Interglobe Aviation
5,803.00
-41.00(-0.70%)
Market Cap₹2,25,876.60 Cr
PE Ratio31.15
IndustryAviation
Company Performance:
1D-0.70%
1M+2.91%
6M+38.97%
1Y+30.93%
5Y+543.06%
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More news about Interglobe Aviation
16Jul 25
IndiGo Reports 4% Drop in July Air Traffic Amid Board Changes
Interglobe Aviation, IndiGo's parent company, reported a 4% year-on-year decrease in air traffic for July, with passenger numbers dropping to 6.27 million. The company also announced the appointment of Michael G. Whitaker as an Additional and Independent Director for a five-year term, effective July 14, following security clearance from the Ministry of Civil Aviation.
15Jul 25
InterGlobe Aviation Welcomes Michael G. Whitaker as New Independent Director
InterGlobe Aviation Limited, parent company of IndiGo, has appointed Michael G. Whitaker as an Independent Director effective July 14, 2025, following approval from the Ministry of Civil Aviation. The appointment is for a five-year term and is subject to shareholder approval. This addition to the board is expected to contribute to the company's strategic direction and oversight.
15Jul 25
IndiGo Expands Global Reach with Jetstar Codeshare Partnership
InterGlobe Aviation (IndiGo) has entered into a codeshare partnership with Jetstar, aiming to enhance connectivity and expand travel options across their combined networks. The agreement allows for shared flight codes on select routes, potentially offering seamless travel bookings, expanded destinations, and improved connections between IndiGo's domestic network and Jetstar's international routes. This move aligns with IndiGo's international expansion strategy and is expected to benefit passengers through simplified bookings and possibly more competitive pricing.
14Jul 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of InterGlobe Aviation (IndiGo's parent company) shares occurred on the National Stock Exchange. 100,876 shares were traded at Rs. 5,921 per share, totaling Rs. 59.73 crores. This large transaction may indicate potential shifts in investor positioning or sentiment towards the company. The identities of the buyer and seller remain undisclosed.
11Jul 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of 89,618 shares of InterGlobe Aviation Ltd. occurred on the National Stock Exchange. The shares were traded at Rs. 5,922.50 each, totaling Rs. 53.08 crores. This large transaction has drawn attention due to its potential implications for the company's ownership structure, though the identities of the buyer and seller remain undisclosed. InterGlobe Aviation, operating as IndiGo, is India's largest passenger airline.
11Jul 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
InterGlobe Aviation Ltd., IndiGo's parent company, experienced a significant block trade on the National Stock Exchange. Approximately 112,108 shares were traded at Rs. 5,921.00 per share, totaling Rs. 66.38 crores. While the parties involved remain undisclosed, this large transaction has drawn market attention due to its potential implications for the company's ownership structure.
09Jul 25
IndiGo Ventures Raises Rs 450 Crore, Invests in Aerospace Startup Jeh Aerospace
Interglobe Aviation's corporate venture arm, IndiGo Ventures, announced the first close of its maiden fund at Rs 450 crore. The fund made its first investment in Jeh Aerospace, a Hyderabad-based aerospace startup. Jeh Aerospace plans to use the funding to scale its manufacturing infrastructure and enhance AI-driven production platforms.
09Jul 25
InterGlobe Aviation Shares: Major Block Trade Worth ₹148 Crore Executed
A block trade of 253,472 shares of InterGlobe Aviation Ltd., parent company of IndiGo, was executed on the National Stock Exchange. The transaction was valued at ₹148.05 crore, with each share priced at ₹5,841.00. This significant trade indicates continued investor interest in the aviation sector despite ongoing challenges.
08Jul 25
IndiGo Reports Strong Q4 FY25, Faces Headwinds in Q1 FY26
Interglobe Aviation, IndiGo's parent company, reported robust Q4 FY25 performance with a PRASK of Rs 4.65, driven by festive demand and special events. However, the airline anticipates challenges in Q1 FY26 due to global geopolitical issues and potential industry-wide effects from a recent Air India accident. These factors may impact IndiGo's performance in the coming quarter, requiring careful navigation of market conditions.
04Jul 25
InterGlobe Aviation Forms Partnership with Infiniti Software Solutions
InterGlobe Aviation, parent company of IndiGo, has formed a partnership with Infiniti Software Solutions. While specific details are undisclosed, the collaboration is expected to enhance IndiGo's technological capabilities. Potential benefits include technological advancements, improved customer experience, and increased operational efficiency. The partnership's impact on InterGlobe Aviation's market position and operations is yet to be determined.
04Jul 25
IndiGo Appoints Former G20 Sherpa Amitabh Kant as Non-Executive Director
Interglobe Aviation, IndiGo's parent company, has appointed Amitabh Kant, former G20 Sherpa and ex-CEO of NITI Aayog, as a non-executive director. The appointment is subject to regulatory and shareholder approvals, including security clearance from the Ministry of Civil Aviation. Kant's experience is expected to contribute to IndiGo's international expansion strategy. In its latest quarterly results, IndiGo reported a 62% increase in Q4 net profit to ₹3,067.50 crore and a 24% rise in revenue to ₹22,152.00 crore.
02Jul 25
IndiGo Expands International Reach with New Mumbai-Amsterdam Nonstop Flight
IndiGo, India's leading airline, has introduced a new nonstop flight service connecting Mumbai and Amsterdam. This strategic move enhances IndiGo's global connectivity, linking India's financial hub with a major European economic center. The direct route is expected to benefit both business travelers and tourists by reducing travel time and facilitating easier business connections between India and the Netherlands. This expansion aligns with IndiGo's strategy to grow its international presence and cater to the increasing demand for direct flights from India's major cities to global destinations.
