IndiGo | The Asian Age

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The company's co-promoters Rakesh Gangwal and Rahul Bhatia are locked in a bitter battle, with the former seeking intervention of markets regulator Sebi to address the problems.

IndiGo shares plunge 10 per cent in early trade

The scrip dropped to Rs 1,409.20 on the BSE in early trade. On the NSE it fell to Rs 1,409.70.

10 Jul 2019 10:11 AM

Rakesh Gangwal has written a letter to markets regulator Sebi flagging governance issues at IndiGo and has accused Rahul Bhatia and his firms of indulging in questionable related-party transactions. (Representational Image)

Rakesh Gangwal flags serious governance issues at IndiGo

According to Rakesh Gangwal, the shareholders' agreement provides Rahul Bhatia unusual controlling rights over IndiGo.

09 Jul 2019 8:24 PM

In a statement, Rakesh Gangwal said his letter lists out certain serious concerns regarding governance matters at IndiGo. (Representational Image)

Sebi seeks details from IndiGo on promoter complaints

Shares of InterGlobe Aviation closed marginally lower at Rs 1,565.75 on the BSE.

09 Jul 2019 7:53 PM

In May this year, IndiGo maintained its lead position with 49 per cent share of the domestic passenger market, according to Indian aviation regulator DGCA. (Representational Image)

IndiGo employs around 50 pc of total foreign pilots working in India: Govt

As per governmant data total of 404 foreign pilots are working in India as of June 10 this year.

03 Jul 2019 7:28 PM

The passenger was deboarded after the aircraft landed at Bhubaneswar airport at 6.10 am and handed over to police. (Photo: PTI/File)

Indigo flight diverted to Bhubaneswar after passenger turns unruly

Irshad Ali, breached flight safety procedures by trying to open the door of the plane, airline sources said.

23 Jun 2019 2:31 PM

CFM LEAP engine will allow IndiGo to maintain its strong focus on lowering operating costs and delivering fuel efficiency with high standards of reliability.

IndiGo drops Pratt for CFM's jet engines in USD 20 billion order

The delivery of the first LEAP-1A-powered A320neo is scheduled in 2020.

18 Jun 2019 9:49 AM

French-US engine maker CFM International has been competing with IndiGo's existing engine supplier, Pratt & Whitney. (Representational Image)

IndiGo chooses French-US engine maker CFM International for mega order: Report

The two sides are putting finishing touches to the deal in time for an announcement at next week's Paris Airshow, sources said.

13 Jun 2019 3:31 PM

IndiGo has around 50 per cent share of the domestic passenger market, according to data of Indian aviation regulator DGCA.

IndiGo announces special summer sale, fares start as low as Rs 999

IndiGo is offering customers all-inclusive fare starting at Rs 999 across domestic and Rs 3,499 across international sectors.

11 Jun 2019 3:18 PM

SpiceJet's Ajay Singh said high taxes on ATF, certain infrastructure charges as well as high import duty on aircraft parts and services are among the factors which make the domestic aviation sector "uncompetitive". (Photo: File | ANI)

Jet failure a 'wake up call'; part of blame at doorstep of policymakers: Ajay Singh

SpiceJet plans to hire up to 2,000 staff of Jet Airways, including pilots and cabin crew. It has already taken 1,100.

04 Jun 2019 11:40 AM

We will continue to take more Jet staff in the times to come, said SpiceJet CMD Ajay Singh. (Photo: File)

SpiceJet to hire up to 2,000 Jet Airways staff, says Ajay Singh

Currently, SpiceJet has around 14,000 staff and a fleet of 100 planes.

02 Jun 2019 3:20 PM

IndiGo plans to mount 30 per cent more capacity this fiscal and half of this capacity will be added on domestic routes and the rest 50 per cent on international routes, Dutta said during a call with analysts on Monday.

IndiGo posts 5-fold rise in Q4 profit on Jet turbulence

The company had reported a net profit of Rs 117.6 crore for the January-March quarter of 2017-18.

28 May 2019 1:54 AM

GoAir had the best on-time performance followed by Air Asia, Vistara, IndiGo, and Air India. (Representational Image)

Domestic air passenger growth falls in April due to grounding of Jet Airways

The key reason was grounding of Jet Airways on April 17, which cut the total seat capacity and shrank the market.

23 May 2019 5:50 PM

IndiGo, launched in 2006, has a nearly 47 per cent market share in India.

IndiGo's co-founder not intent on taking control of company: CEO

IndiGo, SpiceJet and GoAir have been rushing to fill the vacuum left by the collapse of Jet Airways.

19 May 2019 10:25 AM

Following the plunge in the scrip, InterGlobe Aviation's market valuation dropped by Rs 5,455.89 crore to Rs 56,377.11 crore on the BSE.

InterGlobe Aviation stock tanks 9 pc amid reports of rift between promoters

The scrip tumbled 8.82 per cent to close at Rs 1,466.60 on BSE. During the day, it tanked 9.82 per cent to Rs 1,450.50.

16 May 2019 5:32 PM

The scrip tumbled 7.55 per cent to Rs 1,487.10 on the BSE and on NSE, shares tanked 7.73 per cent to Rs 1,485.75.

InterGlobe Aviation shares tank nearly 8 per cent

Promoters hold about 75 per cent stake in InterGlobe Aviation as per March quarter shareholding pattern on the BSE.

16 May 2019 12:20 PM

The routes include Delhi-Ahmedabad, Mumbai-Hyderabad, Hyderabad-Dubai, Chennai-Kuwait, Delhi-Kuala Lumpur and Bengaluru-Male among many others, IndiGo statement said.

IndiGo announces 3-day summer sale

Passengers can avail the all-inclusive fares starting at Rs 999 for travel between May 29-September 28.

14 May 2019 4:35 PM

As per GoAir, roll out of 28 additional flights covering across airports will alleviate the shortage of flights.

GoAir to expand network with 28 new flights from Apr 26

The airline announced fare as low as Rs 1,368 on select routes, said GoAir managing director Jeh Wadia in a release.

24 Apr 2019 7:55 PM

Once India’s largest private airline, Jet halted all flight operations indefinitely on Wednesday evening.

Grounded Jet Airways' shares sink, rivals race to grab airport slots

Investors punished Jet shares on Thursday, driving them down 34 per cent in their biggest intraday fall.

18 Apr 2019 5:38 PM

DGCA issued show-cause notice last week to IndiGo's chief operating officer Wolfgang Prock-Schauer and engineering head S C Gupta.

Indigo under safety audit, US-made A320 engines under scanner

The aviation regulator is also conducting a special safety audit of the airline after coming across issues.

17 Apr 2019 3:20 PM

IndiGo also said that April onwards, it will add more flights on Chennai-Trivandrum, Bengaluru-Mangalore, Bengaluru-Udaipur and Bengaluru-Chennai routes. (Representational Image)

IndiGo to start daily flights on three new routes from April

Chennai-Raipur, Hyderabad-Gorakhpur and Kolkata-Gorakhpur routes to get daily flights from IndiGo.

15 Mar 2019 4:12 PM

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Shobhaa De