IndiGo, Air India ramp up loyalty programmes. But they have a lot to catch up
1 month, 1 week ago

IndiGo, Air India ramp up loyalty programmes. But they have a lot to catch up

Live Mint  

India’s two largest airlines IndiGo and Air India, which dominate the near-duopoly in domestic skies, are ramping up their frequent flyer programmes to gradually build another potential revenue-generation source in a cut-throat market. Tata Group-owned Air India Group’s loyalty membership, Maharaja Club, has surged threefold to about 10 million since it completed merger with Vistara in November last year. In 2024, IndiGo had a market share of 60.5% with 99.9 million passengers, while Air India group carried 45.8 million flyers. “Both Air India and IndiGo are now scratching the surface regarding the potential opportunities," said Awtaney of founder of Live From A Lounge.

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History of this topic

IndiGo targets 200 mn fliers by 2030, but faces plane shortage
4 days, 18 hours ago

IndiGo targets 200 mn fliers by 2030, but faces plane shortage

Live Mint  

India's largest airline IndiGo expects to fly 200 million passengers annually by 2030, an 80% increase from the 113 million passengers it flew in 2024, led by its fleet expansion from 439 aircraft to 600 by the end of the decade. Top executives of InterGlobe Aviation, IndiGo's parent company, told analysts in Gurugram on Wednesday that the airline would expand …

Two different flight paths: Air India is fortifying its domestic network while IndiGo is going big on international
2 weeks, 5 days ago

Two different flight paths: Air India is fortifying its domestic network while IndiGo is going big on international

Live Mint  

Two disparate strategies, as different as chalk and cheese, adopted by the country’s two largest airlines, are playing out in Indian skies. The Tata group-owned Air India and Air India Express, have been transferring domestic routes, adding new destinations in India, and fortifying its presence across the country. The merger and close coordination between Air India and Air India Express …

IndiGo records highest market share as Air India continues to slip after merger in January
3 weeks, 3 days ago

IndiGo records highest market share as Air India continues to slip after merger in January

Live Mint  

The Indian domestic aviation market saw a traffic of 146.11 lakh in January 2025, which is 11.2 per cent higher than January 2024 and slightly lower than December 2024. The airline recorded a domestic market share of 65.2 per cent, which is the highest market share for the airline in history. The airline closed 2024 with a market share of …

Why is IndiGo share price skyrocketing despite bloodbath in Indian stock market?
1 month ago

Why is IndiGo share price skyrocketing despite bloodbath in Indian stock market?

Live Mint  

IndiGo share price: Indian low-cost carrier Interglobe Aviation shares have skyrocketed 10% in the last six sessions despite a bloodbath in the Indian stock market. Dr Ravi Singh, SVP of Retail Research at Religare Broking, noted that the stock had gained almost 10% in the last six market sessions and also mentioned that the company's January to March quarter passenger …

Why is IndiGo adding widebody planes now?
1 month, 2 weeks ago

Why is IndiGo adding widebody planes now?

Live Mint  

In what looks like IndiGo showing remarkable faith in Air India’s turnaround and growth, the airline is diving head first into the widebody game much earlier than it received its own A350s, which it ordered last year. However, these statistics take a different turn if both Air India and Air India Express are combined together and the Tata group as …

Surprise! IndiGo is wet-leasing widebodies; why is the airline doing this and will it pay off?
1 month, 2 weeks ago

Surprise! IndiGo is wet-leasing widebodies; why is the airline doing this and will it pay off?

Live Mint  

IndiGo is adding more widebody planes to its fleet much before the airline inducts its own A350s, which are scheduled for delivery in 2027 assuming Airbus can maintain the timelines. The first two aircraft are expected to join in February 2025, while four additional planes to join in September, Norse had said in its November release. Norse will be entitled …

IndiGo bets on overseas flights for growth
1 month, 3 weeks ago

IndiGo bets on overseas flights for growth

Live Mint  

IndiGo, India's largest airline by market share and fleet size, sees the next phase of growth coming in from international operations, according to its top executive. "By definition it would be a temporary solution, it's not going to be a hundred percent the exact same Indigo product, but I think we will be able to make it as close as …

