Tuesday, February 4

Tag: Indigo

IndiGo Q3 profit slides 18 pc to Rs 2,450 crore
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Business News, Feature

IndiGo Q3 profit slides 18 pc to Rs 2,450 crore

New Delhi, January 24, 2025. The country's largest airline IndiGo on Friday reported a nearly 18 per cent decline in consolidated profit of Rs 2,450.1 crore for the three months ended December 2024. The carrier had a profit of Rs 2,986.3 crore in the year-ago period, according to a regulatory filing.
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IndiGo announces flights between Delhi and Bikaner
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Business News, Feature, Rajasthan News, Travel News

IndiGo announces flights between Delhi and Bikaner

Jaipur, January 02, 2025.  IndiGo on Thursday announced Bikaner as its 90th domestic and 127th overall destination within its network. Starting February 7, IndiGo will enhance regional connectivity with new daily direct flights between Bikaner and Delhi, marking the airline's fifth destination in Rajasthan, airline officials said. With over 250 daily departures, the airline connects to 88 destinations from Delhi, linking to 69 domestic and 19 international destinations. Vinay Malhotra, Head of Global Sales, IndiGo said, “We are pleased to announce the culturally rich and vibrant city of Bikaner as the 90th domestic destination in our 6E network and the 5th in Rajasthan. IndiGo will now operate over 460 weekly flights from the state of Rajasthan, connecting 20 destinations direc...
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IndiGo introduces daily direct flights between Chennai and Penang
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Business News, Feature, Travel News

IndiGo introduces daily direct flights between Chennai and Penang

New Delhi, November 19, 2024. IndiGo Airlines has announced the launch of daily direct flights connecting Chennai and Penang, starting December 21, 2024. This marks Penang as IndiGo’s third direct destination in Malaysia, alongside Kuala Lumpur and Langkawi. According to the airline, this new route is designed to meet the rising demand for travel between Chennai and Penang, providing a seamless and budget-friendly option for both business and leisure travellers.  The direct service from Chennai to Penang will cut travel time from 7 hours to just 4. Additionally, IndiGo plans to resume flights between Bengaluru and Kuala Lumpur on the same date. In a statement, the airline highlighted that India is Malaysia’s fifth-largest source of tourists, and the new routes are expected to stre...
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IndiGo announces direct flights to Abu Dhabi from Mangaluru, Coimbatore, Tiruchirappalli

New Delhi, July 17, 2024. IndiGo has announced the launch of direct flights from Mangaluru, Coimbatore, and Tiruchirappalli to Abu Dhabi. The flights on the Abu Dhabi to Mangaluru route will operate daily, from August 9, and the Tiruchirappalli to Abu Dhabi will operate four times a week, starting from August 11. Starting from August 10, the direct flights from Coimbatore will operate thrice weekly. Recently, the airline had also announced new direct flight between Bengaluru and Abu Dhabi, which will operate six times a week starting August 1, 2024. These new routes will further enhance IndiGo’s international connectivity, with non-stop flights connecting the capital city of United Arab Emirates to major cities in south India, a press release form the airlines stated. Mr Vinay ...
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IndiGo plans to start flights to Mauritius, 9 other new destinations
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Feature, National News, Travel News

IndiGo plans to start flights to Mauritius, 9 other new destinations

New Delhi, June 03, 2024. IndiGo is planning to start flights to 10 new domestic and international destinations, including Mauritius, in the current financial year, its CEO Pieter Elbers said on Monday. At a briefing on the IATA World Air Transport Summit here, Elbers stressed the importance of having collaborations but also made it clear that "it is good to have tailor-made partnerships". Amid the rising number of air travellers, the airline has placed orders for 30 wide body A350-900 planes and has also announced plans to introduce business class seats by the end of this year.
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IndiGo to host IATA annual general meeting in Delhi next year
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Feature, National News

IndiGo to host IATA annual general meeting in Delhi next year

New Delhi, June 03, 2024. IndiGo will host the 81st annual general meeting of the International Airport Transport Association (IATA) in Delhi in June 2025 and the meeting will be held in the country after a gap of 42 years. The decision to host the 81st IATA Annual General Meeting (AGM) in India was made at the ongoing AGM here.
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IndiGo to introduce business class in flights this year
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IndiGo to introduce business class in flights this year

New Delhi, May 23, 2024. After flying for nearly 18 years, the country's largest airline IndiGo on Thursday announced it will introduce business class in flights this year, as the carrier seeks to provide more options for passengers amid rising economic growth. The airline will launch a "tailor-made business product", the details of which will be unveiled around August that will also mark the 18th anniversary of the carrier. The latest announcement also comes less than a month after the profitable carrier said it would buy 30 wide-body aircraft.
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IndiGo places order for 30 Airbus A350 jets
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IndiGo places order for 30 Airbus A350 jets

Jaipur, April 26, 2024. IndiGo, India’s top airline by market share, said on Thursday that it placed an order for 30 Airbus A350-900 widebody aircraft. The low-cost carrier expects deliveries to start from 2027. IndiGo also has purchase rights for an additional 70 Airbus A350 family aircraft,
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IndiGo Q3 profit more than doubles to Rs 2,998 crore
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Business News, Feature, National News

IndiGo Q3 profit more than doubles to Rs 2,998 crore

New Delhi, February 02, 2024. IndiGo's parent InterGlobe Aviationon on Friday reported more than doubling of its profit after tax to Rs 2,998.1 crore in the three months ended December 2023, as it remained profitable for the fifth straight quarter. In the year-ago period, the profit after tax stood at Rs 1,422.6 crore. "For the third quarter of financial year 2024, we reported a profit after tax of 30 billion rupees with a profit after tax margin of 15.4 per cent. With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again," I
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IndiGo withdraws fuel charge; airfares to reduce by up to Rs 1,000
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Feature, National News

IndiGo withdraws fuel charge; airfares to reduce by up to Rs 1,000

New Delhi, January 04, 2024. The country's largest airline IndiGo on Thursday announced the withdrawal of fuel charge that was collected from passengers, a move that will reduce airfares by up to Rs 1,000 on certain long routes. In the wake of a spike in jet fuel prices, the airline started levying the fuel charge on each domestic and international ticket from October 6, 2023. The quantum of the fuel charge varied from Rs 300 to up to Rs 1,000 depending on the distance. The airline, which is expanding its operations, said the fuel charge has been withdrawn with effect from January 4, due to the recent reduction in Aviation Turbine Fuel (ATF) prices.
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Indigo becomes the 6th largest airline in the world
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Business News, Feature, National News

Indigo becomes the 6th largest airline in the world

New Delhi, December 14, 2023. According to market capitalization, IndiGo has become the 6th largest airline in the world. Indigo has left America's United Airlines behind. The jump in the ranking has come due to the continuous rise in the stock of the airline's parent company InterGlobe Aviation for 12 consecutive days. For the first time since its listing in 2015, Indigo stock saw a rise in 12 consecutive trading days. The stock has given a return of 16% since the rally started from November 28. Earlier in 2021, there was a rise in prices for 11 consecutive trading days from August 23. However, in the last rally, stockholders got a return of 19%.
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