02Jul 25
IndiGo Expands Global Reach with Direct Mumbai-Amsterdam Flights
IndiGo, India's leading airline, has introduced direct flights between Mumbai and Amsterdam, marking its second long-haul international service. The thrice-weekly route utilizes Boeing 787-9 Dreamliner aircraft. This strategic expansion aims to enhance India's global connectivity, particularly with Europe, and is expected to boost trade, tourism, and cultural exchanges between India and the Netherlands. The new service represents a significant step in IndiGo's international growth strategy and could lead to more long-haul routes in the future.
02Jul 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of 42,988 shares of InterGlobe Aviation Ltd., parent company of IndiGo, occurred on the National Stock Exchange. The shares were traded at Rs. 5,899.50 each, totaling Rs. 25.36 crores. While the identities of the buyer and seller remain undisclosed, such large trades often draw market attention and can potentially indicate shifts in ownership or institutional interest.
02Jul 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
InterGlobe Aviation Ltd., IndiGo's parent company, experienced a significant block trade on the National Stock Exchange. Approximately 111,498 shares were traded at Rs. 5,951.00 per share, totaling Rs. 66.35 crores. The identities of the buyer and seller remain undisclosed. This transaction has drawn attention due to its potential implications for the company's ownership structure.
02Jul 25
InterGlobe Aviation Sees Significant Block Trade on NSE
InterGlobe Aviation Ltd., IndiGo's parent company, experienced a significant block trade on the National Stock Exchange. 100,873 shares were traded at Rs. 5,956.00 per share, totaling Rs. 60.08 crores. This transaction underscores ongoing interest in the aviation sector, despite industry challenges.
01Jul 25
IndiGo Takes Off to Manchester: Launches First Long-Haul International Flight
Interglobe Aviation's IndiGo has inaugurated its first long-haul international flight, launching a direct service from Mumbai to Manchester. The route will operate three times a week using Boeing 787-9 Dreamliner aircraft. This strategic move marks IndiGo's entry into the long-haul market, signaling a shift from primarily domestic and short-haul operations to a global airline. The expansion aims to enhance IndiGo's international footprint, increase competitiveness in the global aviation market, and potentially open new revenue streams.
30Jun 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A block trade of approximately 101,128 shares of InterGlobe Aviation Ltd., parent company of IndiGo, occurred on the National Stock Exchange. The shares were traded at Rs. 5,964.00 each, totaling Rs. 60.31 crores. This substantial transaction could potentially indicate shifts in institutional investor positions or changes in the company's ownership structure.
23Jun 25
InterGlobe Aviation Poised for Potential Nifty 50 Index Inclusion
InterGlobe Aviation, IndiGo Airlines' parent company, is expected to join the Nifty 50 index in the upcoming review, as reported by CNBC TV18. This inclusion could boost the company's visibility among investors, potentially increasing trading volumes and liquidity. It may lead to higher institutional interest, as index funds and ETFs tracking Nifty 50 might need to include the stock. The move would also bring more diversity to the index with stronger representation from the aviation sector.
23Jun 25
IndiGo Evaluates Flight Cancellations Amid US-Iran Tensions
Interglobe Aviation, IndiGo's parent company, is considering potential flight cancellations due to US actions against Iran. This decision reflects the aviation industry's response to escalating geopolitical tensions in the region. While specific routes are not detailed, the company's approach prioritizes safety over operational convenience. Passengers are advised to stay updated on potential travel disruptions. The situation highlights the global aviation industry's interconnectedness and standard cautionary practices during international conflicts.
19Jun 25
IndiGo to Launch Direct Flights from Hindon to Eight Major Cities
InterGlobe Aviation Ltd., IndiGo's parent company, announces expansion of domestic network with direct flights from Hindon, Uttar Pradesh to eight major Indian cities. The new hub will launch on July 20, 2025, offering over 70 weekly departures. This strategic move aims to enhance connectivity in the National Capital Region, serving as IndiGo's second operational airport in the area alongside Delhi's Indira Gandhi International Airport. The expansion is expected to improve regional connectivity, drive economic growth, and offer more convenient travel options for passengers in eastern NCR and western Uttar Pradesh.
16Jun 25
IndiGo Expands Network: New Direct Flights from Delhi to Jorhat and Tiruchirappalli
IndiGo, India's leading low-cost carrier, is expanding its domestic network with new direct flight routes from Delhi. The airline will connect Delhi to Jorhat, Assam (four times a week from September 20) and Tiruchirappalli, Tamil Nadu (daily from September 16). This expansion aims to enhance regional connectivity, support trade and commerce, boost tourism, and improve accessibility to these tier-2 cities. The new routes are expected to positively impact local economies and contribute to IndiGo's broader strategy of strengthening its domestic network.
16Jun 25
Interglobe Enterprises Refutes Rumors of IndiGo Stake Sale
Interglobe Aviation, IndiGo's parent company, has firmly denied media reports suggesting a potential stake sale in the airline. The company stated that these reports are unfounded and lack factual basis. This clarification aims to address market rumors and maintain transparency with stakeholders, potentially stabilizing any market volatility that may have resulted from the unsubstantiated claims.
13Jun 25
InterGlobe Aviation Co-Promoter Rahul Bhatia Plans $1 Billion Stake Sale
InterGlobe Enterprises, led by Rahul Bhatia, is preparing to sell up to 4% stake in InterGlobe Aviation, the parent company of IndiGo. This sale could raise $1 billion and reduce InterGlobe Enterprises' stake from 35.70% to about 32%. IndiGo's stock has risen 20% since June, following a previous 2% stake sale by Bhatia. The move comes as the airline industry shows signs of recovery and growth.
