Interglobe Aviation News
Amid the airline industry facing strong headwinds due to the coronavirus pandemic, IndiGo's board, on 10 May, gave its nod to raise up to Rs 3,000 crore through sale of shares to institutional investors
Airline stocks gain after govt announces resumption of domestic flight services 25 May; IndiGo surges over 7%
Aviation stocks gained after the government announced that domestic airline operations will resume on 25 May.
Aviation stocks rally up to 10% after govt announces domestic passenger flights to resume from Monday
Aviation stocks on Thursday rallied up to 10 percent in opening trade after the government announced that domestic passenger flight services will resume from 25 May in a calibrated manner
Coronavirus Outbreak: Aviation stocks fall after DGCA directive to stop bookings for travel after 3 May
Airline stocks fell up to 5.5 percent on Monday after regulator DGCA directed airlines to stop taking bookings for travel after 3 May
Airline and oil marketing stocks on Monday fell as crude oil prices surged after OPEC and its allies agreed to cut down on crude production
InterGlobe Aviation shares fall nearly 2% after SEBI finds violations in corporate governance, listing disclosure norms
InterGlobe Aviation has not received any communication from the markets regulator Securities and Exchange Board of India (SEBI), it said in a clarification to the exchanges.
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.
IndiGo parent InterGlobe Aviation shares drop nearly 4% after shareholders reject co-promoter Rakesh Gangwal's proposal
As per the AoA, if any member of Bhatia-led IGE Group wants to transfer shares to a third party, then the non-transferring group will have the 'Right of First Refusal' subject to certain conditions.
IndiGo parent InterGlobe Aviation net profit soars to Rs 496 cr in December quarter; total income jumps 25%
InterGlobe Aviation, the parent company of budget carrier IndiGo, on Monday reported a steep rise in profit after tax at Rs 496 crore for the three months ended December 2019, mainly helped by higher income
InterGlobe Aviation on Friday said a meeting of shareholders will be convened on January 29 to seek approval for certain changes in the company's articles of association
IndiGo parent InterGlobe Aviation shares tank over 4% after DGCA directive to ground old A320 neo family aircraft
Shares of InterGlobe Aviation on Tuesday dropped over 4 percent after the DGCA instructed IndiGo to ground an old A320 neo family aircraft with an unmodified Pratt and Whitney (PW) engine for every new A320 neo plane added to its fleet
IndiGo CEO says co-founders' feud has 'zero impact' on company; promoters on same page over airline's strategic direction
Amid ongoing feud between the airline's promoters, IndiGo CEO Ronojoy Dutta on Thursday said there is "zero impact" on the carrier right now as they are on the same page over the airline's strategic direction
India’s largest airline IndiGo said on Monday its flights and check-in systems were running normally, after an hours-long outage hit operations at airports, leading to long queues and hassling passengers
IndiGo, owned by Interglobe Aviation Ltd, is the country’s largest carrier with a nearly 50% share of the domestic market.
IndiGo's order for 300 A320neo family aircraft will secure future supply of aircraft for carrier into next decade, assure sustainable cash flow
The new order will also bulk up IndiGo’s ability to create a sustainable network in the region and expand further
IndiGo seeks employees support amid biggest quarterly loss; CEO says will have to deal with weakening revenue environment going forward
Budget carrier IndiGo on Tuesday sought the "support" of its employees following its biggest quarterly loss in the September quarter, saying that it will have to deal with the "weakening" revenue environment going forward
Budget carrier IndiGo announced on Tuesday it has placed a firm order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs
Shares of InterGlobe Aviation fell 3 percent on Tuesday after the DGCA asked IndiGo not to use A320 Neo planes which are fitted with PW engines that have already been used for over 3,000 hours, or face grounding of aircraft
Indian budget airline IndiGo is close to placing a near-record order for more than 300 Airbus A320neo-family jets worth at least $33 billion at recent catalogue prices to cement its position as India’s largest carrier by market share
DGCA orders IndiGo to modify 16 A320neo engines within 15 days; part of new safety protocol after temporary grounding orders last year
IndiGo’s planes fitted with Pratt & Whitney 1100 series engines have clocked more than 2,900 hours must have at least one modified engine