IndiGo’s profit hit on account of rupee depreciation
2 months ago

IndiGo’s profit hit on account of rupee depreciation

Live Mint  

A record number of passengers flying in the October-December period helped InterGlobe Aviation, the parent company of IndiGo, report better-than-expected revenue, but a sharp fall in the rupee against the dollar hurt the profitability of the country's largest airline. As IndiGo's lease liabilities are dollar-denominated, a 2% depreciation of the rupee against the dollar in the latest quarter led to …

IndiGo Q3 result: Profit drops 18% YoY despite strong air travel demand; key highlights
2 months ago

IndiGo Q3 result: Profit drops 18% YoY despite strong air travel demand; key highlights

Live Mint  

IndiGo Q3 result: InterGlobe Aviation on Friday, January 24, reported a 18.32 per cent year-on-year drop in its December quarter net profit to ₹2,448.8 crore. Consolidated revenue from operations rose 13.7 per cent YoY to ₹22,110.7 crore from ₹19,452.1 crore in the same quarter last year. Cost comparisons IndiGo said its total income for the quarter ended December 2024 was …

IndiGo Q3 results tomorrow: What to expect and look forward to in Interglobe Aviation earnings report
2 months ago

IndiGo Q3 results tomorrow: What to expect and look forward to in Interglobe Aviation earnings report

Live Mint  

InterGlobe Aviation Ltd, the operator of IndiGo, the country's largest carrier, will declare its Q3-FY25 results on Friday, January 24. The airline closed the quarter with 273.25 lakh domestic passengers and a market share of 63.8 per cent, both being highest ever in its history. For context, Q3-FY24 had seen 243.1 lakh passengers and a market share of 62.1 per …

Air India sees a revenue goldmine in long-haul transit traffic
Trending News
2 months, 1 week ago

Air India sees a revenue goldmine in long-haul transit traffic

Live Mint  

Air India Ltd sees a lucrative opportunity in international transit traffic by flying people from North America and Europe to Asian destinations through India, expanding its share of a market dominated by foreign airlines. According to Air India data, foreign airlines enjoy a market share of 80% in long-haul transit traffic, while Indian airlines have less than 15%. "Air India …

9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone
2 months, 2 weeks ago

9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone

Live Mint  

IndiGo, India's largest carrier by fleet, has helped propel Airbus to its best-ever year yet in terms of deliveries. IndiGo’s deliveries accounted for 7.6 per cent of the total deliveries of Airbus last year. IndiGo took deliveries of 41 aircraft from Airbus in 2023, which comprised 5.6 per cent of total deliveries from Airbus in 2023. In 2022, IndiGo took …

IndiGo share price soars 5% as Elara Securities upgrades stock to ‘Buy’ from ‘Sell’. Check target price and rationale
3 months ago

IndiGo share price soars 5% as Elara Securities upgrades stock to ‘Buy’ from ‘Sell’. Check target price and rationale

Live Mint  

IndiGo share price experienced a sharp rise of 5 per cent in intra-day trade on Tuesday, December 24, driven by a bullish call from domestic brokerage Elara Securities. The brokerage house, in a report dated December 21, upgraded IndiGo’s rating to ‘Buy’ from ‘Sell’ and raised the target price to ₹5,309, indicating a 20 per cent upside from the last …

Air Traffic hits record high level, IndiGo leads the pack with 63.6 per cent share
Trending News
3 months ago

Air Traffic hits record high level, IndiGo leads the pack with 63.6 per cent share

New Indian Express  

Indian airlines carried a record 1.42 crore passengers on domestic routes in November 2024, marking the highest-ever monthly traffic. According to data from the Directorate General of Civil Aviation, domestic passenger traffic surged 12 per cent year-on-year in November to 1.42 crore, an increase from 1.36 crore in October 2024. India’s largest airline, IndiGo, achieved its highest-ever monthly market share …

Indian aviation in 2024: A year of consolidations, survival and premiumisation
3 months, 1 week ago

Indian aviation in 2024: A year of consolidations, survival and premiumisation

Live Mint  

As 2024 comes to an end, a look at the last 12 months shows how much the aviation industry in India has changed and what lies ahead. The much-delayed merger finally got all the regulatory nods, and erstwhile AirAsia India, which had become AIX Connect, folded into Air India Express to create one large Low-Cost carrier for the group. Delays …

IndiGo's 100% stock rally: What comes next?
3 months, 1 week ago

IndiGo's 100% stock rally: What comes next?

