A Ranchi-bound Indigo flight returned to Indira Gandhi International (IGI) airport in Delhi within an hour after its take-off on Saturday morning following a technical snag, officials said. A passenger, onboard the flight said that the pilot of Indigo flight number 6E-2172 announced mid-air about the technical glitch in the aircraft, and said… Continue reading Ranchi-bound Indigo flight develops technical snag, returns to Delhi
Tag: IndiGo
IndiGo shares decline nearly 5% after record first quarter showing
BSE Odisha 10th Result 2023: All you need to know about checking result Assam HS Result 2023: AHSEC 12th results are out at official website CBSE Results 2023: Everything you need to know to check at website After a solid Q1, IndiGo’s troubles may mount in Q2FY24, warn analysts IndiGo Q3: Focus on international destinations… Continue reading IndiGo shares decline nearly 5% after record first quarter showing
IndiGo announces salary hikes for pilots after record profits in Q1
IndiGo, the largest domestic airline in India, will be increasing the salaries of its pilots and cabin crew following an impressive performance in the first quarter of 2023-24 (Q1FY24), where they achieved a record net profit of Rs 3,090 crore, according to a report by MoneyControl. This pay hike will affect around 4,500… Continue reading IndiGo announces salary hikes for pilots after record profits in Q1
Titan, IndiGo, MMTC, Airtel, Adani Ent, Nykaa
Stocks to Watch on Thursday, August 3: Global markets have extended their fall into second straight day on Thursday as ratings downgrade for the US by Fitch Ratings has triggered panic sell-off. Hong Kong’s Hang Seng index dropped 0.23 per cent, Japan’s Nikkei 225 tumbled 1.03 per cent, and Australia’s S&P/ASX 200 slid… Continue reading Titan, IndiGo, MMTC, Airtel, Adani Ent, Nykaa
IndiGo to set up LLP for venture capital investments in early stage firms
IndiGo’s Chief Financial Officer Gaurav Negi said it will be going for regulatory approvals for setting up the LLP and that internal discussions are happening about the possible investments. InterGlobe Aviation will set up a venture capital arm to make investments in early stage companies that are into aviation, consumer and allied sectors. … Continue reading IndiGo to set up LLP for venture capital investments in early stage firms
IndiGo posts highest ever quarterly net profit at Rs 3,090.6 cr in Q1
IndiGo on Wednesday posted its highest ever quarterly consolidated net profit at Rs 3,090.6 crore for the first quarter of 2023-24 (FY24), on the back of high load factors, lower fuel costs, and better foreign exchange rates. In Q1 of last financial year, India’s largest airline incurred a consolidated net loss of Rs… Continue reading IndiGo posts highest ever quarterly net profit at Rs 3,090.6 cr in Q1
After a string of tail strike incidents, IndiGo modifies procedures
After a spate of tail strike incidents, airline operator IndiGo has taken several steps to avoid any untoward incidents, including picking more experienced pilots to fly the Airbus A321 and eliminating certain procedures that put performance pressure on pilots, according to a report by The Economic Times (ET). IndiGo saw four incidents from… Continue reading After a string of tail strike incidents, IndiGo modifies procedures
IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded
About 10.2 per cent of IndiGo’s total 323 aircraft fleet is currently grounded, according to aviation analytics firm Cirium. All 33 grounded planes of IndiGo are powered by Pratt & Whitney (P&W) engines. On May 3, Go First suspended its flights and filed an insolvency application, squarely blaming P&W for its cash crunch.… Continue reading IndiGo still battling Pratt & Whitney engine woes, 10% fleet grounded
DGCA gives in-principle nod to Air India, IndiGo to import 970 planes
Air India. Photo: Bloomberg Aviation regulator DGCA has given in-principle nod for Air India and IndiGo to import a total of 970 planes. As part of their expansion plans, both carriers have placed huge aircraft orders. While Air India will acquire 470 aircraft from Airbus and Boeing, IndiGo is to buy 500 planes… Continue reading DGCA gives in-principle nod to Air India, IndiGo to import 970 planes