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InterGlobe Aviation

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

Sun, Oct 27, 2024

InterGlobe Aviation—the country's largest airline by passengers carried—has reported a consolidated net loss of Rs 987 crore for the July-September period, impacted by higher fuel costs and a number of groundings.

OMCs, Aviation and QSR stocks in focus: Here's why

OMCs, Aviation and QSR stocks in focus: Here's why

Tue, Oct 01, 2024

Airline, QSR stocks are in focus after the OMCs slashed the price of ATF and simultaneously increased the rate of cylinder.

IndiGo nominates Isidro Porqueras as Chief Operating Officer

IndiGo nominates Isidro Porqueras as Chief Operating Officer

Thu, Sep 26, 2024

Isidro Porqueras will succeed Wolfgang Prock-Schauer, who has been successfully leading the operations at IndiGo for the past seven years (since 2018), according to IndiGo.

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IndiGo passenger assault: My colleagues were trying to act in the best interest of Mr. Katyal, says President of InterGlobe Aviation

IndiGo passenger assault: My colleagues were trying to act in the best interest of Mr. Katyal, says President of InterGlobe Aviation

Wed, Nov 08, 2017

After the video of an IndiGo passenger being assaulted by airline personnel was published on social media the company has issued a background report to the Ministry of Civil Aviation.

InterGlobe Aviation's net profit quadruples in Q2

InterGlobe Aviation's net profit quadruples in Q2

Tue, Oct 31, 2017

Net profit came in at 5.52 billion rupees ($85.26 million during the quarter ended Sept. 30 while revenue from operations grew about 27% to 52.91 billion rupees.

InterGlobe Aviation to seek shareholders' nod for giving loans

InterGlobe Aviation to seek shareholders' nod for giving loans

Fri, Oct 13, 2017

InterGlobe Aviation, which runs budget carrier IndiGo, will seek shareholders' approval to provide loans and guarantees, among others, worth up to Rs 10,000 crore to entities, according to a regulatory filing.

InterGlobe Aviation's share sale to fetch up to Rs 3,945 crore

InterGlobe Aviation's share sale to fetch up to Rs 3,945 crore

Thu, Sep 14, 2017

The company would offload up to 3.36 crore shares to eligible qualified institutional buyers on September 15 and the price band for the share sale has been fixed at Rs 1,1251,175 apiece, according to notices on the stock exchanges.

Interglobe Aviation's Q1 net profit at Rs 811 crore; sees 20% rise in capacity ahead

Interglobe Aviation's Q1 net profit at Rs 811 crore; sees 20% rise in capacity ahead

Mon, Jul 31, 2017

The company recorded net profit of Rs 811.1 crore, rising by 37.07% compared to Rs 591.7 crore recorded in the corresponding period of the previous year. It has surpassed estimates in both revenue and PAT.

Indigo flight from Mumbai to Delhi makes emergency landing at Ahmedabad airport

Indigo flight from Mumbai to Delhi makes emergency landing at Ahmedabad airport

Wed, Jul 19, 2017

An Indigo Airlines flight 6E 3612 from Mumbai to New Delhi on early morning of July 19, 2017 made an emergency landing at Ahmedabad airport.

IndiGo says keen only on Air India's international and low-cost units

IndiGo says keen only on Air India's international and low-cost units

Thu, Jul 06, 2017

IndiGo, owned by InterGlobe Aviation, last week expressed unsolicited interest in buying a stake in state-owned Air India.

IndiGo plane engine catches fire, 174 passengers, crew unhurt

IndiGo plane engine catches fire, 174 passengers, crew unhurt

Fri, Jun 30, 2017

Passengers on board a Delhi bound IndiGo flight from the Bihar capital on Friday evening had a narrow escape after the plane`s "engine caught fire" while taxiing for take off and the aircraft suffered a tyre burst when the pilot applied the emergency brakes, officials said.

Indigo shareholders bring stocks down 3% as company explores Air India bid

Indigo shareholders bring stocks down 3% as company explores Air India bid

Thu, Jun 29, 2017

Ashok Gajapathi Raju, Minister for Civil Aviation said, "Indigo airlines has sent it's expression of interest for Air India."

