IndiGo to buy jet engines worth $20 billion from CFM
5 years, 6 months ago

IndiGo to buy jet engines worth $20 billion from CFM

Live Mint  

Indigo, India’s largest domestic airline by market share, on Monday said it is ordering jet engines worth $20 billion from CFM International, a joint venture of General Electric Co. and France’s Safran SA, to power 280 Airbus A320neo and A321neo aircraft operated by it. “IndiGo has been a CFM customer since 2016 and currently operates a fleet of 17 A320ceo aircraft powered by CFM56-5B engines as part of a total fleet of 215 A320/A321 family aircraft. On the other hand, the deal strengthens CFM’s presence in India, the world’s fastest growing aviation market last year, with Vistara and state-run Air India Ltd already using its engines. “We are pleased to partner with CFM for our next batch of Airbus A320neo and A321neo aircraft,” said Riyaz Peermohamed, chief aircraft acquisition and financing officer, IndiGo.

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History of this topic

9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone
5 days 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, a longtime Airbus customer, is now adding Boeing planes
1 month 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 …

IndiGo: Navigating turbulence as market leader
1 month, 1 week 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's Engine Troubles: A Grounding Odyssey
2 months, 2 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 announces special bonus for staff
8 months, 1 week 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 CEO Pieter Elbers says delivery of Airbus A350-900 aircraft to start in 2027
8 months, 2 weeks ago

IndiGo CEO Pieter Elbers says delivery of Airbus A350-900 aircraft to start in 2027

Live Mint  

IndiGo Chief Executive Officer Pieter Elbers on Tuesday said the delivery of Airbus A350-900 aircraft would commence in 2027. Interglobe Aviation-owned IndiGo has placed an order for 30 Airbus A350-900 aircraft. In a statement, IndiGo said it is entering the "wide-body space with an order for 30 firm Airbus A350-900 aircraft”. “The mission capability of this aircraft coupled with the …

IndiGo’s new Airbus order: What it means for India’s largest airline
8 months, 2 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 …

IndiGo orders 30 Airbus 350-900 wide-body planes for international expansion
8 months, 2 weeks ago

IndiGo orders 30 Airbus 350-900 wide-body planes for international expansion

Hindustan Times  

IndiGo, the country's largest airline, on Thursday placed order of 30 wide-body A350-900 planes as part of its expansion into international markets. IndiGo orders 30 A350-900 wide-body planes for international expansion. IndiGo, with a fleet of over 350 aircraft, made headlines last June when it placed the largest single aircraft order in aviation history, securing 500 planes from Airbus. Alongside …

IndiGo braces for a high number of grounded planes from January
1 year, 2 months ago

IndiGo braces for a high number of grounded planes from January

The Hindu  

IndiGo, India’s largest airline in market share and fleet size, said it is bracing for a “high number of groundings” beginning next year due to Pratt and Whitney’s latest manufacturing flaw from a rare powder metal defect that could cause cracks in engine components. “Globally, we understand that a large number of incremental engines are being removed for shop visits …

IndiGo gets regulatory nod to wet-lease 11 A320 aircraft: Report
1 year, 4 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 board approves purchase of 10 additional A320 NEO aircraft from Airbus
1 year, 4 months ago

IndiGo board approves purchase of 10 additional A320 NEO aircraft from Airbus

Live Mint  

IndiGo Airlines board of directors have approved an additional purchase of 10 A320 NEO family aircraft from French aircraft maker Airbus. IndiGo in 2019 had placed a record order of over 300 Airbus A320 NEO family aircraft worth around $33 billion at notional catalogue prices with France's Airbus. Notably, IndiGo had in June 2023 placed an order for 500 Airbus …

World leaders hail Air India, IndiGo order of around 1500 aircrafts; 'Will provide millions of jobs in US'
1 year, 6 months ago

World leaders hail Air India, IndiGo order of around 1500 aircrafts; 'Will provide millions of jobs in US'