Live Mint  

Imagine this: it’s 2015, and India’s largest airline by domestic market share—IndiGo, holding nearly 35%—is preparing for its initial public offering. Improved connectivity and expanding infrastructure will not only bring more passengers into the fold but also reinforce IndiGo’s position as a market leader in India’s soaring aviation sector. Scaling with market growth: India’s aviation sector is poised for exponential …

IndiGo premium push: 45 aircraft with biz class by 2026Untitled Story
3 months, 2 weeks ago

IndiGo premium push: 45 aircraft with biz class by 2026Untitled Story

Live Mint  

Daanish Anand New Delhi Buoyed by the response to its premium class product, 'IndiGoStretch', India's largest airline IndiGo, now plans to expand its business class product to about 45 aircraft by 2026, the airline told Mint. The airline offers its premium class product on xx Airbus 321 aircraft, where xx economy seats have been removed to add x business class …

IndiGo to introduce business class seats on Delhi-Bengaluru route from THIS date | Details here
3 months, 2 weeks ago

IndiGo to introduce business class seats on Delhi-Bengaluru route from THIS date | Details here

India TV News  

Domestic carrier IndiGo has announced the launch of business class seats on select flights operating between Delhi and Bengaluru from January 10. This offering, termed as "IndiGo Stretch," marks an expansion of the airline's tailored business class service. Facilities for business class seats Customers booking business class seats on IndiGo can avail of complimentary benefits such as priority check-in, anytime …

IndiGo, a longtime Airbus customer, is now adding Boeing planes
3 months, 2 weeks ago

IndiGo, a longtime Airbus customer, is now adding Boeing planes

Live Mint  

Surprising as it may sound, the airline with the largest order book with Airbus is inducting more Boeing 737 MAX 8 aircraft into its fleet, albeit on wet-lease. It has seen the transfer of routes from the mainline carrier and also the transfer of aircraft from Air India to Air India Express. With a cost structure lower than Air India …

‘No delays here!’ — IndiGo hits back at AirHelp for ranking it among world’s worst airlines
3 months, 2 weeks ago

‘No delays here!’ — IndiGo hits back at AirHelp for ranking it among world’s worst airlines

Live Mint  

Low-cost carrier IndiGo refuted an AirHelp survey which alleged that the airline came among the worst on the basis of certain parameters including punctuality, reported the news agency PTI on Wednesday, December 4. The survey conducted compared the world's biggest and most popular airlines and rated them according to their punctuality, the airline's quality of service, and how well the …

IndiGo Denies Report Ranking It Among World's Worst Airlines
3 months, 2 weeks ago

IndiGo Denies Report Ranking It Among World's Worst Airlines

ABP News  

IndiGo has strongly denied the findings of a report that ranked it among the world's worst airlines this year. In response, IndiGo issued a statement highlighting that India’s aviation regulator, the Directorate General of Civil Aviation, releases monthly data on airline punctuality and customer complaints, stressing that the airline's performance aligns with industry standards. IndiGo further stated that the data …

IndiGo: Navigating turbulence as market leader
3 months, 2 weeks ago

IndiGo: Navigating turbulence as market leader

Live Mint  

On 17 November, India’s domestic air traffic surpassed half a million passengers in a single day for the first time, marking a milestone for the country's aviation industry. In October, the last full month with available data, India’s top airline, IndiGo, expanded its already outsized market share for the fourth straight month, to nearly match its all-time high of 63.4% …

IndiGo on being rated among world's worst airlines: Doubt survey's credibility
Trending News
3 months, 3 weeks ago

IndiGo on being rated among world's worst airlines: Doubt survey's credibility

India Today  

IndiGo, India's largest airline, has been rated among the world's worst airlines in the 2024 global rankings released by AirHelp, a European Union claims processing agency. The data published in the survey by AirHelp, an EU claim processing agency, does not report the sample size from India, and neither takes into account the methodology or compensation guidelines used by the …

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report
3 months, 3 weeks ago

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report

ABP News  

The aviation industry in India has been booming recently with demand for travel surging, however, the airlines are still struggling to increase their fares. Official data from the International Air Transport Association revealed that domestic flight prices majorly remained stagnant, often reaching close to or even below 2025 levels. The data showed that airfares have not been able to keep …

Black Friday Sale: IndiGo one-way fares from ₹1,199, Air India offers up to 20% off on domestic flights- check details
3 months, 3 weeks ago