13Jun 25
InterGlobe Enterprises to Offload 4% Stake in IndiGo
InterGlobe Enterprises, a co-promoter of Interglobe Aviation (IndiGo), plans to divest a 4% stake in India's largest airline through block transactions. This move will alter the ownership structure of IndiGo and may impact investor sentiment and the company's stock price. The stake sale's motivation and its effects on IndiGo's operations and strategy remain to be seen.
11Jun 25
IndiGo Expands Horizons: Direct Flights to Central Asian Cities on the Horizon
IndiGo, India's leading airline, announces plans to launch direct flights to Almaty (Kazakhstan), Tashkent (Uzbekistan), and Tbilisi (Georgia). This expansion aims to enhance connectivity between India and Central Asia, facilitating easier access for travelers, boosting tourism, and strengthening business opportunities. The move aligns with IndiGo's strategy to expand its international presence and is expected to reduce travel time, increase convenience for passengers, and potentially stimulate competition in the aviation sector for Central Asian routes.
10Jun 25
IndiGo Soars to New Heights: Launches Direct Flights to Central Asian Cities
IndiGo, India's leading airline, is launching non-stop services to three Central Asian cities: Almaty (Kazakhstan), Tashkent (Uzbekistan), and Tbilisi (Georgia). This expansion aims to reduce travel times, boost tourism and business ties, and strengthen IndiGo's international presence. The move is part of the airline's strategy to diversify its global portfolio and tap into emerging markets.
02Jun 25
IndiGo Doubles Airbus A350-900 Order to 60 Aircraft, Boosting International Expansion Plans
InterGlobe Aviation, IndiGo's parent company, has signed an MoU with Airbus to convert 30 purchase rights into firm orders for A350-900 wide-body aircraft, doubling its previous order to 60 planes. Deliveries are set to begin in 2027. This strategic move aims to enhance IndiGo's international operations, expand its long-haul route network, and compete more effectively with full-service carriers globally.
02Jun 25
IndiGo Expands Fleet: Doubles Airbus A350-900 Order to 60 Aircraft
IndiGo, India's leading airline, has signed a Memorandum of Understanding with Airbus to increase its order of A350-900 aircraft from 30 to 60 units. This expansion of IndiGo's wide-body fleet signals the airline's ambition to strengthen its position in the long-haul market. The A350-900, known for fuel efficiency and long-range capabilities, could enable IndiGo to explore new international routes, enhance passenger experience, and improve operational efficiency. This move indicates IndiGo's commitment to fleet modernization and expansion, potentially impacting its market position and competitiveness in both domestic and international markets.
01Jun 25
IndiGo Boosts Wide-Body Fleet with Additional 30 Airbus A350-900 Orders
IndiGo has signed an MoU with Airbus for 30 additional A350-900 aircraft, bringing its total order to 60. The new wide-body planes are expected for delivery from 2035 onwards. Alongside this fleet expansion, IndiGo plans to launch flights to 10 new international destinations within the current fiscal year, significantly enhancing its global presence.
31May 25
IndiGo Expands Network: New Mumbai-Adampur Daily Flights from July 2025
IndiGo is introducing daily direct flights between Mumbai and Adampur (Jalandhar) starting July 2, 2025. This expansion makes Adampur IndiGo's 92nd domestic and 133rd overall destination. The new route aims to enhance regional connectivity, reduce travel time, stimulate trade, and boost tourism in Punjab. It aligns with India's regional connectivity scheme and IndiGo's strategy to expand into underserved markets.
30May 25
IndiGo CEO Pledges Compliance with Government Regulations on Turkish Airlines Wet Leasing
IndiGo, India's largest airline, has pledged to adhere to government regulations regarding wet-leased aircraft from Turkish Airlines amid increased scrutiny. CEO Pieter Elbers affirmed the airline's commitment to compliance. The civil aviation ministry is gathering input from IndiGo and security agencies on the matter, prompted by recent geopolitical tensions involving Turkey. This situation could potentially impact IndiGo's fleet strategy and its relationship with Turkish Airlines.
30May 25
DGCA Grants IndiGo Final 3-Month Extension for Turkish Airlines Aircraft Lease
IndiGo has been granted a final three-month extension by the DGCA for its damp lease of two Boeing 777-300ER aircraft from Turkish Airlines. The extension is conditional on IndiGo terminating the lease within this period and not seeking further extensions. The DGCA cited passenger convenience as the reason for approval. This decision reflects IndiGo's temporary capacity management strategy and its commitment to regulatory compliance.
30May 25
IndiGo's Global Expansion: New Routes Planned and DGCA Extension for Leased Boeing Aircraft
IndiGo, India's leading low-cost carrier, has announced plans to add 10 new international destinations by March 2026, aiming to increase its international operations to 40% of total capacity within five years. The airline will lease six Boeing 787-9 Dreamliners to support this growth, marking a departure from its all-Airbus fleet. IndiGo expects its fleet to exceed 600 aircraft by 2030, with Airbus A350s joining from 2027. The DGCA has granted a three-month extension for IndiGo to operate two leased Boeing 777 aircraft until August 31, 2025. The carrier also plans to add four new domestic destinations.
28May 25
IndiGo Gears Up for A350 Fleet: Appoints Aviation Veteran Ton Dortmans
InterGlobe Aviation, IndiGo's parent company, is set to welcome Ton Dortmans by mid-August to support the technical entry of Airbus A350 aircraft into its fleet. This move signals IndiGo's expansion into widebody aircraft operations, potentially enabling long-haul international routes and enhancing its competitive position. Dortmans' expertise will be crucial in ensuring smooth integration of the A350, covering aspects such as technical specifications, crew training, and regulatory compliance.
