Upward pressure on fuel, supply issues may clip IndiGo’s wings
1 year, 3 months ago

Upward pressure on fuel, supply issues may clip IndiGo’s wings

Live Mint  

The stock of InterGlobe Aviation Ltd, which runs IndiGo airlines, has run up 20% so far in 2023 as the company gained market share amidst Go First’s troubles. “IndiGo being able to maintain domestic market share despite lower PLFs indicates better aircraft/pilot availability for it versus other airlines," said analysts at ICICI Securities in a report on 15 September. In its Q1 earnings call, IndiGo had said that it expects to see a bigger dip in yield in the second quarter from the level of ₹5.18 per passenger per kilometre seen in the three months ended June. In August, the Air India group’s market share stood at 26.7%, the highest in the last one year at least.

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History of this topic

IndiGo: Navigating turbulence as market leader
2 weeks, 5 days 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% …

2025 to be mixed year for aviation, says Icra
2 weeks, 6 days ago

2025 to be mixed year for aviation, says Icra

Live Mint  

New Delhi: The year 2025 is likely to be mixed for India's aviation sector, with jet fuel prices, grounding of aircraft, and moderation in yields seen as headwinds for the industry, according to rating agency Icra. Improvement in passenger traffic, significant demand for leisure and business travel and increasing air passenger penetration are likely to be the tailwinds for the …

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report
2 weeks, 6 days 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 …

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent
3 weeks, 2 days ago

Air travel likely to become costly as jet fuel prices surge by 1.45 per cent

India TV News  

The air travel is likely to become costly as the price of aviation turbine fuel or jet fuel was hiked on Sunday by 1.45 per cent in the monthly revision done in line with international oil price trends. The ATF price was increased by Rs 1,318.12 per kilolitre, or 1.45 per cent, to Rs 91,856.84 per litre in Delhi- home …

Domestic Air Traffic Rises 2 Per Cent In April YoY, IndiGo Maintains Hold On 60 Per Cent Of Market Share
7 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. …

India is a price-sensitive market, says IndiGo CEO
8 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?
8 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
8 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 share price at record high, Kotak sees a 30% upside in stock: What next? Should you buy or not?
9 months ago

IndiGo share price at record high, Kotak sees a 30% upside in stock: What next? Should you buy or not?

Hindustan Times  

IndiGo share price: The share price of IndiGo rose almost 3 per cent as it hit its fresh record high of ₹3,339 on BSE today. The share price rose about 2.8 per cent to hit its fresh all-time high level and traded 1.25 per cent higher at ₹3,288.65. IndiGo share price: In the past one year, the stock has gained …

IndiGo’s Q3 profit surges 53% as India air travel demand grows
10 months, 2 weeks 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
10 months, 2 weeks 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 …

IndiGo withdraws fuel charge on tickets after decline in ATF prices
11 months, 2 weeks ago

IndiGo withdraws fuel charge on tickets after decline in ATF prices

Hindustan Times  

NEW DELHI: IndiGo on Thursday said it has stopped collecting a fuel charge on airline tickets from passengers on domestic and international rules following the reduction in the price of aviation fuel. FILE PHOTO: An IndiGo airlines passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International airport in Mumbai The airline introduced the charge in October this year after …

IndiGo Posts Q2 Profit At Rs 188.9 Crore On Higher Air Traffic, Capacity
1 year, 1 month 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 …

ATF price up 1.6% on global cues
1 year, 5 months ago

ATF price up 1.6% on global cues

The Hindu  

Jet fuel or Aviation Turbine Fuel price on July 1 was hiked by 1.65% - the first increase in rate after fourth months of reduction warranted by softening oil prices. ATF price was increased by ₹1,476.79 per kilolitre, or 1.65%, in the National Capital to ₹90,779.88 per kl, according to a price notification of State-owned fuel retailers. While the price …

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% …

Why the challenge to IndiGo hasn't taken off
2 years, 3 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, SpiceJet shares rise as govt lifts cap on flight ticket prices
2 years, 4 months ago

IndiGo, SpiceJet shares rise as govt lifts cap on flight ticket prices

Live Mint  

A day after the civil aviation ministry said it will remove the cap on flight ticket prices which was imposed two years ago due to the coronavirus pandemic, shares of Indian domestic airlines, Spicejet and IndiGo rose today. Shares of IndiGo's parent InterGlobe Aviation Ltd rose as much as 2.3% to ₹2084.6 while smaller SpiceJet Ltd jumped as much as …