Black Friday Sale: IndiGo one-way fares from ₹1,199, Air India offers up to 20% off on domestic flights- check details

Live Mint  

The Black Friday Sale has kicked off in India, offering savvy shoppers a great chance to snag incredible deals. Air India’s Black Friday Sale features fare reductions of up to 20 per cent on domestic flights and up to 12 per cent on international routes. In addition, Air India is continuing its long-standing discounts of up to 25 per cent …

IndiGo Dominates Domestic Air Passenger Traffic In October With 63.3 Per Cent Market Share, DGCA Data Reveals
3 months, 3 weeks ago

IndiGo Dominates Domestic Air Passenger Traffic In October With 63.3 Per Cent Market Share, DGCA Data Reveals

ABP News  

Domestic air passenger traffic in India surged in October, official data revealed. The country’s domestic air traffic climbed 5.3 per cent in October 2024 and reached 1.36 crore passengers, the latest data from the Directorate General of Civil Aviation revealed. The collective market share of Air India for the month under review stood at 19.4 per cent, while Vistara accounted …

‘6 percent discount on airfare’: IndiGo launches special offer for students, check eligibility criteria
4 months ago

‘6 percent discount on airfare’: IndiGo launches special offer for students, check eligibility criteria

Live Mint  

The low-cost carrier IndiGo has introduced a new travel program called — Student Special, which aims to make air travel more affordable and convenient for the students travelling with the airline, according to the official announcement made on Friday, November 22. IndiGo's Student Special offer is exclusive to the company's website and application, according to the official release. This is …

IndiGo and Air India are taking the battle to each other like never before
4 months, 1 week ago

IndiGo and Air India are taking the battle to each other like never before

Live Mint  

As 6E-6814 took off for Mumbai on Thursday from Delhi, IndiGo made history as it started offering dual-class seating. The flight is historic for both IndiGo and Indian aviation and comes in the same week of another historic event taking place — the merger of Vistara with Air India. Air India taking the battle to IndiGo As Vistara merged into …

One market, two models: How a Vistara-enhanced Air India will take on budget airlines like IndiGo
4 months, 2 weeks ago

One market, two models: How a Vistara-enhanced Air India will take on budget airlines like IndiGo

Firstpost  

The merger of Vistara with Air India sets the stage for a fierce battle between full-service luxury and budget-friendly options as IndiGo continues to dominate the low-cost market On November 12, 2024, the Indian aviation industry will see a major shift with Vistara, a full-service airline jointly owned by Tata Group and Singapore Airlines, merging with Air India, which is …

Connectivity, monopoly and airlines: How is winter shaping up for Indian aviation?
4 months, 2 weeks ago

Connectivity, monopoly and airlines: How is winter shaping up for Indian aviation?

Live Mint  

As the winter schedule kicks in, domestic airlines are already in expansion mode, with Air India Express expanding its services from Chennai and IndiGo opening up almost all flights on the IndiGoStretch between Delhi and Mumbai. Data shared by aviation analytics company Cirium throws up interesting statistics for November, after Vistara’s merger with Air India, the first full month of …

IndiGo's Engine Troubles: A Grounding Odyssey
4 months, 3 weeks ago

IndiGo's Engine Troubles: A Grounding Odyssey

Live Mint  

IndiGo's recovery from aircraft grounding is progressing, with the number of non-operational planes expected to decline below 60 by the end of the year and below 40 by March. The airline has seen a healthy recovery in revenue, driven by strong demand from India's growing pool of upwardly mobile passengers. However, the faulty engines have taken a toll on the …

IndiGo unveils custom-made business-class product
7 months, 2 weeks ago

IndiGo unveils custom-made business-class product

The Hindu  

In a pivot away from its all-economy cabin, IndiGo unveiled a tailor-made business-class product called “IndiGoStretch”, which will roll out on its flights from mid-November for metro-to-metro flights. The airline’s co-founder Rahul Bhatia told The Hindu that the launch will bring affordable business class travel to Indian air travellers on domestic flights. In an attempt to address concerns over IndiGo …

Indigo Airlines share price down over 3% as Interglobe Enterprises plans to offload stake worth $394 million
9 months, 2 weeks ago

Indigo Airlines share price down over 3% as Interglobe Enterprises plans to offload stake worth $394 million