India TV News  

As major Indian airlines-- IndiGo and Air India-- placed orders for nearly 1500 aircraft of Boeing and Airbus, world leaders gathered during the recent visit of Prime Minister Narendra Modi to the United States, applauded the deal and expressed satisfaction as it will produce millions of jobs in America, especially at a time when the country is reeling under economic …

UK PM Rishi Sunak hails IndiGo mega deal with Airbus, says will support thousands of jobs at difficult time
1 year, 6 months ago

UK PM Rishi Sunak hails IndiGo mega deal with Airbus, says will support thousands of jobs at difficult time

India TV News  

As IndiGo, India’s largest airline by market share, placed a firm order for 500 A320 Family aircraft, UK Prime Minister Rishi Sunak applauded the deal and expressed satisfaction as it will produce thousands of jobs in the United Kingdom, especially at a time when the country is reeling under worst economic turbulence. The latest agreement takes the total number of …

After Indigo, Air India signs pacts with Airbus, Boeing to buy 470 aircrafts
1 year, 6 months ago

After Indigo, Air India signs pacts with Airbus, Boeing to buy 470 aircrafts

India TV News  

Air India on Tuesday signed agreements with Airbus and Boeing for acquiring 470 planes for an estimated USD 70 billion at list prices. Air India said the agreements go "one step further in its USD 70 billion fleet expansion program that it announced in February this year". Campbell Wilson, Air India CEO, and MD said its ambitious fleet renewal and …

Auto, IT ensure Sensex, Nifty end in green; Tata Motors, HCL Tech shine
1 year, 6 months ago

Auto, IT ensure Sensex, Nifty end in green; Tata Motors, HCL Tech shine

Live Mint  

Sensex and Nifty rallied in the final hour to reach near all-time high closing points after remaining in the red in the first half. BHARAT AGRI FERT & REALTY More Information Share Market Today: Nifty Bank continues to remain under pressure with most stocks trading in the red View Full Image Nifty Bank InCred Equities on IndiGo: At current prices, …

Airbus inks record order with IndiGo, eclipses Air India deal
1 year, 6 months ago

Airbus inks record order with IndiGo, eclipses Air India deal

Firstpost  

Europe’s Airbus secured a historic deal on Monday involving the most jets ever bought by a single airline, with an order for 500 narrowbody jets from Indian budget carrier IndiGo on the opening day of the Paris Airshow. The multibillion-dollar deal eclipses Air India’s combined purchase of 470 jets earlier this year as India’s two largest carriers plan for a …

Airbus wins record order for 500 jets from India’s IndiGo at Paris Air Show
1 year, 6 months ago

Airbus wins record order for 500 jets from India’s IndiGo at Paris Air Show

Associated Press  

PARIS — India’s IndiGo airline is buying 500 passenger jets from European planemaker Airbus, the two companies said Monday, in a record-setting order that underscores surging demand for air travel fueled by the country’s economic growth. And it speaks to the potential of Indian aviation and the ambitions which IndiGo is having.” The purchase highlights how the two companies are …

IndiGo buys 500 planes from Airbus, the largest order in aviation history
1 year, 6 months ago

IndiGo buys 500 planes from Airbus, the largest order in aviation history

Hindustan Times  

IndiGo, India’s largest airline, said it will buy 500 A320 planes from Airbus in the largest order in the history of commercial aviation. “It is difficult to overstate the significance of IndiGo’s new historic order for 500 Airbus A320 Family aircraft. “This order strongly reaffirms IndiGo’s belief in the growth of India, in the A320 Family and in our strategic …

IndiGo buys 500 planes from Airbus, the largest order in aviation history
1 year, 6 months ago

IndiGo buys 500 planes from Airbus, the largest order in aviation history

Live Mint  

IndiGo airline announced on Monday that it has made a record order for 500 Airbus A320 aircraft. In a statement, IndiGo airline termed the order as the largest-ever single aircraft purchase by any airline with Airbus and informed that the deliveries of the aircraft are expected between 2030 to 2035. This 500 aircraft order is not only IndiGo’s largest order, …

