Nov 05, 2014 at 21:52 | Source: CNBC-TV18
Network 18 learns that the Ministry of Civil Aviation has prepared a Cabinet note that advocates a change in the decade old "five-twenty" rule the governs overseas flying operations.
Oct 17, 2014 at 18:59 | Source: PTI
The number of air travellers who flew in September was 58.22 lakh, an increase of close to 28 percent over the 45.55 lakh passengers during the same period last year, latest figures issued by the Directorate General of Civil Aviation (DGCA) showed.
Oct 15, 2014 at 18:57 | Source: CNBC-TV18
IndiGo president Aditya Ghosh says the company-appointed merchant bankers- Citi, JP Morgan, Morgan Stanley, Barclays, Kotak, UBS- are yet to give any clear call on the possibility of an initial public offering (IPO).
Oct 15, 2014 at 14:10 | Source: PTI
IndiGo's co-founders, Rakesh Gangwal and Rahul Bhatia, who is also the Group Managing Director of the airline's parent firm InterGlobe Enterprises, signed the Memorandum of Understanding (MoU) placing firm orders for 250 A-320neo family aircraft at the Airbus headquarters in Toulouse, France.
Oct 07, 2014 at 19:09 | Source: Moneycontrol.com
IndiGo, India's biggest airline by market share, posted Rs 317-crore net profit for the year-ended March 31, 2014, compared to Rs 787 crore a year earlier, according to results filed with the registrar of companies.
Sep 23, 2014 at 22:15 | Source: CNBC-TV18
They emphasised on difficulties in operating in India, given its high cost aviation environment. CEOs from Spicejet, Indigo, Goair, Air India, Jet Airways, Vistara and Airasia India were at today's meeting, their first with Raju.
Sep 22, 2014 at 19:17 | Source: CNBC-TV18
The aviation minister has been promising that he will persuade states to lower sales tax on ATF and this is certainly one thing that's expected to come up in the meeting tomorrow.
Sep 22, 2014 at 12:12 | Source: Moneycontrol.com
Insurance premiums are set to rise by about 20-25 percent after a general hardening in aviation underwriting rates following a spate of aviation disasters this year.
Sep 17, 2014 at 18:29 | Source: CNBC-TV18
"We have entered into memorandum of understanding (MoU) with them for possibly financing up to 30 of our airplanes. So that could be various kinds of financial solutions could be commercial lending, could be selling lease pack, could be something else. The total value could go up to USD 2.6 billion," Aditya Ghosh, President, Indigo said.
Sep 17, 2014 at 17:16 | Source: Reuters
Under the memorandum of understanding, ICBC will provide IndiGo, India's largest airline by market share, with financing for the planes through either a sale and lease back or commercial lending deal.