Live Mint  

Interglobe Enterprises Private Ltd, led by Rahul Bhatia, is set to sell stake worth $394 million in Interglobe Aviation, the parent company of Indigo Airlines, through a block deal, Moneycontrol reported citing multiple sources, putting the focus on its share price. The Interglobe Aviation share price was trading in red, down 3.31 per cent at ₹4411.50 on June 11, at …

IndiGo to launch a tailor-made business product
10 months ago

IndiGo to launch a tailor-made business product

Deccan Chronicle  

India: In a groundbreaking move to redefine business travel in India, IndiGo, India's mostpreferred airline, announces the plan to launch a tailor-made business product for India’s busiest and business routes.Almost 18 years back, IndiGo revolutionized air travel in India by focusing on 3 customer promises of affordable fares, on-time performance, and hassle-free and courteous service. Considering India’s soaring economy and …

Domestic Air Traffic Rises 2 Per Cent In April YoY, IndiGo Maintains Hold On 60 Per Cent Of Market Share
10 months ago

Domestic Air Traffic Rises 2 Per Cent In April YoY, IndiGo Maintains Hold On 60 Per Cent Of Market Share

ABP News  

India’s aviation industry clocked a growth in domestic air traffic in April 2024, official data from the Directorate General of Civil Aviation revealed. The data showed that the domestic airlines flew 132 lakh passengers in April 2024, against 128.88 lakh passengers flown during the same month a year earlier, marking a growth of 2.42 per cent on a year-on-year basis. …

IndiGo announces special bonus for staff
10 months, 3 weeks ago

IndiGo announces special bonus for staff

Live Mint  

In a sign of positive sentiment for the Indian aviation industry, India's largest airline IndiGo has announced a one-time special bonus for its employees. The company said that it will process a one-time special bonus amounting to around 1.5 months of basic salary, as per a communication sent to IndiGo staff. "We started our path to recovery in the second …

IndiGo’s new Airbus order: What it means for India’s largest airline
10 months, 3 weeks ago

IndiGo’s new Airbus order: What it means for India’s largest airline

Hindustan Times  

The first hint of IndiGo’s widebody plans had come up in 2017. IndiGo’s new Airbus order: What it means for India’s largest airline IndiGo - the country’s largest carrier, has “agreed” to place a firm order for 30 A350-900 aircraft with Airbus. Dreams in place since 2017 IndiGo’s intention to express interest in international operations of Air India group made …

Airfares are soaring amid turbulence in civil aviation
11 months, 2 weeks ago

Airfares are soaring amid turbulence in civil aviation

Live Mint  

With India’s civil aviation sector going through turbulence, fliers are being forced to tighten their budgetary belts, as airfares have soared at a dizzying angle. For a quick explanation, Exhibit ‘A’ is Tata-run Vistara’s recent declaration of scaling back operations by about 25-30 flights per day, or roughly 10% of its capacity, amid a shortage of pilots. After Air India’s …

IndiGo is now world’s third-largest airline by m-cap, stock hits 4% upper circuit at 52-week high-mark
11 months, 2 weeks ago

IndiGo is now world’s third-largest airline by m-cap, stock hits 4% upper circuit at 52-week high-mark

Live Mint  

IndiGo has now become the world's third-largest airline in terms of market capitalistaion with shares of the operator InterGlobe Aviation Limited soaring nearly five per cent to achieve a lifetime record-high mark during intra-day on Wednesday, April 10. Apart from today's gain, IndiGo shares have rallied nearly 22 per cent in the last one month, which has now taken the …

India is a price-sensitive market, says IndiGo CEO
11 months, 3 weeks ago

India is a price-sensitive market, says IndiGo CEO

The Hindu  

There is healthy and tough competition in the Indian aviation market, which is also price sensitive, India’s largest airline IndiGo’s chief Pieter Elbers said, adding that there is an enormous demand for travel in the country. Mr. Elbers, who heads IndiGo, which has a domestic market share of little over 60%, said the overall price levels in India are "very …

IndiGo share price hits 52-week high. Will it rise more? Should you buy or not?
11 months, 3 weeks ago

IndiGo share price hits 52-week high. Will it rise more? Should you buy or not?

