Airline Sector

IndiGo trims IPO size to Rs 3,000 crore as Gangwal family to offload less no of shares

The promoters of the company will now sell nearly 23 million shares, down from about 26.1 million they had earlier proposed

Sky's the limit? Southeast Asia budget airlines bet big on growth

The rivalry between Southeast Asia's main airlines intensified when Lion Air launched its first service in Malaysia, barging onto AirAsia's home turf, but the pace of expansion has raised questions about whether airlines are overextending themselves.