All IndiGo articles – Page 3
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Airline BusinessIndiGo 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.
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NewsAmerican 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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NewsCovid-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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NewsCoronavirus 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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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.