Hindustan Times  

IndiGo share price: The share price of IndiGo gained over 2% to hit a 52-week high today. This comes after global brokerage firm UBS raised the target price on the stock and maintained its positive stance citing strong growth prospects of Indian aviation industry, share gains in international travel, efficient cost structure and operational excellence. IndiGo share price IndiGo shares …

IndiGo share price hits 52-week high as UBS remains bullish, raises target price on stock
11 months, 3 weeks ago

IndiGo share price hits 52-week high as UBS remains bullish, raises target price on stock

Live Mint  

IndiGo share price gained over 6% to hit a 52-week high on Tuesday after foreign brokerage firm UBS raised the target price on the stock. UBS maintained its positive stance on IndiGo considering the strong growth prospects of the Indian aviation industry, share gains in international travel, efficient cost structure and operational excellence. It maintained a Buy rating on IndiGo …

IndiGo’s Q3 profit surges 53% as India air travel demand grows
1 year, 1 month ago

IndiGo’s Q3 profit surges 53% as India air travel demand grows

Hindustan Times  

IndiGo, India’s biggest airline, reported a profit for a fifth straight quarter as the budget carrier captured a higher share of passenger traffic during the period. Net income rose 53% to 29.98 billion rupees in the three months through Dec. 31, IndiGo said in a stock exchange filing Friday. Its already large share, currently at 62%, has been growing considering …

Smooth landing for Indigo in Q3 but capacity concerns remain
1 year, 1 month ago

Smooth landing for Indigo in Q3 but capacity concerns remain

Live Mint  

InterGlobe Aviation Ltd, which runs IndiGo, ticked the right boxes in the December quarter. Besides, IndiGo expects to surpass its FY24 capacity addition guidance of north of mid-teens and is likely to deliver 20% plus growth. However, to aid capacity growth, the airline is taking mitigation measures such as procurement of additional aircraft in the form of damp and secondary …

Airlines to increase fleet by 25% in a year as passenger number rises
1 year, 3 months ago

Airlines to increase fleet by 25% in a year as passenger number rises

Hindustan Times  

India’s airlines will grow their fleet capacity by nearly 25% during the next 12 months, which will help feed rising passenger numbers and fill the void created by Go First’s grounding, data sourced from various airlines showed on Tuesday. According to the data available, Indian airlines have around 600 operational aircraft, excluding over 150 planes grounded for several reasons, including …

IndiGo: CEO Pieter Elbers Addresses Key Issues and Assures Passenger-Friendly Future
1 year, 4 months ago

IndiGo: CEO Pieter Elbers Addresses Key Issues and Assures Passenger-Friendly Future

News 18  

In the ever-evolving aviation industry, IndiGo has made headlines recently with a series of bold decisions and reactions, stirring conversations both within and outside the airline’s corridors. In a recent exclusive interview with CNN News18, IndiGo’s CEO Pieter Elbers shed light on some of the airline’s most pressing issues, from fuel charges to engine problems, and the future of India’s …

IndiGo Posts Q2 Profit At Rs 188.9 Crore On Higher Air Traffic, Capacity
1 year, 4 months ago

IndiGo Posts Q2 Profit At Rs 188.9 Crore On Higher Air Traffic, Capacity

News 18  

IndiGo Q2 Results: InterGlobe Aviation, the owner of India’s largest airline IndiGo, on Friday posted a profit after tax of Rs 188.9 crore for the second quarter ended September 30, 2023, on the back of higher air traffic and increased capacity. IndiGo’s total income in July-September 2023 jumped 20.6 per cent to Rs 15,502.9 crore. IndiGo said passengers increased by …

IndiGo gets regulatory nod to wet-lease 11 A320 aircraft: Report
1 year, 6 months ago

IndiGo gets regulatory nod to wet-lease 11 A320 aircraft: Report

Live Mint  

Interglobe Aviation - the operator of low-cost IndiGo airlines, has received approval from the Directorate General of Civil Aviation to wet-lease 11 A320 aircraft, according to CNBC-TV18. RTX had in July said a rare powder metal defect could lead to the cracking of some engine components and called for accelerated inspections affecting 200 engines by mid-September. Last month, IndiGo said …

IndiGo’s landing is getting tougher
1 year, 6 months ago

IndiGo’s landing is getting tougher

Live Mint  

Investors in the InterGlobe Aviation Ltd stock have little to complain about. “Since the June quarter, the trend reversal in crude/global jet fuel has reflected in higher domestic ATF prices, which have been hiked by 2%/8% for July/August, with a likelihood of another hike in September," wrote Prateek Kumar of Jefferies India in a report on 23 August. View Full …

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