IndiGo signs for 300 A320neo Family aircraft
NEW DELHI: India’s IndiGo has placed a firm order for 300 A320neo Family aircraft. This marks one of Airbus’ largest aircraft orders ever with a single airline operator. This latest IndiGo order comprises a mix of A320neo, A321neo and A321XLR aircraft. This will take IndiGo’s total number of A320neo Family aircraft orders to 730. “This […]
IndiGo reports biggest quarterly loss, cuts expansion targets
By Sachin Ravikumar, Aditi Shah BENGALURU/NEW DELHI: India’s biggest airline IndiGo reported its biggest ever quarterly loss on higher maintenance costs and cut capacity expansion targets, at a time when the industry is grappling with slowing passenger growth in a sluggish economy. IndiGo parent InterGlobe Aviation Ltd’s net loss grew to 10.66 billion rupees ($150 […]
IndiGo to fly to Hanoi from Kolkata
NEW DELHI: IndiGo is set to launch daily direct flights between Kolkata and Hanoi from October 3, making the Vietnam capital the fifth Southeast Asian destination in the airline’s network, the low-cost carrier announced on Tuesday. The flight to Hanoi (6E 1398) will take off from Kolkata at 12.40 pm and the return flight (6E […]
Government seeks explanation from IndiGo on issues raised by Rakesh Gangwal
NEW DELHI: The government of India has sought explanations from InterGlobe Aviation (IndiGo’s parent firm), on allegations of corporate governance lapses raised by co-founder and promoter Rakesh Gangwal. In a filing to the stock exchanges, the company on Thursday said it received a communication on Wednesday from the Ministry of Corporate Affairs (MCA) regarding the […]
IndiGo enters China, to start flights on Delhi-Chengdu route from September 15
NEW DELHI:Announcing its entry into the Chinese market, low-cost carrier IndiGo Wednesday said it will start its daily non-stop flight on the Delhi-Chengdu route from September 15 onwards. William Boulter, Chief Commercial Officer, IndiGo said,”This is truly a milestone moment for all of us at IndiGo. India is witnessing a much higher growth rate with […]
IndiGo announces special summer sale, fares start as low as Rs 999
NEW DELHI: IndiGo on Tuesday announced a four-day special summer sale across its network for the travel period between June 16 and September 28. “Effective June 11, 2019 till June 14, 2019, IndiGo is offering customers all-inclusive fare starting at Rs 999 across domestic and Rs 3,499 across international sectors. This sale is valid for […]
IndiGo Q4 profit jumps 5-fold to Rs 589.6 crore
NEW DELHI: InterGlobe Aviation, the parent company of IndiGo airline, on May 27 reported a five-fold jump in profit after tax to Rs 589.6 crore for the January-March quarter compared to Rs 117.6 crore in the corresponding period of 2017-18. The carrier’s total income rose by 35.5% to Rs 8,259.8 crore in the quarter ended […]
IndiGo launches Delhi-Istanbul flight; plans for wider global expansion
By Deepak Patel ISTANBUL: India’s budget carrier IndiGo has launched its flight on the Delhi-Istanbul sector and announced to use its expanding fleet of A320neo and A321neo aircraft to connect more Indian cities to countries such as China, Vietnam, England, Myanmar and Saudi Arabia. William Boulter, Chief Commercial Officer of IndiGo said Wednesday here, “We […]
IndiGo announces 3-day Holi sale
NEW DELHI: IndiGo airlines on Tuesday announced a three-day special Holi sale across its domestic and international network for travel between March 19 and September 28. “Effective March 05, 2019 till March 07, 2019, IndiGo is offering all-inclusive fare starting at Rs 899 across domestic and Rs 3,399 across international sectors. This sale is valid […]
IndiGo appoints Ronojoy Dutta as CEO, Meleveetil Damodaran as chairman
NEW DELHI: Aviation veteran Ronojoy Dutta has been appointed as Chief Executive Officer (CEO) of IndiGo for a period of five years as it plans a major international expansion this year, the low-cost airline announced Thursday. M Damodaran, former Chairman of Securities Exchange Board of India (SEBI), has been appointed as chairman of the Indigo’s […]
IndiGo gets its first longer range A321neo plane
MUMBAI: Budget carrier IndiGo has become the first domestic airline to have longer range Airbus A321neo plane in its fleet with the first aircraft arriving Saturday morning in New Delhi from the European aviation major Airbus’ Hamburg facility in Germany, an airline source said. The maiden A321neo (new engine option), VT-IUA, landed at 9.06 am […]
Indigo signs codeshare agreement with Turkish Airlines
NEW DELHI: To expand its international footprint, IndiGo announced Friday that it has entered into its first codeshare agreement with Turkish Airlines, allowing either of the airlines to book seats for its passengers on each other’s flight. Moreover, Indigo — which is the largest airline in India by market share — also signed a “mutual […]
IndiGo, SpiceJet, Jet Airways face credit rating revisions as costs spiral
NEW DELHI: Listed carriers — IndiGo, SpiceJet and Jet Airways — have seen this month downgrading of credit rating assigned to some of their loan facilities as they grapple with rising expenses and limited room to hike fares amid intense competition. Despite being one of the fastest growing domestic aviation markets in the world, local […]
IndiGo announces flights to Male, Phuket
NEW DELHI: Budget carrier IndiGo on Saturday announced expansion of its overseas network with the launch of flight services to Male and Phuket from next month. Male will be connected with Mumbai, Bengaluru and Kochi, while services to Phuket will be operated from Delhi, IndiGo said in a release. IndiGo’s announcement comes ahead of GoAir’s […]