IndiGo buys 500 planes from Airbus, the largest order in aviation history
1 year, 6 months ago

IndiGo buys 500 planes from Airbus, the largest order in aviation history

Deccan Chronicle  

PARIS/DELHI: Europe's Airbus secured a historic deal on Monday involving the most jets ever bought by a single airline, with an order for 500 narrowbody jets from Indian budget carrier IndiGo on the opening day of the Paris Airshow. Efforts by Indian carriers to keep pace with the world's fastest-growing aviation market, serving the largest population, have sent industry records …

IndiGo, Vistara to operate flights on THESE new international routes from August
1 year, 6 months ago

IndiGo, Vistara to operate flights on THESE new international routes from August

India TV News  

The Directorate General of Civil Aviation has given its nod to full-service carrier Vistara and no-frills IndiGo to operate new international flights from August. Earlier this year, Tata Group-owned Air India had placed orders for 470 aircraft with Airbus and Boeing. This 500 aircraft order is not only IndiGo’s largest order, but also the largest-ever single aircraft purchase by any …

IndiGo hits record market share in domestic aviation
1 year, 6 months ago

IndiGo hits record market share in domestic aviation

Live Mint  

IndiGo, India’s largest airline, achieved a record market share of 61.4% in the domestic civil aviation industry in May, according to data from the Directorate General of Civil Aviation. Air India group airlines also registered more than 90% load factors with Air India at 90.1% compared to 87.9% a month ago, Vistara at 93.2%, and Air Asia India at 92.8% …

IndiGo pits Boeing against Airbus in record jet order talks: Report
1 year, 10 months ago

IndiGo pits Boeing against Airbus in record jet order talks: Report

Live Mint  

Indian budget carrier IndiGo is in talks with both Boeing and its current supplier Airbus to order more than 500 passenger jets, potentially smashing an industry record set by domestic rival Air India a few weeks ago, industry sources said. India's largest airline has until now been an exclusive buyer of narrow-body jets from Airbus and French Finance Minister Bruno …

Explained | Air India’s mega aircraft deal with Boeing and Airbus
1 year, 10 months ago

Explained | Air India’s mega aircraft deal with Boeing and Airbus

The Hindu  

The story so far: Scripting history with the largest-ever aircraft order in the history of global aviation, Tata group-owned Air India on Tuesday announced jumbo deals with aircraft manufacturers Airbus and Boeing to acquire 470 jets at an estimated cost of Rs 6.4 lakh crore. pic.twitter.com/dKJbZVafzn — Boeing Airplanes February 14, 2023 The 777-9 will be the largest jet in …

Air India reveals orders for 470 Boeing, Airbus jets
1 year, 11 months ago

Air India reveals orders for 470 Boeing, Airbus jets

Associated Press  

LONDON — Air India unveiled orders Tuesday for 470 Boeing and Airbus passenger jets as it races to tap surging demand for increasingly affordable air travel from the nation’s growing ranks of middle-class consumers. Toulouse, France-based Airbus will provide Air India 40 wide-body A350 Airbus aircraft and another 210 narrow-body A320neo planes, Tata Sons Chairman Natarajan Chandrasekaran said in the …

Air India to buy 250 Airbus planes: What we know about the 'historic' deal
1 year, 11 months ago

Air India to buy 250 Airbus planes: What we know about the 'historic' deal

Hindustan Times  

Tata Group-owned Air India has agreed to buy 250 jets from Airbus, part of a massive deal for 470 planes, underlining the surging demand for air travel fueled by the country's swelling middle class. The owner of Air India announced a deal to buy 250 Airbus jets, including A350 wide-body planes and A320neo single-aisle planes. > Air India will buy …

Why the challenge to IndiGo hasn't taken off
2 years, 4 months ago

Why the challenge to IndiGo hasn't taken off

Live Mint  

NEW DELHI : In July this year, as passengers flocked to airports and the domestic aviation business picked up steam, the country’s largest airline appeared to sputter. IndiGo reported an On Time Performance of 80.8% that month from the four large metro airports, lagging every other scheduled domestic airline except Alliance Air, according to data from aviation regulator Directorate General …

