IndiGo becomes world's 3rd largest airline by market capitalisation after stocks hit new high
Mumbai: IndiGo Airlines became the world's third largest airline on Wednesday in terms of market capitalisation as stocks of its operator InterGlobe Aviation Limited climbed to a new record high on April 10 by trading 5 percent higher at Rs 3,801 apiece during afternoon trade, thus bolstering their gains for the fourth day in a row, media reports said.
IndiGo gets DGCA's approval to add 11 planes
Delhi: Budget carrier IndiGo has received approval from the Directorate General of Civil Aviation (DGCA) to incorporate 11 A320 planes from SmartLynx Airlines, media reports said.
Pieter Elbers becomes IndiGo's new CEO as Ronojoy Dutta retires
InterGlobe Aviation which operates budget carrier IndiGo Tuesday announced Pieter Elbers has joined as its new chief executive officer (CEO) with effect from September 6, replacing Ronojoy Dutta, who retired last week.
IndiGo's Q4Fy22 loss widens to Rs 1,682 cr
Mumbai: InterGlobe Aviation which runs budget airlines IndiGo said Wednesday that its losses in Q4FY22 went up to Rs 1,681.80 crore compared to Rs 1147.20 crore in the year-ago period.
IndiGo director Rakesh Gangwal resigns
New Delhi/IBNS: InterGlobe Aviation-owned airline IndiGo, on February 18 said co-founder Rakesh Gangwal has tendered his resignation as a director with immediate effect, media reports said.
IndiGo takes delivery of its first ever SAF aircraft
New Delhi/UNI: Budget airline carrier IndiGo on Friday announced that it has taken delivery of its first aircraft operating on Sustainable Aviation Fuel (SAF) from Airbus. This is the first international flight operated by any Indian carrier using SAF.
Indigo records net loss of Rs 1,435.7 crore in Q2FY22
Mumbai/IBNS: Interglobe Aviation Ltd, which runs India's biggest airline IndiGo, reported a net loss of Rs 1,435.7 crore in the quarter ending September 30, 2021.
Coronavirus Pandemic: Indigo records loss of Rs 2,849 crore in Q1FY21
Mumbai/IBNS: Hit by nationwide lockdown and continuous flight restrictions, India's largest airline Indigo reported a net loss of Rs 2,849 crore for the quarter ended June 30, compared with a profit of Rs 1,200 crore a year earlier.