May 14, 2021 12:25 PM IST
GoAir finds itself in a unique position as it filed its DRHP with Sebi on May 14. But that has more to do with what its competitors IndiGo and SpiceJet did than anything by the airline.
- May 14, 2021 11:34 AM IST
GoAir has filed for an initial public offering finally but most of the funds the low-cost carrier will raise will be used to pay off debt. And Indian aviation has long been brutal
- May 13, 2021 04:01 PM IST
A vaccination drive for IndiGo employees has already been initiated, the airline said, adding that the inoculation programme is underway across 40 stations in its network and at its support centre at Gurugram.
- May 13, 2021 01:41 PM IST
Strict lockdown last year in April and most of May derailed air travel, particularly international flights, which have taken a much bigger hit.
- May 05, 2021 12:45 PM IST
In total, the airline has transported 4,142 oxygen concentrators -- weighing about 72,461 kg -- within India or from outside India, it said in a statement.
- Apr 30, 2021 11:45 AM IST
IndiGo is the clear leader. What about the second slot?
- Apr 21, 2021 09:29 PM IST
IndiGo said it expects to take the delivery of its first freighter, which will be used for both domestic and regional missions, in the first half of 2022.
- Apr 19, 2021 11:04 AM IST
Many airlines, including IndiGo and SpiceJet, have announced similar measures allowing free rescheduling as state governments across the country impose several restrictions due to rising COVID-19 cases.
- Apr 13, 2021 02:38 PM IST
Motilal Oswal recommended Neutral rating on Indigo with a target price of Rs 1530 in its research report dated April 12, 2021.
- Apr 13, 2021 09:29 AM IST
In the 2020 financial year, the CEO of the largest airline took home a salary of Rs 17 crore, which included a bonus of Rs 5.6 crore.
- Apr 06, 2021 02:38 PM IST
All its departures from the airport have been rescheduled
- Apr 01, 2021 03:26 PM IST
In a press release, the carrier said it has started these flights on various routes including Bhubaneswar-Allahabad, Bhubaneswar-Varanasi, Bhopal-Allahabad, Dibrugarh-Dimapur, Shillong-Agartala and Shillong-Silchar.
- Mar 24, 2021 02:21 PM IST
The Supreme Court had last September instructed all the airlines to fully refund the passengers, whose flights were cancelled during the lockdown period (March 25, 2020 to May 24, 2020), by March 31, 2021.
- Mar 18, 2021 02:38 PM IST
While the small airline may not be strictly comparable to its much larger peers, the development reiterates the shift towards regional connectivity in Indian aviation
- Mar 17, 2021 08:54 PM IST
Cumulatively, a total of 155.61 lakh passengers travelled through domestic air routes in the last two months, lower than 251.50 lakh in January-February 2020.
- Mar 17, 2021 02:38 PM IST
As the world comes out of a lockdown and vaccination gathers pace, IndiGo is well poised to capitalise on the eventual resumption of air services. The airline will have two things in its arsenal: the A320neo family, which can be deployed on shorter international routes such as Singapore and Kuala Lumpur, and a fleet of A321neos that can fly much longer distances.
- Mar 11, 2021 06:37 PM IST
Dutta, who has been the airline CEO since January 2020, took home a salary of Rs 17 crore in FY20. This year he has been paid Rs 8.2 crore until December 2020.
- Mar 10, 2021 05:53 PM IST
IndiGo’s OTP was highest among the three airlines in November and December last year too, stated data presented by Hardeep Singh Puri in his written reply to a question in Rajya Sabha.
- Mar 06, 2021 07:37 AM IST
The incident happened on IndiGo flight 6E286 at around 5:30 pm as the plane was getting ready for take-off to Pune.
- Mar 03, 2021 09:52 AM IST
Prabhudas Lilladher has increased IndiGo’s FY22/FY23 earnings by 7.5 percent/7.1 percent and assigned accumulate rating given sustained scale-up of operations, broad-based recovery in domestic demand aided by non-metro cities and improving load factors on the back of rising consumer confidence.
- Mar 02, 2021 04:19 PM IST
The new leasing company may start off its business with two aircraft, a small but vital start both for GIFT City and for India, which till now doesn't have a single lessor.
- Mar 02, 2021 11:32 AM IST
The passenger who had the medical emergency could not be revived and was declared dead on arrival by the airport medical team, IndiGo said in a statement.
- Mar 01, 2021 04:53 PM IST
The aircraft will be powered by CFM Leap engines and are scheduled to be delivered in the second half of 2021, the Singapore-based aircraft leasing company said in a release on Monday.
- Feb 17, 2021 02:49 PM IST
The road ahead will depend on the magnitude of demand fuelled by low ticket costs, as well as on rising crude oil prices
- Feb 16, 2021 05:06 PM IST
The government’s decision to cap capacity at 80 percent until the end of March means that industry numbers won’t rise to pre-COVID levels even if all flights are full.