IndiGo completes replacing A320neo engines
4 years, 4 months ago

IndiGo completes replacing A320neo engines

Live Mint  

India's largest domestic airline IndiGo has completed mandatory replacement of Pratt & Whitney engines, which power its Airbus A320neo fleet, with modified engines before the 31 August deadline set by the aviation regulator, two people with direct knowledge of the matter said. Wadia Group-operated GoAir, another operator of PW engine powered Airbus A320neo planes in India, is unlikely to complete …

DGCA asks IndiGo to replace PW engines of 97 A320neo aircraft by Jan 31 or face grounding
5 years, 2 months ago

DGCA asks IndiGo to replace PW engines of 97 A320neo aircraft by Jan 31 or face grounding

India TV News  

Stating that "desperate measures" were required to "put things in order", aviation regulator DGCA told IndiGo on Friday to replace the Pratt and Whitney engines under both wings of 97 A320neo aircraft "at all costs" by January 31 or they would be grounded. The DGCA directive came after the airline faced four mid-air engine malfunctions in A320neo planes in the …

IndiGo to replace P&W engines on its fleet Airbus A320neo planes
5 years, 2 months ago

IndiGo to replace P&W engines on its fleet Airbus A320neo planes

Al Jazeera  

The airline must replace all Pratt & Whitney engines in its fleet of almost 100 twin-engined Airbus A320neo planes. IndiGo airlines must replace all Pratt & Whitney engines in its fleet of almost 100 twin-engined Airbus A320neo family aircraft with new P&W power units, India’s air safety watchdog said on Friday following recent in-flight engine shutdowns. On Monday the DGCA …

IndiGo becomes member of global airlines body IATA; CEO says partnership will help airline share best practices
5 years, 2 months ago

IndiGo becomes member of global airlines body IATA; CEO says partnership will help airline share best practices

Firstpost  

New Delhi: Budget carrier IndiGo on Wednesday announced that it has become a member of International Air Transport Association which represents around 290 airlines across the world, comprising 82 percent of global air traffic. “With over 60 offices worldwide, IATA maintains relationships with governments and other industry stakeholders around the world, advocating on behalf of its members on key industry …

IndiGo becomes member of global airlines body IATA
5 years, 2 months ago

IndiGo becomes member of global airlines body IATA

India TV News  

Budget carrier IndiGo on Wednesday announced that it has become a member of International Air Transport Association which represents around 290 airlines across the world, comprising 82 per cent of global air traffic. "With over 60 offices worldwide, IATA maintains relationships with governments and other industry stakeholders around the world, advocating on behalf of its members on key industry issues," …

IndiGo's order for 300 A320neo family aircraft will secure future supply of aircraft for carrier into next decade, assure sustainable cash flow
5 years, 2 months ago

IndiGo's order for 300 A320neo family aircraft will secure future supply of aircraft for carrier into next decade, assure sustainable cash flow

Firstpost  

Just last week, as we entered the Diwali weekend, IndiGo announced their results, announcing a loss of Rs 1062 crores for the quarter ended 30 September 2019. On Tuesday [29 October>, Airbus and IndiGo announced the airline’s order of 300 A320neo family aircraft. IndiGo’s current fleet has 128 Airbus A320ceo and 97 A320neo aircraft operating, and before this new order, …

In largest ever order, IndiGo signs for 300 A320neo family aircraft
5 years, 2 months ago

In largest ever order, IndiGo signs for 300 A320neo family aircraft

India TV News  

Toulouse – India’s IndiGo has placed a firm order for 300 A320neo Family aircraft. “We are grateful for this strong vote of confidence as this order confirms the A320neo Family as the aircraft of choice in the most dynamic aviation growth markets.” He added: “We are pleased to see our aircraft allowing IndiGo to take full advantage of the predicted …

