Page 11 - Interglobe Aviation

T2 shift: IndiGo, SpiceJet report smooth transition and no delays

Operations at the terminal kicked off 12 am onwards on Sunday

IndiGo, IndusInd Bank, Bharat Financial, Apollo Tyres hit 52-week highs

Britannia, Dilip Buildcon, Firstsource Solutions, Lakshmi Machine Works, MRF, Nestle India and TV18 Broadcasting were among 11 stocks from the S&P BSE500 index hitting their respective 52-week highs

Pratt and Whitney upset with DGCA's decision of grounding A320neo planes

Grounded Indian planes will be up in air by end of April says company president

Lessons from Neo fiasco: As drama played out, cracks and crevices emerged

Intense rivalry among airlines makes matters worse

One more IndiGo A320neo grounded, P&W engine woes continue

Budget carrier IndiGo today grounded one more A320 Neo fitted with Pratt&Whitney engine due to "oil chip issue" taking the total number of such planes on ground to seven. IndiGo confirmed the grounding of the plane bearing registration no VT-ITK after completing its flight to New Delhi from Kochi today. "VT-ITK (Neo) operating COK-DEL (Cochi-New Delhi) was alerted with an 'oil chip' message on engine no 1 post landing at Delhi. As a part of troubleshooting, aircraft was withdrawn at Delhi," IndiGo said in a statement. Significantly, aviation regulator Directorate General of Civil Aviation (DGCA) had grounded eight of IndiGo A320 Neo planes on March 12 along with three of GoAir due to safety issues. "Including this aircraft, IndiGo now has seven NEOs grounded," the airline said in a statement.

InterGlobe Aviation, Avenue Supermarts, MRF hit new highs

Apollo Tyres, Nestle India, SRF and Steel Strips Wheels too hit their respective record highs in intra-day trade today

Aditya Ghosh decides to move on after almost a decade in IndiGo cockpit

Sector watchers said the development was not a surprise as IndiGo is planning for the takeoff of its next phase of growth

IndiGo share price falls before Aditya Ghosh's resignation under Sebi lens

Stock price fell 6.3% on Friday before the announcement

IndiGo loses 73% net in Q4 on high fuel costs and competitive pressure

The management indicated the falling yields, over the first four months of the current calendar year, have started to reverse over the past week

IndiGo shares plunge to seven month low on dismal earnings

Citi cut its target price to Rs 1,240 from Rs 1,600, while Morgan Stanley trimmed it to Rs 1,205 from Rs 1,213

Bhatia vs Gangwal: IndiGo headed for a stormy board meet on Friday

Rahul Bhatia and Rakesh Gangwal - the founders of IndiGo - will possibly face each other with deep mistrust, which the board chairman, M Damodaran, will attempt to defuse

Battle for IndiGo: What led to the bitter public spat between two promoters

The first of a two-part series throws light on the developments that led to the bitter public spat between the two promoters of India's largest airline

IndiGo promoters' spat: Board to question Rakesh Gangwal on July 19

The board will also take a decision on whether to call for an external audit of Gangwal's personal expenses

IndiGo promoter dispute: Gangwal limited financial risks, says Bhatia camp

Rahul Bhatia claims he has played more significant role and undertaken financial risks

Rahul Bhatia-owned InterGlobe says it underwrote IndiGo's financial risk

A dispute between the founders of one of Asia's biggest budget carriers is deepening

The IndiGo drama

Many theories are doing the rounds about the sudden leadership change at India's largest airline

IndiGo wants to offer Wi-Fi in the sky; DoT to meet telecom operators soon

The DoT will create a separate category of such licences

Avenue Supermarts, IndiGo gain on inclusion in MSCI index

D-Mart has surged 6% to Rs 1,517, while IndiGo rallied 5% to Rs 1,249 on the BSE in intra-day trade.

IndiGo promoters' war: No listing norm violation, Bhatia may tell Sebi

Gangwal had recently approached Sebi, raising concerns linked to lapses in corporate governance at IndiGo, blaming co-promoter Bhatia for the same

At just 300 feet away, IndiGo &, IAF jets avert mid-air mishap over Chennai

IndiGo confirmed the incident, which is now being investigated by aviation regulator Directorate General of Civil Aviation (DGCA).