28May 25
InterGlobe Aviation Appoints Vikram Singh Mehta as New Board Chairperson
InterGlobe Aviation Ltd., parent company of IndiGo, has appointed Vikram Singh Mehta as the new chairperson of the board, replacing Venkataramani Sumantran who completed his five-year term. Mehta, known for his extensive corporate and administrative experience, is expected to guide the company through the challenges in the aviation sector. The leadership change comes at a crucial time as the industry recovers from the pandemic's impact.
28May 25
InterGlobe Aviation Co-founder Offloads 5.72% Stake for ₹11,564 Crore; IndiGo to Pioneer Operations at Navi Mumbai Airport
Rakesh Gangwal and his family trust have sold a 5.72% stake in InterGlobe Aviation, IndiGo's parent company, for ₹11,564 crore. The bulk deal of 2.21 crore shares was executed at ₹5,175 per share, a 4.5% discount to the previous closing price. This sale reduces Gangwal's stake from 13.53% to 7.81%, continuing his phased exit strategy announced in 2022. Separately, IndiGo plans to be the first airline to operate from the new Navi Mumbai International Airport, initially launching over 18 daily flights to 15 cities, with plans to expand to over 100 daily flights by March 2026.
27May 25
IndiGo Soars High: Market Dominance Persists Amid Promoter's ₹40,000 Crore Stake Sale
InterGlobe Aviation, IndiGo's parent company, maintains market leadership despite promoter Rakesh Gangwal's ₹40,000 crore stake sale. The airline is expanding its fleet, increasing international routes, and targeting business class travelers. 73% of analysts recommend 'Buy', reflecting strong market confidence in IndiGo's growth strategies and resilience in the aviation sector.
27May 25
InterGlobe Aviation Shares Surge in ₹11,928 Crore Block Deal
InterGlobe Aviation, IndiGo's parent company, saw a major block deal of 2.26 crore shares worth ₹11,928 crore, representing 5.8% of the company's equity. The deal, initially valued at ₹6,831 crore, was upsized due to strong investor demand. Rakesh Gangwal, co-founder, is speculated to be the seller. The transaction includes a 150-day lock-in period for the seller, preventing further share offloading during this time.
27May 25
InterGlobe Aviation Shares See Massive Block Trades Worth Over Rs. 11,700 Crores
InterGlobe Aviation, IndiGo's parent company, experienced two significant block trades on the NSE, totaling over Rs. 11,700 crores. The first trade involved 11,126,028 shares at Rs. 5,269 per share, while the second trade comprised 11,176,371 shares at Rs. 5,261 per share. Combined, these trades amounted to 22,302,399 shares, indicating substantial investor interest in the company.
27May 25
IndiGo Co-founder Rakesh Gangwal to Offload 3.4% Stake in Rs 6,831 Crore Block Deal
Rakesh Gangwal, co-founder of IndiGo, plans to sell up to 3.4% of his stake in the company through a block deal valued at approximately Rs 6,831 crore. The floor price is set at Rs 5,175 per share, a 4.50% discount to the current market price. This sale is part of Gangwal's gradual exit strategy, reducing his family's stake from 36.60% in 2022 to 13.50% currently. The deal is expected to attract significant attention from institutional investors and may impact IndiGo's short-term stock price.
26May 25
IndiGo Founders to Offload 3.4% Stake in Rs 6,833 Crore Block Deal
Rakesh Gangwal, IndiGo's founder, and the Chinkerpoo Family Trust plan to sell up to 3.4% stake in InterGlobe Aviation Ltd, amounting to approximately 1.3 crore shares. The floor price is set at Rs 5,175.00 per share, a 4.5% discount to the last closing price. If fully subscribed, the deal could raise about Rs 6,833.00 crore ($825 million). This partial exit comes amid IndiGo's strong growth in the Indian aviation sector, potentially attracting institutional investors.
26May 25
IndiGo Co-Founder Rakesh Gangwal to Offload 3.4% Stake in Block Deal
Rakesh Gangwal, co-founder of InterGlobe Aviation (IndiGo's parent company), plans to sell up to 3.4% of his equity stake through a block deal valued at ₹6,831 crore. The floor price is set at ₹5,175 per share, a 4.5% discount to the current market price. A book building process has been initiated, with Goldman Sachs, Morgan Stanley, and JPMorgan involved as advisors.
23May 25
IndiGo-Turkish Airlines Partnership Under Government Scrutiny
The Indian government is reviewing IndiGo's partnership with Turkish Airlines, focusing on national security concerns. The Civil Aviation Minister announced plans to consult security agencies regarding this collaboration. Discussions will cover the IndiGo-Turkish codeshare agreement and IndiGo's lease renewal. This scrutiny could significantly impact IndiGo's international partnerships, expansion plans, and operational strategies.
22May 25
IndiGo Unveils Ambitious Fleet Expansion and Capacity Growth Strategy
IndiGo, India's leading low-cost carrier, has announced plans for significant fleet expansion and capacity growth. The airline aims to acquire a diverse range of narrow-body and wide-body aircraft, with deliveries starting in 2027. IndiGo plans to expand its route network and has projected capacity growth in the early double digits for FY2026 compared to FY2025, with a mid-teens increase expected in Q1 FY26 versus Q1 FY25. This strategy signals IndiGo's commitment to strengthening its market position and anticipating increased air travel demand.