The headwinds on Indigo’s profit path
2 years, 4 months ago

The headwinds on Indigo’s profit path

Live Mint  

One of the things that stands out in InterGlobe Aviation Ltd’s June quarter results is the strength in its yields, a measure of pricing. IndiGo’s yields rose to ₹5.24 in the June quarter from ₹4.40 in the preceding three months and ₹3.48 in the year-earlier quarter. The 15-day domestic forward prices also dipped by 8% month on month due to …

Jet fuel price cut by 2.2%
2 years, 5 months ago

Jet fuel price cut by 2.2%

The Hindu  

Jet fuel prices on Saturday, July 16, 2022, were reduced by 2.2%, reflecting a fall in international oil prices. Aviation turbine fuel prices were cut by ₹3,084.94 per kilolitre, or 2.2%, to ₹138,147.93 per kl, a price notification of state-run fuel retailers showed. ATF prices are revised on the 1st and 16th of every month based on rates of benchmark …

Jet fuel prices in India touch new record after 16% hike
2 years, 6 months ago

Jet fuel prices in India touch new record after 16% hike

The Hindu  

Jet fuel prices on Thursday were hiked by the steepest ever 16% to catapult rates to an all-time high in step with hardening international oil rates. The hike, which comes on the back of a marginal 1.3% cut in rate earlier this month, takes jet fuel prices to record high across the country. Petrol, diesel price unchanged Meanwhile, petrol and …

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?
2 years, 6 months ago

Jet Fuel Prices Today Cut by 1.3% in Big Relief; Air Travel to Get Cheaper Soon?

News 18  

Jet Fuel Price Slashed: The prices of aviation turbine fuel or ATF, that is required to run an aeroplane, was decreased by 1.3 per cent, state owned Indian Oil Corporation announced on Wednesday, June 1. ATF Prices in Recent Times and Impact on Air Travel Earlier on May 16, Indian Oil Corporation had announced a hike in jet fuel prices …

ATF price hiked by 5.3%
2 years, 7 months ago

ATF price hiked by 5.3%

The Hindu  

Jet fuel prices on Monday were hiked by a steep 5.3% — the tenth straight increase this year — to an all-time high, in line with a surge in global energy prices. Meanwhile, petrol and diesel prices remained unchanged for the 41st straight day after rising by a record ₹10 per litre each. Jet fuel prices are revised on the …

Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi
2 years, 7 months ago

Air Travel to Get Expensive as Jet Fuel Prices Hiked by 5 Percent in Delhi

News 18  

The Indian Oil Corporation has announced a hike in jet fuel prices by 5 percent, taking it to Rs 1.23 lakh per kilolitre in Delhi, CNBC-TV18 reported today on May 16. The aviation turbine fuel prices have been hiked 61.7 per cent from Rs 72,062 per kl to Rs 1.23 lakh per kl since January. In Chennai, petrol retail price …

ATF price up marginally, rates at record high
2 years, 8 months ago

ATF price up marginally, rates at record high

The Hindu  

Jet fuel prices on Saturday were hiked by a marginal 0.2% — the eighth straight increase this year — to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel — the fuel that helps aeroplanes fly — was hiked by ₹277.5 per kilolitre, or 0.2%, to ₹1,13,202.33 per kl in the national capital, …

Aviation turbine fuel (ATF) price up marginally, rates at record high today
2 years, 8 months ago

Aviation turbine fuel (ATF) price up marginally, rates at record high today

Live Mint  

Jet fuel prices on Saturday were hiked by a marginal 0.2 per cent -- the eighth straight increase this year -- to an all-time high, reflecting a surge in global energy prices. The price of aviation turbine fuel -- the fuel that helps aeroplanes fly -- was hiked by ₹277.5 per kilolitre, or 0.2 per cent, to ₹1,13,202.33 per kl …

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?
2 years, 8 months ago

Jet Fuel Prices At All-time High: Will Airlines Raise Domestic Flight Ticket Prices Soon?

