Tag: indigo airlines

To mitigate the squeeze on margins, IndiGo began levying a fuel surcharge ranging from  ₹425 to  ₹2,300 on 14 March. (Reuters)
Posted in Business

IndiGo warns of demand hit as Iran war drives up flight ticket prices| Business News

IndiGo has warned that the Iran war, and the consequent surge in crude oil prices, is set to weigh on travel demand during the summer…

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A file photo of IndiGo's former CEO Pieter Elbers and MD Rahul Bhatia. (PTI)
Posted in Business

IndiGo shares surge to one-week high after CEO Pieter Elbers’ resignation| Business News

Shares of IndiGo operator Interglobe Aviation Ltd. rose to the highest in at least a week after the abrupt resignation of CEO Pieter Elbers. Rahul…

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Rahul Bhatia, co-founder and managing director of Interglobe Aviation (IndiGo). (HT)
Posted in Business

‘Main Hoon Na’, Rahul Bhatia says as he returns to IndiGo after CEO resignation| Business News

Rahul Bhatia has returned to lead the day-to-day operations of an airline that he co-founded nearly two decades ago, amid a turbulence that “should never…

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Adani Airports, part of billionaire Gautam Adani's conglomerate, operates eight airports, and has plans to bid for 11 more as part of its $11-billion expansion strategy. (Bloomberg)
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Adani Airports urges India to relax seat caps on foreign airlines| Business News

Adani Airports Ltd. has urged India to ease limits on how many seats foreign airlines can sell on flights to and from the country, saying…

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IndiGo has a 65% market share in India's aviation market. (HT)
Posted in Business

IndiGo’s flight to a monopoly, explained| Business News

That the Competition Commission of India has announced an investigation into IndiGo’s mass flight cancellations was par for the course. Sure, the CCI hasn’t specified…

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In the first week of December, IndiGo cancelled about 4,500 flights due to poor pilot roster planning. (Reuters)
Posted in Business

IndiGo share price in focus as it faces CCI probe after mass flight cancellations| Business News

Shares of InterGlobe Aviation Ltd. are in focus today after the Competition Commission of India said it was reviewing allegations of anti-trust violations by IndiGo…

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