22May 25
IndiGo Reports 62% Increase in Profit to ₹3,067 Crore, Receives Investment Grade Rating
Interglobe Aviation, IndiGo's parent company, reported a 62% year-on-year increase in net profit to ₹3,067 crore for Q4. Revenue rose 24% to ₹22,152 crore. The airline announced new long-haul flights to Amsterdam and Manchester starting July, using leased Boeing 787 aircraft. IndiGo expects mid-teens capacity growth in the upcoming quarter. The company declared its first dividend in five years and received an investment-grade credit rating from Moody's. Analysts from Morgan Stanley, Jefferies, and Citi maintained positive outlooks, raising target prices for the company's shares.
21May 25
IndiGo Grapples with Grounded Aircraft Amid Operational Challenges
IndiGo, India's leading low-cost carrier, is experiencing significant operational challenges. The airline has approximately 50 grounded aircraft due to Pratt & Whitney engine issues. Despite this, the CEO affirms commitment to regulatory compliance. Traffic patterns show volatility with April starting strong, May seeing a decline, and expectations of recovery in June. The airline's Istanbul operations continue within the existing Air Service Agreement framework. The CEO refrained from commenting on reports about Air India's request to review Turkish partnerships.
21May 25
IndiGo Soars: 62% Profit Surge and Rs 10 Dividend Declared
InterGlobe Aviation Ltd., IndiGo's parent company, reported a 62% increase in Q4 profit to Rs 3,067.00 crore, surpassing market expectations. Revenue rose 24.3% to Rs 22,152.00 crore. The board recommended a dividend of Rs 10 per share, totaling Rs 196.00 crore payout. The company's Annual General Meeting is scheduled for August 20.
21May 25
IndiGo Reports Strong Q4 Performance, Projects Capacity Growth for FY26
InterGlobe Aviation, operating IndiGo, India's largest airline, released its Q4 performance metrics showing robust operational results. Key highlights include 42.10 billion ASK, 5.32 rupees per kilometer yield, and 87.40% load factor. The airline projects mid-teens capacity growth for Q1 FY2026, indicating confidence in market demand and expansion plans.
21May 25
IndiGo Spreads Wings to Europe: Direct Flights to Manchester and Amsterdam
IndiGo is expanding its international operations with new direct flights from Mumbai to Manchester and Amsterdam starting July 2023. The airline will operate thrice-weekly services using leased Boeing 787-9 aircraft, marking its entry into the long-haul market. IndiGo will offer complimentary meals on these flights, deviating from its typical low-cost model. This strategic move aims to capture the growing demand for non-stop flights between India and Europe, potentially reshaping the competitive landscape in this sector.
21May 25
IndiGo's Q4 Profit Soars 62%, Beats Estimates; InterGlobe Aviation Declares ₹10 Per Share Dividend
InterGlobe Aviation, operator of IndiGo, reported exceptional Q4 results with revenue up 24.3% to ₹22,152.00 crore and net profit rising 62% to ₹3,067.00 crore. The company's market share expanded to 64.1% in April. A dividend of ₹10.00 per share was declared. Strong performance attributed to robust travel demand, favorable crude oil prices, and operational efficiency.
21May 25
IndiGo Soars to 64.1% Market Share in April, Strengthening Its Dominance in Indian Aviation
IndiGo, India's largest airline, has increased its market share to 64.10% in April, further solidifying its position in the country's aviation sector. This growth is attributed to the airline's extensive network, ongoing fleet expansion, operational efficiency, and strong recovery post-pandemic. The development has significant implications for the industry, potentially increasing competitive pressure on other airlines and possibly leading to further market consolidation.
20May 25
IndiGo Anticipates Strong Q4 Performance with Up to 27% YoY Revenue Growth
InterGlobe Aviation, IndiGo's parent company, is expected to report robust Q4 financial performance. Analysts project 19-27% year-over-year revenue growth, estimating between Rs 21,246.00 crore and Rs 22,723.00 crore. The positive outlook is driven by strong Available Seat Kilometers (ASK) and Passenger Load Factor (PLF). However, profit estimates vary among brokerages. Key challenges include potential P&W engine groundings and competitive pressures in the Indian aviation sector.
20May 25
IndiGo to Announce Q4 and FY25 Results on May 21, Consider Dividend
InterGlobe Aviation Ltd., IndiGo's parent company, will release its Q4 and FY25 financial results on May 21, 2025. The board meeting will also consider a dividend proposal. An earnings call for analysts and investors will follow the announcement. The results will provide insights into IndiGo's performance, including revenue growth, profitability, passenger load factors, and fleet utilization.
19May 25
IndiGo-Turkish Airlines Lease Agreement Under Government Scrutiny
InterGlobe Aviation Ltd.'s leasing agreement with Turkish Airlines for the Delhi-Istanbul route is under review by the Indian government, with renewal unlikely due to strained India-Turkey relations. The agreement, set to expire on May 31, has been crucial for IndiGo's international operations using wide-body aircraft. Non-renewal could force IndiGo to reassess its long-haul strategy, particularly for the Delhi-Istanbul route.
16May 25
IndiGo to Review Q4 Financial Results on May 21
IndiGo, India's largest airline, will review and approve its Q4 and FY 2023 financial results on May 21, 2023. The board meeting announcement comes amid ongoing challenges in the aviation sector. IndiGo has also announced additional flights to accommodate passengers affected by Go First's suspension of operations, which may impact future operational metrics.
14May 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of 104,828 shares of InterGlobe Aviation Ltd., the parent company of IndiGo, occurred on the National Stock Exchange. The transaction was valued at Rs. 57.89 crores, with shares priced at Rs. 5,522.50 each. While the parties involved remain undisclosed, such large trades often indicate potential shifts in ownership or investor sentiment. InterGlobe Aviation, operating as IndiGo, is India's largest passenger airline known for its low-cost model and extensive domestic network.
