Page 7 - Interglobe Aviation

IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz

The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year

Analysts bet on larger players in travel & tourism space post RBI's support

In a bid to alleviate the adverse impact of the second wave of the pandemic on "contact-intensive sectors", RBI governor Shaktikanta Das announced a separate liquidity window of Rs 15,000 crore

IndiGo to report Q4 results on Saturday; Here's what analysts expect

Indigo Q4 Results: Painting a grim picture, Centrum Broking expects IndiGo's net loss to widen sequentially to Rs 743.3 crore from Rs 620.1 crore incurred in Q3FY21

Covid impact: Indian carriers risk consolidation, plane repossessions

Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May

IndiGo plans to raise Rs 3,500-4,000 cr as air travel takes a severe hit

Passenger numbers yesterday dropped below 100,000 for the first time since September

IndiGo to acquire four A321ceo planes, convert them into freighter aircraft

The airline is expected to take the delivery of its first plane in the first half of 2022

A soaring flight plan: Bird Group eyes Air India's ground handling arm

The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs

Burger King, PVR: Avoid these stocks as India sees second wave of Covid-19

Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Govt revises price band of air fares; time to buy IndiGo, SpiceJet?

The price hike has attracted the attention of market participants, now the stock needs to cross significant resistance to move ahead.

Aviation stocks take flight as govt ups fare price band; SpiceJet gains 7%

On Thursday, Ministry of Civil Aviation revised air fare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

IndiGo parent InterGlobe Aviation settles case with Sebi amid promoter feud

The company has settled the matter "without admitting or denying any violation on its part," by paying a settlement charge of Rs 2.1 crore, according to a Sebi order

IndiGo Airlines operator InterGloble settles row with Sebi, pays Rs 2.1 cr

The matter pertains to alleged violation of disclosure norms pertaining to related party transactions between the company and IGE Group, controlled by co-founder Rahul Bhatia

IndiGo reports Rs 620 cr loss in Q3, revenue drops 51% YoY to Rs 4,910 cr

The pre-tax loss came in at Rs 623.1 crore for the quarter under review, compared with pre-tax profit of Rs 556.5 crore clocked in Q3FY20.

F&O Expiry: Sensex sinks 536 pts; broader mkts outperform; bank stocks up

In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.

IndiGo Q3 preview: Server hack, fleet expansion among key monitorables

Investors expect the low cost airline to be a key beneficiary of revival in domestic travel amid the roll out of the coronavirus vaccine

Q3 preview: IndiGo, SpiceJet to benefit from weak dollar, festive travel

During the three months to December, Brent crude prices declined 28 per cent YoY while domestic aviation turbine fuel (ATF) prices plunged 31 per cent YoY

Servers hacked in Dec; hackers may upload docs on public platforms: IndiGo

IndiGo airlines said that some of its servers were hacked earlier in the month of December and hackers might upload some internal documents on public platforms

IndiGo recovering from Covid-19 induced aviation 'carnage' and may rehire

IndiGo, which has some 730 Airbus SE A320neo planes on order, laid off about 10% of its workforce due to the pandemic-driven slowdown

IndiGo looks to achieve pre-Covid traffic level in first few months of 2021

The airline is gearing-up for the expected demand and plans to Regional routes will take centre stage in aviation's growth especially in the near future