Latest news about Interglobe Aviation
Interglobe Aviation
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More news about Interglobe Aviation
09Jan 26
DGCA Rejects IndiGo Appeal, Confirms ₹40 Lakh Penalty On Senior Executives For Unqualified Pilot Training Simulators
DGCA appellate authority has rejected IndiGo's appeal and confirmed ₹20.00 lakh penalties each on the Director Flight Operations and Director Training for alleged failure to use qualified simulators for pilot training at Category C airports. The original penalties were imposed in September last year, and the January 7 order definitively resolved the matter. IndiGo shares fell 1.22% to ₹4,844.70 following the announcement, reflecting the impact of the regulatory decision on investor sentiment.
09Jan 26
DGCA Appellate Authority Reinstates ₹2 Million Fine on IndiGo Directors for Simulator Training Violations
DGCA Appellate Authority has rejected IndiGo's appeal and reinstated a ₹2 million fine on the airline's directors for failing to use proper simulators in pilot training programs. The decision reinforces regulatory commitment to aviation safety standards and highlights the importance of compliance with prescribed training protocols in the Indian aviation sector.
08Jan 26
IndiGo receives first Airbus A321 XLR aircraft; to be deployed for Athens flights
IndiGo has received its first Airbus A321 XLR aircraft, becoming the first Indian carrier to induct this long-range variant. The aircraft will operate non-stop services to Athens from Delhi and Mumbai, featuring a range of 8,700 kms and dual-class configuration with 195 seats. With 40 aircraft on order and 9 expected in 2026, this marks a significant step in IndiGo's international expansion strategy.
07Jan 26
AAIB Recommends Inspection Of Airlines' Safety Management Systems By DGCA
AAIB has recommended DGCA inspect airlines' safety management systems following an airprox incident involving two IndiGo flights in Delhi airspace on November 17, 2023. The investigation identified non-adherence to SOPs and inadequate safety measures as probable causes, while revealing six previous SID-deviation events involving IndiGo aircraft from August to November 2023 with poor reporting practices.
07Jan 26
CCI Investigates IndiGo for Potential Anti-Competitive Practices Following December Flight Disruptions
The Competition Commission of India has initiated an investigation into IndiGo's business practices following December 2024 flight cancellations, seeking information from both the airline and DGCA. The probe focuses on whether IndiGo, with over 63% domestic market share, abused its dominant position during the operational crisis. CCI is conducting a prima facie assessment to determine if a detailed investigation is warranted under the Competition Act, 2002.
07Jan 26
DGCA Seeks Airline Fare Data During December Flight Chaos Amid CCI Probe
India's aviation regulator DGCA has mandated airlines to provide detailed fare data following December's flight disruptions, primarily caused by InterGlobe Aviation's 4,500 flight cancellations due to pilot shortages. The data collection supports CCI's investigation into potential market abuse by the airline, which holds 65% market share, as fare surges during the crisis prompted government intervention with temporary price caps.
07Jan 26
IndiGo Set To Induct India's First Airbus A321 XLR As Global Expansion Gains Pace
IndiGo achieves historic milestone as India's first airline to operate Airbus A321 XLR, with the aircraft landing Wednesday after 3:00 PM. The airline plans to induct a second A321 XLR by financial year end, deploying both on Delhi-Athens and Mumbai-Athens routes. CEO Pieter Elbers highlighted this as part of IndiGo's strategy to become a major global airline, with the carrier expecting over 12.30 crore customers in 2025 while operating over 2,200 daily flights.
07Jan 26
InterGlobe Aviation Records ₹16.24 Crore NSE Block Trade at ₹4,968.00 Per Share
InterGlobe Aviation Limited recorded a substantial block trade on the National Stock Exchange worth ₹16.24 crores, involving 32,680 shares at ₹4,968.00 per share. The transaction highlights significant institutional investor participation and provides insights into market sentiment towards the aviation sector.
06Jan 26
InterGlobe Aviation Records ₹15.42 Crore Block Trade on NSE
InterGlobe Aviation Limited completed a major block trade on NSE worth ₹15.42 crores, involving 30,620 shares at ₹5,035.00 per share. This institutional transaction reflects significant market activity and demonstrates continued investor interest in the aviation sector leader.