13May 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of 110,754 shares of InterGlobe Aviation Ltd., the parent company of IndiGo, occurred on the National Stock Exchange. The transaction was valued at Rs. 60.99 crores, with shares priced at Rs. 5,507.00 each. While the identities of the parties involved remain undisclosed, this large-scale trade has drawn market attention due to its potential implications for the company's ownership structure.
08May 25
IndiGo Expands Wide-Body Fleet for European Routes, Leasing Six Boeing 787-9 Aircraft
InterGlobe Aviation, operator of IndiGo, is leasing six Boeing 787-9 aircraft from Norse Atlantic Airways, set to begin operations in mid-summer 2025. This expansion marks IndiGo's entry into wide-body operations, aiming to increase international capacity from 28% to 40% by 2030. The move will enable direct flights to European destinations, potentially reshaping India's long-haul travel market.
08May 25
InterGlobe Aviation Shares: Major Block Trade Worth Rs. 40.52 Crores on NSE
A significant block trade of 75,678 shares of InterGlobe Aviation Ltd., the parent company of IndiGo, occurred on the National Stock Exchange. The shares were traded at Rs. 5,354.00 each, totaling Rs. 40.52 crores. This substantial transaction could potentially influence market sentiment towards the company and the aviation sector.
28Apr 25
IndiGo Faces Operational Challenges Amid Pakistani Airspace Closure
IndiGo, India's leading airline, is experiencing significant operational disruptions due to the closure of Pakistani airspace. The airline is adjusting approximately 50 international routes, implementing longer flight paths which may increase flight durations and fuel consumption. IndiGo has also cancelled flights to Almaty (April 27 - May 7) and Tashkent (April 28 - May 7). Passengers may face longer flight times, schedule changes, and temporary loss of connectivity to certain Central Asian destinations. The airline is grappling with potential increased fuel costs, schedule disruptions, and the need for revised flight planning.
25Apr 25
IndiGo Faces Flight Disruptions Amid Pakistan Airspace Closure; Appoints Former FAA Chief to Board
IndiGo is experiencing international flight disruptions due to Pakistan's airspace closure. The airline has appointed Michael G. Whitaker, former FAA Administrator, as an Independent Director for a five-year term. Dr. V. Sumantran will conclude his tenure as Chairman in May 2025. IndiGo currently operates over 400 aircraft, serving more than 90 domestic and 40 international destinations.
24Apr 25
IndiGo Faces Flight Disruptions Amid Pakistan Airspace Closure and Announces Board Changes
IndiGo Airlines is experiencing international flight disruptions due to Pakistan airspace closure. The airline is offering rebooking options or refunds to affected passengers. Simultaneously, IndiGo's parent company, InterGlobe Aviation Limited, announced board changes. Michael G. Whitaker, former FAA Administrator, has been appointed as an Independent Director for a five-year term, pending approvals. Dr. V. Sumantran will conclude his term as Independent Director and Chairman in May 2025. Despite challenges, IndiGo maintains its position as a leading global carrier with over 400 aircraft and 2,200 daily flights.
24Apr 25
IndiGo Appoints Former FAA Chief Michael Whitaker as Independent Director
InterGlobe Aviation Limited, IndiGo's parent company, has appointed Michael G. Whitaker, former U.S. FAA Administrator, as an Independent Director for a five-year term, pending approvals. This appointment coincides with Dr. Venkataramani Sumantran's decision not to seek re-election as Chairman. Whitaker brings extensive aviation experience from roles at FAA, Supernal, and United Airlines. IndiGo, with over 400 aircraft and 2,200 daily flights, sees this as a strategic move to support its rapid growth and international expansion.
23Apr 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
InterGlobe Aviation Ltd., IndiGo's parent company, saw a significant block trade on the NSE. 305,169 shares were traded at Rs. 5,523.50 per share, totaling Rs. 168.56 crores. This large transaction, likely involving institutional investors, occurs as the aviation sector recovers post-pandemic.
23Apr 25
InterGlobe Aviation Shares See Significant Block Trade on NSE
A significant block trade of 102,386 shares of InterGlobe Aviation Ltd., IndiGo's parent company, occurred on the National Stock Exchange. The transaction, valued at Rs. 56.36 crores, was executed at Rs. 5,505.00 per share. While the parties involved remain undisclosed, such large trades often indicate potential changes in major shareholdings or institutional investor activity.
21Apr 25
InterGlobe Aviation Shares See Significant Block Trade Worth ₹27.87 Crore
InterGlobe Aviation Ltd., IndiGo's parent company, experienced a significant block trade on the National Stock Exchange. Approximately 51,407 shares were traded at ₹5,421.00 per share, totaling ₹27.87 crore. This large transaction indicates continued interest in the aviation sector and potential institutional activity, despite recent industry challenges.
18Apr 25
IndiGo CEO Advocates for Mature Discussion on Pilot Rest Hours Amid Regulatory Changes
IndiGo, India's largest airline, is preparing for significant changes in pilot work schedules due to upcoming DGCA regulations. CEO Pieter Elbers has called for a 'mature discussion' on revising rest and duty hours for pilots, emphasizing safety. The new Flight Duty Time Limitation norms, set to be implemented in July, will increase mandatory weekly rest for pilots from 36 to 48 hours. IndiGo is reviewing potential network changes to comply with these regulations, demonstrating its readiness to adapt to evolving industry standards.
