Search Results for: Indigo

Govt mulling 49% stake sale in Air India: Report

The government may soon form a panel to look at the possibility of a stake sale, Reuters reported, citing NewsRise Financial.

Mar 23, 2016

Qatar Airways restates desire to buy IndiGo stake, alleges 'unfair' treatment by India

Akbar Al Baker, Qatar Airways CEO said his airline could not invest in Indigo's IPO due to time constraints.

Mar 17, 2016

LG launches new K8, K5 series mid-range smartphones

LG's new mid-range smartphones K8 and K5 series are confirmed to hit stores in select regions later this week.

Mar 15, 2016

Bangalore airport passenger traffic up 23%

The airport handled 17.3 million passengers, up from 14.1 million in the corresponding period last fiscal.

Mar 14, 2016

IndiGo becomes first Asian carrier to receive Airbus A320neo

IndiGo received its first A320neo aircraft after a three-month delay in delivery.

Mar 12, 2016

Indian Oil cuts jet fuel prices; aviation stocks rise

State-owned Indian Oil Corporation cut ATF prices by Rs 515 per kilolitre with effect from March 9 midnight.

Mar 10, 2016

Govt may scrap 5-year norm for airlines to fly overseas

However, the government may insist airlines reserve at least 20 aircraft or 20 percent of their fleet for domestic operations.

Mar 9, 2016

Air India Express to post Rs 250 crore profit for this fiscal: Report

The airline has been able to maintain a passenger load factor of 83 percent, despite increased competition from domestic players.

Mar 5, 2016

Budget 2016: Increased excise duty on jet fuel may lead to hike in airfares

The hike in excise duty on jet fuel has drawn criticism from industry experts and airlines.

Feb 29, 2016

5/20 aviation rule: AirAsia CEO takes a dig at older airlines

Tony Fernandes was responding to allegations made by older airlines that AirAsia is remote-controlled from Malaysia.

Feb 28, 2016

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

They contend that the proposed removal of the 5/20 rule is aimed at benefiting "two new airlines."

Feb 24, 2016

Vistara to reduce business class seats to boost load factor

Vistara had a market share of just 1.3 percent in the domestic passenger traffic in December last year.

Feb 23, 2016

Tata criticises older Indian airlines as competition heats up

Ratan Tata, in a tweet, accused established Indian airlines of trying to monopolise the domestic aviation market.

Feb 22, 2016

Ministers meet to discuss new civil aviation policy; 5/20 rule may be scrapped

The new civil aviation policy is expected to be finalised soon.

Feb 19, 2016

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846.