Budget Carrier

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Budget Carrier - Total results - 28
SEBI probe suggests prima facie violations of norms in IndiGo related party transactions; shares plunge nearly 5%
Business

SEBI probe suggests prima facie violations of norms in IndiGo related party transactions; shares plunge nearly 5%

IndiGo has been facing a probe by the SEBI ever since a public spat came to light between two founders of the airline, including over certain related party transactions involving one of the warring promoters.

GoAir offers domestic fares starting at Rs 957 for Ahmedabad-Indore, international Rs 5,295 for Bengaluru-Colombo; 3-day discounts close tomorrow
Business

GoAir offers domestic fares starting at Rs 957 for Ahmedabad-Indore, international Rs 5,295 for Bengaluru-Colombo; 3-day discounts close tomorrow

GoAir said that the offer is applicable on select channels only and valid across selective fare types and fare products.

IndiGo extends domestic sale till 23 February, fare starts from Rs 999; about 10 lakh seats on sale
Business

IndiGo extends domestic sale till 23 February, fare starts from Rs 999; about 10 lakh seats on sale

On 11 February, IndiGo had launched the sales on domestic routes with all-inclusive fares starting at Rs 999 and offered 10 lakh seats

IndiGo launches four-day sale on international flights, offer to close on Friday; cheapest fare starts at Rs 3,499
Business

IndiGo launches four-day sale on international flights, offer to close on Friday; cheapest fare starts at Rs 3,499

IndiGo said that the airfare offer cannot be clubbed with any other offer, scheme, or promotion related to airfare charges.

DGCA extends deadline for IndiGo to replace all 135 unmodified Pratt and Whitney engines till 31 May
Business

DGCA extends deadline for IndiGo to replace all 135 unmodified Pratt and Whitney engines till 31 May

In December last year, it was reported that the Directorate General of Civil Aviation (DGCA) might extend the deadline given to IndiGo to replace the PW engines of its planes beyond 31 January.

SpiceJet announces launch of eight new flights from next month; to start direct Ahmedabad-Jeddah service
Business

SpiceJet announces launch of eight new flights from next month; to start direct Ahmedabad-Jeddah service

The new flights on the domestic routes will strengthen connectivity across western and southern India, SpiceJet said in a release.

IndiGo may get more time to replace PW engines on A320neo; relaxation a big relief for budget carrier, passengers
Business

IndiGo may get more time to replace PW engines on A320neo; relaxation a big relief for budget carrier, passengers

The PW engine-powered A320 neo planes in the fleets of IndiGo and GoAir have been facing glitches both mid-air and on-ground since their induction way back in 2016.

InterGlobe Aviation shares tumble 7% after company posts net loss of Rs 1,062 cr for September quarter
Business

InterGlobe Aviation shares tumble 7% after company posts net loss of Rs 1,062 cr for September quarter

After the market hours on Thursday, InterGlobe Aviation posted a net loss of Rs 1,062 crore for the September quarter, mainly on account of higher costs related to operating lease liabilities.

IndiGo gets delivery of first A321neo from CDB Aviation, 8 more to come by January 2020
Business

IndiGo gets delivery of first A321neo from CDB Aviation, 8 more to come by January 2020

IndiGo has six A321neos in its fleet of 243 planes, according to a fleet tracking website

SpiceJet launches four-day domestic sale, fares starting at Rs 1,299 for popular destinations
Business

SpiceJet launches four-day domestic sale, fares starting at Rs 1,299 for popular destinations

The domestic routes on which SpiceJet offers low fares under the sale scheme include Chennai-Bengaluru, Guwahati-Bagdogra, Bagdogra-Guwahati and Jammu-Srinagar.

IndiGo to begin services to Myanmar, will operate direct daily Kolkata-Yangon flight from 20 September
Business

IndiGo to begin services to Myanmar, will operate direct daily Kolkata-Yangon flight from 20 September

Interglobe Aviation, which operates Indigo last week reported its highest ever quarterly profits at Rs 1,203 crore for the three months to June, boosted by strong passenger revenue and cargo performance.

IndiGo looking at 30% capacity growth; will take a cautious approach for international expansion plan: CEO Ronojoy Dutta
Business

IndiGo looking at 30% capacity growth; will take a cautious approach for international expansion plan: CEO Ronojoy Dutta

In May this year, the founders of the budget carrier — Rahul Bhatia and Rakesh Gangwal — had locked horns over strategies and ambitions for IndiGo.

Hired about 1,000 Jet Airways employees; will add 40 more planes in next few weeks, says SpiceJet CMD Ajay Singh
Business

Hired about 1,000 Jet Airways employees; will add 40 more planes in next few weeks, says SpiceJet CMD Ajay Singh

The SpiceJet chief said he is happy to to reduce inconvenience to flyers and provide jobs to the Jet Airways employees, the report said.

SpiceJet to start 28 daily flights from 26 April on domestic routes amid bids to hike capacity to meet peak season traffic
Business

SpiceJet to start 28 daily flights from 26 April on domestic routes amid bids to hike capacity to meet peak season traffic

SpiceJet said on Tuesday the new flights from Mumbai are on the Mumbai-Jaipur-Mumbai, Mumbai-Amritsar-Mumbai, Mumbai-Mangalore-Mumbai and Mumbai-Coimbatore-Mumbai sectors.

SpiceJet hires 500 employees, including 100 pilots from grounded Jet Airways; to give priority to those who lost jobs
Business

SpiceJet hires 500 employees, including 100 pilots from grounded Jet Airways; to give priority to those who lost jobs

Budget carrier SpiceJet Ltd said on Friday it will prioritise hiring employees of Jet Airways Ltd who are losing their jobs after the crisis-hit airline halted all flight operations indefinitely this week.

SpiceJet to induct six more Boeing 737s, launch 24 new daily flights; seeks to encash gap left by Jet Airways
Business

SpiceJet to induct six more Boeing 737s, launch 24 new daily flights; seeks to encash gap left by Jet Airways

SpiceJet will induct six more Boeing 737-800 NG aircraft on dry lease and it has applied to the DGCA for a no-objection certificate (NOC) to import these planes, the airline said in a statement.

Low-cost carrier AirAsia India offers 20% discounts on ticket prices across flights for 7 days
Business

Low-cost carrier AirAsia India offers 20% discounts on ticket prices across flights for 7 days

AirAsia's seven day offer commences from 18 February for travel between 25 February and 31 July

IndiGo cancels 130 flights today, around 10% of budget carrier's operations; services to normalise from 31 March
Business

IndiGo cancels 130 flights today, around 10% of budget carrier's operations; services to normalise from 31 March

IndiGo has not pulled out any additional flights other than the schedule cancellations but refused to issue a stateme

IndiGo pulls out 30 flights as pilot shortage continues to hamper operations, says cancellations to go on for a few more days
Business

IndiGo pulls out 30 flights as pilot shortage continues to hamper operations, says cancellations to go on for a few more days

IndiGo has cancelled 30 flights on Tuesday due to the on-going pilot shortages. Most flights have been cancelled from Kolkata, Hyderabad and Chennai.