18Apr 25
IndiGo Launches Premium 'IndiGoStretch' Service on Bengaluru-Mumbai Route
InterGlobe Aviation Ltd's IndiGo is introducing a new premium service called 'IndiGoStretch' on the Bengaluru-Mumbai route, starting May 1, 2025. The service offers spacious seating, priority check-in, enhanced baggage allowance, and complimentary meals. Priced from INR 17,000.00, this move aims to capture the higher-yield market segment and differentiate IndiGo in the competitive Indian aviation sector.
14Apr 25
IndiGo Streamlines Operations: Shifts to Terminal 1 at Delhi's IGI Airport
InterGlobe Aviation, operator of IndiGo, announces consolidation of all operations to Terminal 1 at Delhi's IGI Airport from April 15. This move aims to streamline processes, potentially improving efficiency and passenger experience. Benefits may include simplified navigation, reduced transfer times, and enhanced operational efficiency. Passengers are advised to note this change for their upcoming flights.
07Apr 25
IndiGo Soars: Strong Q4 Performance Expected, FY26 Outlook Brightens
InterGlobe Aviation Ltd, IndiGo's parent company, is expected to deliver robust Q4 results according to ICICI Securities. The airline's Q3 FY24 financials showed 14.61% YoY revenue growth to ₹22,992.80 crore and 5.23% EBITDA increase to ₹6,060.70 crore. Despite a slight dip in net profit, IndiGo's operational efficiency improved with a 23.42% operating profit margin. Favorable supply-demand conditions are anticipated to persist into FY26, supporting the airline's growth prospects.
30Mar 25
IndiGo Parent InterGlobe Aviation Contests Rs 944.20 Crore Tax Penalty
InterGlobe Aviation, IndiGo's parent company, has been hit with a Rs 944.20 crore tax penalty for the 2021-22 assessment year. The company is contesting the order, claiming it's based on a misunderstanding of their ongoing appeal status. InterGlobe asserts the penalty won't significantly impact their financials or operations and plans to pursue legal remedies.
20Mar 25
IndiGo's Ambitious Fleet Expansion: 925 Aircraft Order Signals Global Growth Strategy
InterGlobe Aviation Ltd., parent of IndiGo, has ordered 925 aircraft for delivery by 2035, including A321 XLR for mid-haul and A350 for long-haul routes. This order aims to enhance global connectivity, increase fleet flexibility, and demonstrates a long-term growth vision. The move positions IndiGo to expand beyond short-haul routes and compete internationally, while also modernizing its fleet for improved efficiency.
19Mar 25
InterGlobe Aviation Shares See Major Block Trade on NSE
InterGlobe Aviation, IndiGo's parent company, saw a block trade of 102,668 shares worth Rs. 50.99 crores on NSE. The company recently outlined ambitious plans including international expansion to 40% capacity by FY30, fleet growth to over 600 aircraft by 2030, introduction of business class offering, digital enhancements, and ESG commitments. These developments occur against the backdrop of the block trade, potentially indicating shifting investor sentiment in the aviation sector.
19Mar 25
IndiGo Sets Ambitious Target to Boost International Capacity Share by 2030
IndiGo plans to increase its international capacity share from 28% to 40% by FY2030. The airline aims to expand its fleet to over 600 aircraft, introducing A321 XLRs and widebody aircraft to serve longer routes. IndiGo is diversifying its offerings with a business class product and enhanced cargo operations. The company reported strong financials with a total income of ₹795 billion and a profit after tax of ₹61 billion for the 12 months ending December 2024.
19Mar 25
IndiGo Unveils Ambitious Fleet Expansion and International Growth Strategy
IndiGo, India's largest airline, has announced a major expansion plan aiming to grow its fleet to over 600 aircraft by 2030. The strategy includes introducing new aircraft types like Airbus A321 XLR, ATR, and potentially A350 or Boeing 787 for long-haul routes. The airline plans to increase its international capacity share to 40% by FY30, enhance cargo operations, and focus on digital transformation. Despite challenges, IndiGo reported strong financial performance with total income up 18% year-over-year to ₹795 billion. The company also commits to reducing greenhouse gas emissions by 23% in FY30 compared to FY16 levels.
12Mar 25
IndiGo Expands: ₹3,940 Million Investment in GIFT City Subsidiary and New Bengaluru-Krabi Route
InterGlobe Aviation Limited, IndiGo's parent company, has approved an investment of up to ₹3,940 million in its GIFT City subsidiary, IndiGo IFSC. The funds will be used for financing aviation assets, loan repayment, and general corporate purposes. Additionally, IndiGo announced daily direct flights between Bengaluru and Krabi, Thailand, starting March 30, 2025.
10Mar 25
IndiGo Soars into the Future with Amadeus Revenue Management Upgrade
InterGlobe Aviation Ltd (IndiGo), India's largest airline, is implementing Amadeus's advanced revenue management system. This technological upgrade aims to enhance operational efficiency, improve pricing strategies, and provide data-driven insights. The move is expected to streamline processes, enable dynamic pricing, and maintain IndiGo's competitive edge in the Indian aviation market. This partnership could set a new standard for technological adoption in the industry, potentially influencing other airlines to upgrade their systems.
07Mar 25
IndiGo Expands International Routes: Daily Flights to Connect Tiruchirappalli and Jaffna from 2025
IndiGo, India's leading low-cost carrier, announced plans to introduce daily direct flights between Tiruchirappalli, Tamil Nadu, and Jaffna, Sri Lanka, starting March 30, 2025. This expansion will increase IndiGo's weekly flights to Sri Lanka to over 60, connecting five Indian cities. The new route aims to meet growing travel demand, strengthen regional connectivity, and boost tourism between India and Sri Lanka.