IndiGo parent InterGlobe Aviation shares fall 3% after DGCA directive against PW engines
5 years, 2 months ago

IndiGo parent InterGlobe Aviation shares fall 3% after DGCA directive against PW engines

Firstpost  

Shares of InterGlobe Aviation fell 3 percent on Tuesday after the DGCA asked IndiGo not to use A320 Neo planes which are fitted with PW engines that have already been used for over 3,000 hours, or face grounding of aircraft New Delhi: Shares of InterGlobe Aviation fell 3 percent on Tuesday after the DGCA asked IndiGo not to use A320 …

IndiGo close to placing a near-record order for more than 300 Airbus jets worth at least $33 bn
5 years, 2 months ago

IndiGo close to placing a near-record order for more than 300 Airbus jets worth at least $33 bn

Firstpost  

Indian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at least $33 billion at recent catalogue prices to cement its position as India’s largest carrier by market share New Delhi/Paris: Indian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at …

Mid-air glitches: DGCA orders IndiGo, GoAir to replace PW engines of A30Neo aircraft within 15 days
5 years, 2 months ago

Mid-air glitches: DGCA orders IndiGo, GoAir to replace PW engines of A30Neo aircraft within 15 days

Firstpost  

The official said there are 13 aircraft in GoAir fleet in which both the PW engines have been used for more than 3,000 hours. Civil aviation regulator DGCA on Tuesday asked budget carriers IndiGo and GoAir to replace their A320Neo aircraft’s PW engines within the next 15 days or face grounding of airplanes. InterGlobe Aviation-led IndiGo has as many as …

DGCA orders IndiGo to modify 16 A320neo engines within 15 days; part of new safety protocol after temporary grounding orders last year
5 years, 2 months ago

DGCA orders IndiGo to modify 16 A320neo engines within 15 days; part of new safety protocol after temporary grounding orders last year

Firstpost  

IndiGo’s planes fitted with Pratt & Whitney 1100 series engines have clocked more than 2,900 hours must have at least one modified engine Bengaluru: The DGCA, the country’s civil aviation regulator on Monday ordered IndiGo to modify its 16 Airbus A320neo aircraft fitted with Pratt & Whitney engines, linked to in-flight shutdowns, within 15 days to avoid their grounding. IndiGo’s …

India’s IndiGo places landmark order for 300 Airbus planes
5 years, 2 months ago

India’s IndiGo places landmark order for 300 Airbus planes

Al Jazeera  

It be Airbus’s biggest ever order from a single carrier. Indian budget carrier IndiGo has placed an order for 300 Airbus A320neo family jets worth at least $33bn at recent catalogue prices, handing the European planemaker what could be its biggest ever order from a single carrier. The mammoth deal includes Airbus’s newest jet, a long-range version of the single-aisle …

DGCA to ask engine maker to probe IndiGo A320ceo aircraft
5 years, 3 months ago

DGCA to ask engine maker to probe IndiGo A320ceo aircraft

Live Mint  

New Delhi: The Directorate General of Civil Aviation plans to ask the manufacturers of CFM engines to carry out a precautionary check on IndiGo’s CFM-powered A320ceo aircraft that faced engine snags last week. This comes just a few days after an IndiGo A320ceo aircraft powered by a CFM engine developed a glitch mid-air between Goa and New Delhi. IndiGo has …

DGCA calls urgent meeting with IndiGo, GoAir to review performance of Airbus Neo
5 years, 4 months ago

DGCA calls urgent meeting with IndiGo, GoAir to review performance of Airbus Neo

Live Mint  

New Delhi: The Directorate General of Civil Aviation called an urgent meeting with Indigo and GoAir on Wednesday to review the performance of the Airbus Neo aircraft in their fleets. According to sources, the issues related to the A320 Neo aircraft's Pratt & Whitney engine — which both airlines have been facing for years — will be discussed at the …

DGCA calls urgent meeting with Indigo, GoAir to review performance of Airbus Neo aircraft
5 years, 4 months ago

