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InterGlobe Aviation News
No need to worry! Indigo to see no impact on profits from this new standard
Tue, Jun 25, 2019
According to an expert, "Ind-AS 116 related changes will not impact Indigo’s cash profits, cash flows and growth strategy. There may, however, be a change in future reported profits...."
Looking for money making stock? What experts said about Interglobe Aviation (IndiGo) shares
Tue, May 28, 2019
Interglobe Aviation has announced its Q4FY19 result and it showed profits jumping by a whopping 401.2% to Rs 589.6 crore compared to a year ago same period!
IndiGo owner Interglobe Aviation's shares tumbled 9% on airline founder feud
Thu, May 16, 2019
IndiGo owner Interglobe Aviation's shares tumbled 9% on Thursday after a report that the co-founders and two largest shareholders of India`s largest airline were at odds.
New IndiGo chief Ronojoy Dutta says airline playing critical part in nation building
Fri, Jan 25, 2019
The airline is preparing for expansion in overseas markets and has announced daily direct flight from Delhi to Istanbul starting from March 20.
How to become rich: This stock set for 27% return in 12 months, experts give buy call
Thu, Jan 24, 2019
Such upbeat in Indigo was surprising considering the airline's net profit had plummeted massively during December 2018 (Q3FY19) quarter.
Interglobe Aviation (IndiGo) Q3 Results: From fuel prices to weak rupee, what all played spoilsport to nosedive profit massively by 75%
Wed, Jan 23, 2019
For weak Q3FY19 profitability, Indigo blamed high fuel prices and currency depreciation.
Indigo offers tickets at Rs 1,999 on these destinations; Is the airfare really cheap?
Fri, Nov 30, 2018
A customer can travel between Hyderabad and Bhopal at just Rs 1,999. The same price is levied on flights between Jabalpur and Hyderabad.
Aviation: Domestic carriers may need Rs 350 billion capital in 3-4 years, says report
Fri, Nov 30, 2018
Significantly, all the three listed airlines, Jet Airways, InterGlobe Aviation-run IndiGo and SpiceJet, are currently in red.
This is how IndiGo made your flight ticket expensive; Twitter amused, asks how much for arm-rest, lights?
Tue, Nov 27, 2018
It comes as a blow especially to those passengers who make regular booking via Indigo flight, as the airfare now becomes that much more expensive for them.
IndiGo Chairman Devadas Mallya passes away
Sun, Nov 25, 2018
InterGlobe Aviation, which operates the country's largest airline IndiGo, Sunday said its Chairman Devadas Mallya Mangalore passed away in the morning.
Fare-tastic Winter sale! Indigo offers air tickets at just Rs 899
Fri, Nov 23, 2018
Booking window for this offer is open from November 21, and will be available for five days period. This means, you need to hurry up if you plan a vacation, as the offer ticket window will be closed on midnight of November 25.
Indigo shocks after horror Q2FY19 result, makes massive move; Should you buy?
Thu, Oct 25, 2018
Indigo shocked everyone by registering one of the worst days in its history and yet today it has surprised all equally!
Aviation: Indigo CEO Rahul Bhatia wants staffers to help cut costs
Thu, Oct 25, 2018
Bhatia, in an e-mail to the employees, also expressed "disappointment" at the financial performance, but said he was confident of success going forward. "We all have to sharpen our act even more and continue to focus on lowering our costs and providing on-time, courteous and hassle-free service that is essential for IndiGo to keep winning," Bhatia said.
Aviation: IndiGo flies into Rs 652.1 cr loss; blames fuel, rupee and rivals
Wed, Oct 24, 2018
Higher fuel prices are responsible for more than half of the profitability decline and remaining is due to currency depreciation and lower yields, said IndiGo's parent InterGlobe Aviation.
What went wrong with Indigo? The share price cracks new low, plunges by 11%; should you buy?
Tue, Oct 09, 2018
The company even cracked a new low of Rs 697 per piece resulting in overall decline of 11% on Sensex.
IndiGo to use cash 'wisely' amid uncertainties in aviation sector
Sat, Aug 11, 2018
IndiGo's parent InterGlobe Aviation today said it would utilise cash "wisely" and weather the current storm in the aviation sector even as it indicated that hiking airfares could become counter productive.
Indigo share price plunges; should you buy?
Tue, Jul 31, 2018
At around 13:09 hours, the share price of Indigo was trading at Rs 920.20 per piece down by Rs 84.05 or 8.37%, however, the airline had touched a new low of Rs 891.07 per piece today.
IndiGo's Rahul Bhatia: Unhappy about Pratt & Whitney engine issues
Tue, Jul 31, 2018
Currently, five of its A320 Neos are grounded for want of spare P&W engines. Besides, the airline grounded one more A320 Neo after it was found that the rear of the engine was damaged besides the damage to the turbine blades on its landing in Coimbatore from New Delhi on July 25.
Indigo’s Q1FY19 PAT declines by 97%; misses analysts estimate
Mon, Jul 30, 2018
The share price of Indigo has been trading on a negative note and has dropped so far over 1% on exchanges.
IndiGo, Punjab National Bank among key stocks trending on Dalal Street today
Tue, Jul 24, 2018
Vodafone India and Idea Cellular and are likely to pay up the Rs 7,268 crore in dues towards spectrum charges demanded by the government to get final nod from the Department of Telecommunications (DoT) as any recourse to litigation would mean potential delay in the $23 bn merger.