News 18  

As the jet fuel prices have been rising for quite some time and currently hovering at an all-time high levels, the aviation industry is facing the heat on its finances. ICRA on Jet Fuel Hikes Rating agency ICRA expects the Indian aviation industry to report a net loss of Rs 25,000-26,000 crore in FY2022. “Elevated aviation turbine fuel prices, which …

Data | Despite increase in flyers, Indian airlines struggle to turn a profit
2 years, 8 months ago

Data | Despite increase in flyers, Indian airlines struggle to turn a profit

The Hindu  

The aviation industry is caught between a rock and a hard place. Thus, despite an increase in passenger traffic, airline firms continue to suffer Profit-loss statement The graph shows IndiGo and SpiceJet’s profit/loss made after tax in ₹ ‘000 million. Now, despite the surge in passenger traffic, airlines are yet to come out of the woods as jet fuel prices …

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India
2 years, 8 months ago

Air Travel to Get More Expensive as ATF Prices Hiked to All-Time High in India

News 18  

Jet fuel prices were hiked today by 2 per cent – the seventh straight increase this year – to an all-time high, reflecting a surge in global energy prices. Aviation turbine fuel was hiked by ₹ 2,258.54 per kilolitre, or 2 per cent, to ₹ 1,12,924.83 per kl in the national capital, according to a price notification by state-owned fuel …

Jet Fuel Under GST? IndiGo CEO Urges Govt to Consider it After Massive Hike in ATF Prices
2 years, 9 months ago

Jet Fuel Under GST? IndiGo CEO Urges Govt to Consider it After Massive Hike in ATF Prices

News 18  

Aviation Turbine Fuel or ATF prices have seen a steep rise over the past few months, and the hike seems to be in no mood to stop since crude oil prices too have been increasing due to restricted oil supply amid the situation arising Russia’s invasion on Ukraine. The price of aviation turbine fuel has increased by 50 per cent …

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike
2 years, 10 months ago

Air Travel to Get Costlier as Jet Fuel Prices Rise to Record High After Price Hike

News 18  

Air travel is expected to get costlier as oil marketing companies on Wednesday raised the aviation turbine fuel prices for the second time in February. In the national capital, the price of jet fuel was raised to Rs 90,519.79 per kilolitre from Rs 86,038.16 per kilolitre. Fuel retailers revise jet fuel prices on a fortnightly basis. At present, fuel based …

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly
3 years, 5 months ago

As State Run Refiners Increase Jet Fuel Prices, Air Travel Likely to Get More Costly

News 18  

State-run refiners increased the jet fuel prices on Friday adding more worries to the Indian carriers struggling to reboot operations after extensive disruptions due to the fresh wave of the pandemic. In the National capital, ATF prices for domestic airlines increased by 2.44 per cent from Rs 68,262.35 per kilolitre on July 1 to Rs 69,857.97 on July 16. Any …

Air travel may become costlier as jet fuel prices soar
3 years, 5 months ago

Air travel may become costlier as jet fuel prices soar

India TV News  

Prices of Air Turbine Fuel, also known as jet fuel, soared to Rs 68,262 per kiloliter in Delhi on Thursday, around 30 per cent more expensive than in January 2021. "ATF prices hiked in Delhi by 3.6 per cent and stood at Rs 68,262.35 per kl, in Kolkata it is increased by 3.27 and is at Rs 72,295.24 per kl; …

Indian domestic air traffic down 65.82% annually during September
4 years, 2 months ago

Indian domestic air traffic down 65.82% annually during September

Live Mint  

New Delhi: Indian airlines carried 3.94 million passengers during September, down by 65.82% from the same period of the previous year, due to the ongoing covid-19 pandemic that has muted travel appetite, according to monthly data released by the Directorate General of Civil Aviation However, more people flew in September as compared to August, when airlines flew 2.83 million passengers …

Covid-19 impact: Indian carriers continue to see subdued demand in August
4 years, 3 months ago

Covid-19 impact: Indian carriers continue to see subdued demand in August

Live Mint  

NEW DELHI: Indian airlines operated a third of their scheduled domestic flights in August and ferried more passengers than previous months, but continued to witness muted demand compared to pre-covid days largely because of the rising number of infections across India. Indian carriers flew 2.83 million passengers in August, down from 11.79 million in the year-ago period, showed monthly data …

IndiGo to raise at least ₹20 billion via leaseback
4 years, 4 months ago

IndiGo to raise at least ₹20 billion via leaseback

Live Mint  

BENGALURU/NEW DELHI: IndiGo, India's largest airline, said on Wednesday it planned to raise at least ₹20 billion through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years. Chief Financial Officer Aditya Pande said the airline, owned by Interglobe Aviation Ltd, would consider raising even more than 20 billion rupees …

Indigo's 10% job cuts heralds a bumpy ride
4 years, 5 months ago

Indigo's 10% job cuts heralds a bumpy ride

India Today  

The worst fears are coming true for staff in India’s airline industry. CAPA has further warned that ‘it will be impossible to survive this crisis without a strong balance sheet.’ In that sense, the fact that IndiGo, which had a 47.5 per cent share of the domestic passenger market in December 2019, should raise the red flag by announcing the …

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