DGCA calls urgent meeting with Indigo, GoAir to review performance of Airbus Neo aircraft

India TV News  

Aviation regulator DGCA called an urgent meeting with Indigo and GoAir on Wednesday to review the performance of the Airbus Neo aircraft in their fleets. According to sources, the issues related to the A320 Neo aircraft's Pratt & Whitney engine -- which both the airlines haves been facing for years -- will be discussed at the meeting. Currently, there are …

IndiGo to grow at 30% a year, fly more international routes: CEO
5 years, 4 months ago

IndiGo to grow at 30% a year, fly more international routes: CEO

Live Mint  

New Delhi: InterGlobe Aviation Ltd., which operates the country's largest airline, IndiGo, hopes to grow at 30% a year over the next few years, chief executive of the airline Ronojoy Dutta said at the company's sixteenth annual general meeting on Tuesday. IndiGo currently operates Airbus A320 Neo, Airbus A320 CEO, Airbus A321 aircraft, which connects domestic as well as nearby …

IndiGo to gain most from Jet Airways collapse
5 years, 8 months ago

IndiGo to gain most from Jet Airways collapse

Live Mint  

The country's largest carrier IndiGo is set to consolidate its position and rule the skies following the collapse of its rival Jet Airways. Going by the current market share and the capacity deployed in the domestic market, SpiceJet would be the next biggest gainer. Other airlines would gain in sequence as per their current fleet size and market share. Low-cost …

IndiGo to add 25 Airbus A321neo planes to fleet over next one year
5 years, 9 months ago

IndiGo to add 25 Airbus A321neo planes to fleet over next one year

Live Mint  

Istanbul: Even as domestic airlines struggle to cope with the grounding of Boeing aircraft, IndiGo, India’s largest carrier, is preparing to take delivery of 25 A321neo aircraft as part of plans to fly to more overseas destinations, including China. These 15 aircraft will be used to fly on long distance routes to destinations in Europe and busy domestic routes, including …

Aero India 2019: Airbus sees market for wide-body jets in India’s budget carriers on expanding international operations
5 years, 10 months ago

Aero India 2019: Airbus sees market for wide-body jets in India’s budget carriers on expanding international operations

Firstpost  

With Indian airlines expanding international operations, the A330neo is the next natural step for growth, Joost van der Heijden, Airbus head of marketing for Asia and North America, said. “With Indian airlines expanding international operations, the A330neo is the next natural step for growth,” Joost van der Heijden, Airbus ’ head of marketing for Asia and North America, said on …

IndiGo to push international growth for higher profit
5 years, 11 months ago

IndiGo to push international growth for higher profit

Live Mint  

IndiGo, India's biggest airline by market share, will take more deliveries of the longer-range Airbus A321neo aircraft next year as it plans to launch more international flights, its interim CEO said on Wednesday after the company's profit fell sharply. "We are focussed on building a large and profitable air transportation network in and out of India and are adding capacity …

IndiGo owner InterGlobe Aviation Q3 profit slumps 75%
5 years, 11 months ago

IndiGo owner InterGlobe Aviation Q3 profit slumps 75%

Live Mint  

Mumbai: InterGlobe Aviation Ltd which runs IndiGo, India’s largest airline by market share, has posted a 75% drop in net profit for the fiscal third quarter, weighed down by higher jet fuel costs, a weak rupee and an increase in plane and engine rentals. “The profits fell due to a rise in fuel price and a fall in rupee,” IndiGo’s …

India to quiz Airbus, IndiGo, others on Pratt & Whitney engines
6 years ago

India to quiz Airbus, IndiGo, others on Pratt & Whitney engines

Live Mint  

New Delhi: Indian airlines IndiGo and GoAir, aircraft manufacturer Airbus SA and engine maker Pratt & Whitney will meet Indian civil aviation ministry officials on Tuesday to discuss ongoing issues with engines fitted to Airbus A320neo planes, three people familiar with the matter told Reuters. IndiGo, India’s biggest carrier by market share, and rival GoAir were forced to ground Airbus …

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