All IndiGo articles – Page 2
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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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NewsletterAircraft 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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AnalysisAirline 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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In depthAirline 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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AnalysisHow 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.
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NewsIndiGo reels from currency impact as Q2 net loss hits Rs15.8 billion
Low-cost carrier IndiGo reported a net loss of Rs15.8 billion ($192 million) for the three month period ending 30 September, as currency losses and fuel costs weighed on the operator’s performance during what is seasonally its weakest quarter.
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NewsVirgin Atlantic broadens Indian reach with IndiGo codeshare
UK long-haul operator Virgin Atlantic is to extend its Indian reach through a codeshare agreement with budget airline IndiGo. The new partnership will enable onward travel from Virgin’s flights from London Heathrow to Delhi and Mumbai. It will initially cover seven cities in India, comprising Chennai, Bengaluru, Hyderabad, Kolkata, Ahmedabad, ...
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NewsGulf Air joins IndiGo in adding Ras Al Khaimah link
Gulf Air will serve its third airport in the United Arab Emirates from 3 October, when it commences flights to Ras Al Khaimah International airport.
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AnalysisAirline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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NewsletterIndia’s airline market set for string of significant changes
India’s airlines have provided plenty of talking points in recent weeks, with the country’s market promising to be one to watch as it emerges from the pandemic.
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In depthIndiGo chief expects Indian market to stay ‘rational’ on fares
Indian low-cost carrier IndiGo is not worried that new entrants into India’s domestic market will have a major impact on yields.
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NewsOmicron-hit drags IndiGo to deeper full-year loss
Indian low-cost carrier IndiGo lost Rs61.6 billion ($795 million) for the year ending 31 March 2022 after a wave of Omicron-variant Covid-19 infections hit its fiscal fourth-quarter performance.
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NewsKLM chief Elbers to lead Indian budget carrier IndiGo
Indian budget carrier Indigo Airlines has named KLM head Pieter Elbers as its new chief executive. The airline says Elbers will take up the position from 1 October, succeeding Ronojoy Dutta who is resigning from the carrier after nearly four years in charge. Elbers has served as chief of KLM ...
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NewsIndiGo co-founder Gangwal to ‘slowly reduce’ stake
Co-founder of Indian low-cost carrier IndiGo Airlines Rakesh Gangwal has stepped down from the board of the airline’s parent company as he plans to reduce his stake over the coming years.
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NewsIndiGo swings to net profit in final quarter of 2021 but Omicron hits new-year demand
Indian low-cost carrier IndiGo swung to a net profit in the three months to 31 December 2021, ending a series of loss-making quarters as the Covid-19 recovery gathers pace.
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NewsIndiGo chief welcomes competition from ‘formidable force’ of privatised Air India
The chief executive of Indian low-cost carrier IndiGo believes a privatised Air India will be a ‘formidable force’ but welcomes the move as a positive step for the country.
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NewsAirline CEOs flee forward in a post-Covid world
Airline chief executives say that for all intents and purposes the coronavirus pandemic that brought the industry to a near stand-still in 2020 has been conquered.