After SpiceJet, Indigo brings Monsoon special offer with airfares starting at Rs 745

After SpiceJet, Indigo brings Monsoon special offer with airfares starting at Rs 745

Wed, Jun 28, 2017

Airlines are all set with monsoon special sale. Indigo has announced monsoon special sale with airfares starting at Rs 745.

Indigo, SpiceJet, Vistara, GoAir and Jet Airways bring best deals for entire monsoon

Indigo, SpiceJet, Vistara, GoAir and Jet Airways bring best deals for entire monsoon

Wed, Jun 14, 2017

As the monsoon season begins, the low-cost carriers have given you the best reason to step out of the rain with best deals on air tickets to as cheap as Rs 799.

Airliners last quarter results show that your flight ticket prices may rise

Airliners last quarter results show that your flight ticket prices may rise

Tue, Jun 06, 2017

With the GST coming in, volatility in crude prices ahead, low cost carries take on fare prices will be key thing to watch. Q4FY17 was mostly negative for Jet Airways, SpiceJet and Indigo on the back of low fares, ATF prices and demonetisation.

IndiGo net profit falls 24%; to buy 50 new planes

IndiGo net profit falls 24%; to buy 50 new planes

Tue, May 09, 2017

Interglobe Aviation parent company of IndiGo on Tuesday announced its financial results for the quarter ending March 31 that recorded a fall in standalone net profit by 24.5%.

Airline stocks fly as global oil prices soften

Airline stocks fly as global oil prices soften

Tue, May 09, 2017

Lower crude oil prices comes as an opportunity for aviation firms, as they expect reduction in jet fuel prices which accounts for nearly 50% of airlines' operating cost. There are directly linked with international crude prices.

IndiGo to announce Q4 tomorrow; shares fly high

IndiGo to announce Q4 tomorrow; shares fly high

Mon, May 08, 2017

The company is set to announce its financial result for the quarter ended on March 31 tomorrow.

Summer Special: Indigo offers three-day sale for airfares at Rs 899

Summer Special: Indigo offers three-day sale for airfares at Rs 899

Mon, May 08, 2017

A passenger can travel domestic destinations including Mumbai-Goa, Ahmedabad-Mumbai, Chennai-Port Blair, Guwahati-Hyderabad, Mumbai-Guwahati, Jammu-Amritsar, Delhi-Udaipur, Kolkata-Agartala among many others.

Q4FY17 review: Low fares, higher fuel cost to impact profitability of airlines

Q4FY17 review: Low fares, higher fuel cost to impact profitability of airlines

Wed, Apr 12, 2017

Ansuman Deb, Research Analysts of ICICI Securities said, “Q4FY17 is likely to be the bottom for airline margins as cost tailwinds come back from Q1FY18. As such, valuations will not depend on this quarterly performance. Yet, Q4FY17 will provide insights to how airlines fare in a relatively adverse scenario in their ability to pass on higher costs. ”

Aviation stocks fly high as Delhi govt cuts ATF tax to 1%

Aviation stocks fly high as Delhi govt cuts ATF tax to 1%

Wed, Mar 08, 2017

AAP-government tabled the Delhi budget for 2017-18 today.

BCAS suspends IndiGo's security training centre licence

BCAS suspends IndiGo's security training centre licence

Sun, Feb 05, 2017

BCAS has suspended the licence of IndiGo's aviation security training centre on Friday after several lapses were detected in the examination procedure that it was following. This is a serious issue, the sources said.

InterGlobe Aviation's Q3 net profit down 25% to Rs 487 crore

InterGlobe Aviation's Q3 net profit down 25% to Rs 487 crore

Tue, Jan 31, 2017

Aditya Ghosh, Whole-time Director of Indigo said, "We have reported yet another profitable quarter despite lower yields and higher fuel prices. We see robust traffic ahead and we will continue to grow and strengthen our network with a view to maximizing our long term profitability.

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