in load factors, fares impact performance

Dubai-Kozhikode flight lands in Mumbai after ruckus by passenger

However, reports of the passenger raising pro-ISIS slogans were denied

Man detained for unruly conduct on Indigo flight

Mumbai Police has denied that the passenger raised slogans supposedly hailing the Islamic State

6 IndiGo pilots under DGCA lens for clicking pics in cockpit

Family members of some IndiGo pilots posed for photographs inside the cockpit, violating aviation safety norms

IndiGo will add flights to Bangkok, Dubai

The airline's international focus will mirror its domestic strategy -- maximising frequencies at existing destinations.

IndiGo plane flew close to road; DGCA suspends license of 2 pilots

The pilots mistook a road nearby as the runway and soon after the warning, the flight made a go-around and managed to land safely

IndiGo names Rohit Philip as its new CFO

Philip, previously the corporate VP and treasurer of Xerox, will replace Pankaj Madan; he will assume charge from July 18

IndiGo appoints Rohit Philip as CFO

He is appointed as the Chief Financial Officer and Key Managerial Personnel of the company

IndiGo suspends Srinagar ground staff for security breach

The suspension came after investigations proved that the chief security officer of the airport had breached security

IndiGo to add 10 more flights

With the addition of these new flights, the total number of flights operated by the budget carrier per day will go up to 773.

IndiGo yet to fully pass on gains from cheap fuel

Amid rising concerns over higher airfares despite fall in oil prices, no-frills airline IndiGo has acknowledged that it is not "passing on all" the benefits accruing from lower fuel costs to the customers. The steep fall in international crude oil prices in recent times has provided a boost for airlines as ATF (Aviation Turbine Fuel) costs account for over 40 per cent of a carrier's total operating costs. IndiGo President and Whole Time Director Aditya Ghosh said the airline continues to use the low cost fuel opportunity to lower fares and register strong increases in passenger numbers. However, the full benefits of fall in fuel prices are not passed on to the customers, he said. "If you look at fourth quarter (January-March 2015-16), then fuel prices came down 29.5 per cent whereas the average fares came down I think above 15.2 per cent. "So clearly, we are not passing on all of its back to the customers, but of course the lower fuel prices and the lower average .

IndiGo slumps most in 2 months

The stock has dropped 17 per cent this year, compared to a 2.6 per cent loss for the benchmark BSE Sensex