07Mar 25
IndiGo Takes Off to Europe: Launches First Long-haul Flights to Manchester and Amsterdam
IndiGo, India's largest airline, has announced its entry into the long-haul market with new flights to Manchester, UK and Amsterdam, Netherlands. This strategic move marks IndiGo's first venture into long-haul operations, expanding its international reach and challenging full-service carriers on European routes. The expansion is expected to open new revenue streams and customer bases for IndiGo, while also presenting operational challenges associated with long-haul flight management.
06Mar 25
IndiGo Soars into Long-Haul Market with New Routes to Manchester and Amsterdam
IndiGo, India's leading low-cost carrier, announces new non-stop flights to Manchester and Amsterdam starting July 2025, marking its entry into the long-haul market. The airline will operate three weekly flights to each destination, using leased Boeing 787-9 aircraft from Norse Atlantic Airways. This expansion is expected to intensify competition in the India-Europe travel corridor and could lead to further long-haul route additions for IndiGo in the future.
06Mar 25
IndiGo Soars: New International Route and Market Share Expansion
IndiGo announces new direct flights between Mumbai and Krabi, Thailand, starting March 23, 2025, with six weekly flights. The airline's domestic market share has grown to 65.2% in January 2025, accompanied by a 20% year-on-year increase in passenger traffic. This expansion strategy aims to enhance IndiGo's international network while maintaining its strong position in the Indian market.
05Mar 25
IndiGo Expands International Routes with New Mumbai-Krabi Direct Flights
IndiGo, India's leading low-cost carrier, is launching direct flights between Mumbai and Krabi, Thailand, starting March 23, 2025. The service will initially operate six times a week, increasing to daily flights from March 30, 2025. This expansion will boost IndiGo's weekly flights between India and Thailand to over 90, enhancing connectivity and potentially stimulating tourism and business travel between the two countries. The new route aligns with IndiGo's strategy to expand its international footprint and cater to growing demand for international travel among Indian passengers.
04Mar 25
Delhi HC Ruling Favors IndiGo: IGST on Re-imported Aircraft Repairs Struck Down
The Delhi High Court has declared the levy of Integrated Goods and Services Tax (IGST) on repair costs for goods re-imported into India after overseas maintenance as unconstitutional. This ruling, in response to a petition by InterGlobe Aviation (IndiGo's parent company), challenges a 2021 customs department notification. The decision is expected to significantly reduce operational costs for Indian airlines, improve their cash flow, and potentially level the playing field with international competitors. The aviation industry anticipates potential refunds for taxes paid under the struck-down notification and a possible boost in domestic maintenance, repair, and overhaul (MRO) activities.
02Mar 25
IndiGo Expands UAE Connectivity: New Daily Flights from Kochi to Ras Al Khaimah
IndiGo announces daily non-stop flights between Kochi and Ras Al Khaimah, starting March 15, 2025. This expansion increases IndiGo's weekly flights between Kerala and UAE to 49, and total weekly India-UAE flights to over 250. The new route aims to enhance connectivity, boost tourism, and cater to both leisure and business travelers.
28Feb 25
IndiGo Faces Rs 1.30 Crore Tax Penalty in Gujarat, Considers Legal Action
InterGlobe Aviation Limited, IndiGo's parent company, faces a Rs 1.30 crore penalty from Gujarat's tax authorities over input tax credit issues for FY 2020-21. IndiGo maintains its tax credit claims are accurate and is considering an appeal. The company states this penalty won't significantly impact its financials or operations.
28Feb 25
IndiGo Expands International Routes with Mumbai-Seychelles Flights; Faces Tax Credit Challenge in Gujarat
IndiGo announces new Mumbai-Seychelles route starting March 22, 2025, with four weekly flights. Simultaneously, the airline faces a ₹1.30 crore tax penalty in Gujarat for disputed input tax credits from FY 2020-21. IndiGo plans to evaluate legal options while asserting the issue's minimal impact on its operations.
27Feb 25
IndiGo Expands Fleet with Lease Agreement for Three Wide-Body Aircraft
InterGlobe Aviation Limited, operator of IndiGo, has signed a firm damp lease agreement with Norse Atlantic Airways for three wide-body aircraft, set to join the fleet in the second half of 2025. This move signals IndiGo's potential expansion into long-haul international flights, departing from its traditional narrow-body fleet model. The damp lease arrangement includes crew provision, particularly pilots. Separately, IndiGo faces a tax penalty of INR 13,91,818 related to input tax credit for FY 2020-21, which the company plans to contest.
26Feb 25
IndiGo Expands Fleet with Boeing 787-9s, Eyes European Market Entry
IndiGo, India's largest airline, is leasing three Boeing 787-9 aircraft from Norse Atlantic Airways, bringing its Dreamliner fleet to four. The planes will arrive in India in the second half of 2025, with an initial 6-month lease and extension option up to 18 months. IndiGo plans to launch European operations by mid-summer 2025, starting with Delhi-Bangkok route on March 1, 2025. This move signals IndiGo's ambition to establish a strong presence in the long-haul market, potentially increasing competition and its international market share.
25Feb 25
IndiGo Spreads Wings: Launching Wide-Body Service on Delhi-Bangkok Route
InterGlobe Aviation Limited, IndiGo's parent company, announced a major expansion in international operations. The airline will introduce its first wide-body service between New Delhi and Bangkok using leased Boeing 787-9 aircraft, starting March 1, 2025. This new service will feature 'IndiGoStretch', the airline's business class offering, marking a shift from its traditional low-cost model. The move signals IndiGo's intent to compete on longer international routes and potentially challenge full-service carriers in the India-Southeast Asia market.
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