All IndiGo articles – Page 2
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NewsIndiGo to launch venture capital arm
IndiGo is seeking regulatory approval for the launch of a venture capital arm.
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NewsBuoyant IndiGo reports record quarterly profit and passenger numbers
IndiGo recorded its highest-ever quarterly revenue of Rs172 billion ($2.1 billion) during the April-June period, powering it to a record net profit of Rs31 billion.
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Airline BusinessGrand statement from India’s airlines at Paris air show
This week’s Paris air show saw the Indian airline market take more steps towards the much-desired maturity that will enable its carriers to capitalise on the country’s growth potential, as they dominated proceedings with firm orders for more than 1,000 jets.
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NewsIndiGo orders 500 Airbus single-aisle jets
As if playing catch-up for lost time, Airbus marked the return of the Paris air show with an opening agreement for 500 firm A320neo-family aircraft from Indian budget carrier IndiGo. IndiGo chief Pieter Elbers says the aircraft will ”bring us well into the next decade” with delivery over 2030-35. “No-one ...
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q1 2023
Key data from the most-recent Asia-Pacific earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsElbers sees IndiGo topping 100m annual passenger mark in early 2024
Indian low-cost operator IndiGo is committed to “further internationalisation”, its chief executive Pieter Elbers says, as it expects to carry 100 million passengers by early 2024.
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NewsIndiGo operating with at least 10% of fleet grounded by P&W engine issues
IndiGo continues to take mitigation measures to counter at least 10% of its fleet consistently being grounded by issues relating to the Pratt & Whitney engines that power a significant proportion of its aircraft.
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NewsIndiGo reports record Q4 profit as currency weighs on full-year result
Indian low-cost carrier IndiGo continued on a “path of profitability” in its fiscal fourth quarter, as it achieved a record net profit for the period of Rs9.19 billion ($111 million).
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q4 2022
Key data from the most-recent Asia-Pacific earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessIndian airlines seek stronger footholds as boom beckons
More evidence emerged this week of India’s airline market being a hotbed of activity, as a host of executives spoke at an industry event.
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NewsTurkish Technic rolls out first Boeing 777 in IndiGo colours
Turkish Technic has shown off in IndiGo colours the first of a pair of high-density Boeing 777-300ERs that the Indian carrier is wet-leasing from Turkish Airlines.
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NewsUpbeat IndiGo chief welcomes Tata consolidation of Indian airline industry
IndiGo chief executive Pieter Elbers believes Tata Group’s involvement in India’s airline industry is a positive development for all of the country’s carriers, given the maturity it will bring to the market
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NewsIndiGo reports profitable end to 2022 as revenue surges
Low-cost carrier IndiGo recorded record revenue during the three months ending 31 December 2022, helping it to its first net profit since the same period in 2021.
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NewsTurkish Airlines to take ultra-high-density 777-300ERs for IndiGo wet-lease
Turkish Airlines has signalled its intent to operate two ultra-high-density Boeing 777-300ERs as part of a wet-lease deal with codeshare partner IndiGo
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Airline BusinessAircraft maintenance delays threaten to become 2023 theme
Kenya Airways this week became the latest airline to bemoan the impact of MRO delays on its ability to operate a full schedule – a global trend that could weigh on airline capacity in 2023.
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Airline BusinessAirline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world
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Airline BusinessAirline Business performance tracker: Asia-Pacific Q3 2022
Key data from the most-recent Asia-Pacific earnings period – the third quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessHow enlarged Air India sets up two-horse race in Indian market
The consolidation of Tata Group’s airline units stands to transform India’s airline sector, and ratchet up the pressure on smaller carriers.
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NewsIndiGo still cool on hedging despite fuel and currency challenges
IndiGo remains unconvinced that fuel and foreign exchange hedging would be beneficial to the business, despite such costs weighing heavily on its financial performance in its fiscal second quarter.
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NewsIndiGo finalising wet-lease deal to offset aircraft delivery delays
Indian low-cost carrier IndiGo is close to securing wet-lease capacity as global supply-chain challenges weigh on aircraft deliveries.