Mumbai: IndiGo, India’s preferred airline, recently collaborated with National Geographic India to bring forth #nofilter by IndiGo, an inspiring platform that seamlessly blends the realms of travel and photography. The culmination of this initiative witnessed a staggering success, leaving an unforgettable mark on the nation’s creative landscape.
In a country bursting with photographic talent, the response to #nofilter was nothing short of extraordinary. Over 90,000 impassioned photographers,…
Read More…
Category: Indigo
IndiGo shares hit all-time high as Q3 beats estimates
IndiGo, the country’s largest airline in terms of passengers carried and fleet size, released its December quarter earnings post market hours on Friday, reporting 111% growth in net profit at ₹2,998.12 crore against ₹1,422.6 crore in Q3 FY23. The revenue from operations surged 30.3% to ₹19,452.15 crore versus ₹14,933 crore in the year ago period.“With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive…
Read More…
IndiGo’s Q3 revenue surges, but debt landscape looms at Rs 511,875 million
IANS | 04 Feb, 2024 IndiGo airlines on Friday released its third quarter results for the
2023-24 fiscal, stating that the capitalised operating lease liability
stood at Rs 445,565 million, contributing to a total debt (including the
capitalised operating lease liability) of Rs 511,875 million.
For
the quarter ended December 31, 2023, compared to the same period the
previous fiscal, IndiGo reported substantial advancements.
“Capacity
increased by 26.8 per cent…
Read More…
Source: http://www.smetimes.in/smetimes/news/industry/2024/Feb/04/indigo-revenue84883.html
Bad Air Days for India
Image used for representational purpose only. File”If we don’t wake up, we deserve it, hai na?” That’s from a recent tweet by actor Richa Chadha after four-hour delays on two back-to-back Indigo domestic flights this almost-gone winter.Chadha was dismayed enough by the delays to point her tinseltown fingers at what she sees as a virtual duopoly in India’s civil aviation sector. But she wasn’t half as devastated as Sahil Kataria who went the whole hog with fingers, balling up all…
Read More…
Source: https://www.newindianexpress.com/amp/story/magazine/2024/Feb/03/bad-air-days-for-india
Para-athlete alleges IndiGo crew mistreated wheelchair request
Para-athlete alleges IndiGo crew mistreated wheelchair request
Your browser does not support JavaScript!
Read More…
Indian para-athlete alleges mistreatment by IndiGo crew, airline responds | Latest News India
IndiGo airline on Saturday issued a statement of apology amid allegations that it failed to meet the requirements of its passengers. In an official statement, the airline said, “We reaffirm our commitment to being an inclusive airline and are dedicated to addressing this matter promptly. We are in touch with Suvarna Raj and conducting a thorough investigation into the matter. We remain dedicated to upholding the highest standards of customer experience and apologise for the inconvenience…
Read More…
IndiGo will add one new aircraft every week this year
After five straight quarters of record profit, India’s largest airline in terms of market share, IndiGo, is looking forward to registering a sixth consecutive quarter of profit. In an exclusive interaction with CNBC-TV18’s Parikshit Luthra, IndiGo’s CEO Pieter Elbers said,”We registered a profit a little short of ₹3,000 crore which doubled in comparison to last year. We’re recovering from all the losses incurred during COVID. We have been able to have another 27% growth.” Elbers also said…
Read More…
IndiGo’s fleet groundings rise to over 70 after engine issue
Aircraft groundings for budget carrier IndiGo have gone up to over 70 from the earlier 40 for its Airbus A320 neo planes after a recent powder metal issue with Pratt and Whitney engines, but the airline continued to report a profit for the fifth consecutive quarter.“Our aircraft on ground are in the mid-70s, which is a slight improvement from our previous estimate,” said IndiGo’s Chief Financial Officer, Gaurav Negi, in a post-results call. Until October-end, the groundings were in the…
Read More…
Source: https://www.thehindu.com/news/national/indigos-grounded-planes-grow-to-70/article67804614.ece/amp/
IndiGo’s #nofilter Campaign Empowers India’s Photography Community
Hyderabad: IndiGo, India’s preferred airline, recently collaborated with National Geographic India to bring forth #nofilter by IndiGo, an inspiring platform that seamlessly blends the realms of travel and photography. The culmination of this initiative witnessed a staggering success, leaving an unforgettable mark on the nation’s creative landscape. In a country bursting with photographic talent, the response to #nofilter was nothing short of extraordinary. Over 90,000 impassioned…
Read More…
Budget 2024: Aviation and allied stocks trade mixed as FM proposes UDAN scheme on 517 new routes ,Stocks News, Business News
Aviation-related stocks traded mixed after Finance Minister Nirmala Sitharaman, in her Interim Budget speech on Thursday, February 1, proposed the ‘UDAN’ scheme on 517 new routes connecting tier-2 and tier-3 cities.
COMMERCIAL BREAKSCROLL TO CONTINUE READINGAt around 12:20 pm, Spicejet shares traded with a cut of 1.7 per cent at Rs 63.89, while shares of Interglobe Aviation-operating no-frills air carrier Indigo traded with over 2 per cent gains at Rs 3,022 per share.
“The aviation…
Read More…