All IndiGo articles – Page 2
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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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News
IndiGo 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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News
Airline 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.
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News
American Airlines to codeshare with India’s IndiGo
American Airlines intends in October to begin codesharing with Indian low-cost carrier IndiGo, a partnership aligning with American’s planned launch of flights to the counry.
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News
Covid-19 charters to inform IndiGo’s future international plans
Indian low-cost carrier IndiGo will use knowledge gained through international charters during the coronavirus pandemic to help reboot its international network.
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News
Coronavirus hammers IndiGo earnings in 2021
Indian low-cost carrier IndiGo slumped to an operating loss of INR4.6 billion ($63 million) for its 2021 financial year, compared with an operating profit of INR56 billion a year earlier.
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News
IndiGo solidifies CFM position with Leap-1A deal for over 300 jets
Indian budget carrier IndiGo has selected the CFM International Leap-1A to equip another 310 Airbus A320neo-family aircraft. It operates A320neo and A321neo aircraft with both the Leap-1A and the rival Pratt Whitney PW1100G powerplant. But the selection of 620 new engines – plus spares – cements ...
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News
IndiGo to introduce four A321P2Fs from early 2022
India low-cost carrier IndiGo plans to induct four Airbus A321P2Fs as it seeks to beef up its cargo fleet.
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News
IndiGo, AFI KLM E&M renew A320 component MRO contract
Indian low-cost carrier IndiGo has extended a component support contract with European MRO Air France Industries KLM Engineering Maintenance (AFI KLM E M) for its Airbus A320 family aircraft. The multi-year contract covers more than 350 aircraft, and includes component MRO services, dedicated component pool access, as ...
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News
Two forces create toxic mix for Indian airlines: IndiGo chief
IndiGo chief executive Ronojoy Dutta maintains that low fares and high taxes can be a fatal mix for airlines operating domestically in India.
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News
IndiGo narrows losses in third quarter
Indian low-cost carrier IndiGo posted another loss in the third quarter of its financial year as revenues slumped by half on capacity cut 40%, though figures did mark some improvement on the previous quarter. In a stock-market announcement today, the airline’s parent Interglobe Aviation disclosed a pre-tax loss of ...
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Analysis
Indian airlines brace for transformational 2021
Three major themes will shape India’s airline sector this year: vaccinations, a battle for survival at India’s smaller carriers, and consolidation.
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News
IndiGo aims to raise up to Rs40bn through equity placement
Low-cost carrier IndiGo’s parent Interglobe Aviatoin has outlined plans to raise up to Rs40 billion ($533 million) through a planned institutional placement.
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News
Indian carrier IndiGo lays off 10% of staff
Indian airline IndiGo is cutting 10% of its workforce due to the pandemic-induced industry downturn, saying cost cutting has been insufficient to prevent a companywide contraction.
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Interview
IndiGo gains momentum with India domestic opening
Indian low-cost carrier IndiGo is steadily building back its passenger business after nearly two months on the ground amid the coronavirus pandemic.
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News
Covid-19 pushes IndiGo to fourth-quarter net loss
Indian low-cost carrier IndiGo slipped to a net loss of Rs8.7 billion ($116 million) in its fiscal fourth quarter, from a near-Rs6 billion net profit a year ago, as Covid-19 flight restrictions “significantly impacted” revenue.
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News
India’s Indigo distances itself from shareholder move for Virgin Australia
The parent of Indian carrier Indigo Airlines has distanced itself from a move by its biggest shareholder InterGlobe Enterprises expressing interest in Virgin Australia.
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In depth
IndiGo has most new aircraft at risk among Indian carriers
IndiGo has, among compatriot airlines, the highest number of new aircraft deliveries at risk as India began a three-week lockdown today.
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News
Late action on weak flare preceded IndiGo A320 hard landing
Indian investigators believe inadequate flare by the first officer of an IndiGo Airlines Airbus A320 led to a hard landing by the twinjet at Raipur. The aircraft (VT-IGK), arriving from Delhi, had been conducting an ILS approach to runway 24 with the first officer – who was undergoing supervised ...
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News
IndiGo shareholders reject move to change stock sale rules
Shareholders at the parent of India’s biggest carrier IndiGo today voted against a proposal to ease rules around the sale and acquisition of shares, the latest development in a power struggle between its two founding shareholders.
