All IndiGo articles – Page 4
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NewsIndiGo 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 CFM as the ...
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NewsIndiGo 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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NewsIndiGo, 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 well as a ...
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NewsTwo 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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NewsIndiGo 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 Rs6.2 ...
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Airline BusinessIndian 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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NewsIndiGo 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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NewsIndian 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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Airline BusinessIndiGo 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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NewsCovid-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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NewsIndia’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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Airline BusinessIndiGo 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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NewsLate 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 line ...
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NewsIndiGo 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.
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NewsPratt & Whitney works to clear GTF retrofit backlog
Pratt & Whitney is still working through a retrofit effort to fix the three major issues afflicting PW1000G-series engines, but expects the activity to be concluded this year.
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NewsIndiGo eyes international growth as Q3 profit more than doubles
IndiGo will focus on increasing capacity on routes outside its home market to ensure an even split between international and domestic services, after facing strong competition from other low-cost carriers within India.
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NewsIndiGo to add low-cost Doha and Dubai services from Kolkata
Indian low-cost carrier IndiGo is set to launch Doha and Dubai services from Kolkata in the coming weeks, bringing low-cost competition to the routes.
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NewsIndiGo parent calls EGM as co-founder seeks to ease share rules
IndiGo Airlines parent Interglobe Aviation has called an extraordinary general meeting for 29 January to consider a proposal by one of its co-founders to amend its articles of association covering rules around the sale and acquisition of shares by its two major shareholders.
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IndiGo becomes latest IATA member
IndiGo has received its IATA membership certificate, becoming the fourth Indian airline and the second low-cost operator from the country to join the association.
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China, India lead Asia-Pacific deliveries in October
Airlines in the Asia-Pacific received 46 of the 105 new commercial airliners delivered during October, with China and India taking the lion’s share of new aircraft.