05Jan 26
IndiGo Confirms Complete Dematerialization of Securities for Q3 FY26
InterGlobe Aviation Limited filed its Q3 FY26 compliance certificate confirming 100% dematerialization of all company securities for the quarter ended December 31, 2025. The filing, supported by registrar KFin Technologies Limited, confirms no rematerialization requests were received, making SEBI Regulation 74(5) requirements inapplicable to the company.
03Jan 26
IndiGo Completes One Year of Operations in Puducherry with 14 Weekly Flights
IndiGo has successfully completed one year of operations in Puducherry, operating 14 weekly flights connecting Bengaluru and Hyderabad since December 20, 2024. The service has enhanced regional connectivity for healthcare, education, and business travel while providing onward connectivity across India and international destinations. The consistent air service has addressed the region's limited scheduled flight availability, benefiting residents, students, professionals, and tourists with improved accessibility and travel convenience.
02Jan 26
IndiGo Launches ₹10,000 Compensation Package for December Flight Disruptions
IndiGo has launched its 'Gesture of Care' compensation scheme, offering ₹10,000.00 travel vouchers to passengers affected by flight disruptions between December 3-5. The compensation, issued as two ₹5,000.00 vouchers per passenger, is valid for 12 months and separate from DGCA-mandated statutory compensation. Passengers can choose between vouchers or bank transfers, with processing times ranging from 12-24 hours for vouchers to 5-15 working days for bank transfers.
31Dec 25
IndiGo Plans Non-Stop Flights To Athens Starting January 23, 2026, Featuring India's First Airbus A321XLR
IndiGo announces non-stop flights to Athens starting January 23, 2026, using India's first Airbus A321XLR aircraft. This strategic expansion represents the airline's venture into medium-to-long-haul connectivity, leveraging advanced aircraft technology to access new European markets and diversify its route network beyond traditional short-haul operations.
31Dec 25
IndiGo Welcomes 123 Million Customers in 2025, Gains 10 Million Over Previous Year
IndiGo achieved remarkable growth in 2025, serving over 123 million customers compared to 113 million in 2024. The airline launched long-haul operations to Europe, expanded to 139 destinations, doubled A350 aircraft orders to 60 units, and maintained industry-leading performance while generating over USD 10 billion in annual revenue.
31Dec 25
Indigo: Company Uses Lessons From Last Year To Improve Operations And Move Forward
IndiGo is progressing with its global expansion strategy under CEO Pieter Elbers' leadership, adding over one crore customers and launching 10 new international destinations with 30 new routes. The airline operates over 2,200 daily flights and has expanded its network to 139 destinations while addressing operational challenges and strengthening resilience.
31Dec 25
IndiGo Opens Pilot Recruitment Drive for A320 Fleet Expansion
IndiGo has opened applications for experienced Airbus A320 pilots, specifically targeting Captains and Senior First Officers with valid ATPL licenses. This recruitment drive aims to comply with new FDTL norms by February and support the airline's aggressive expansion plans to maintain its 60% domestic market share. Additionally, IndiGo has enhanced pilot compensation with allowance increases of up to ₹2,000 across various categories including domestic layover, night, and deadhead allowances effective from January 1st.
30Dec 25
Aviation Ministry Analyzes Probe Panel Report on IndiGo Flight Disruptions
The Civil Aviation Ministry is analyzing the probe panel report on IndiGo's December flight disruptions that resulted in over 1,600 flight cancellations in a single day. The DGCA-constituted inquiry committee, headed by Joint Director General Sanjay K Bramhane, submitted its findings after investigating the circumstances behind the massive operational breakdown. DGCA has already directed the airline to reduce its winter schedule by 10% and issued show-cause notices to senior executives, citing inadequate planning in implementing revised pilot rest norms as the primary cause.
30Dec 25
InterGlobe Aviation Receives ₹14.59 Lakh Tax Penalty Order, Plans to Contest Decision
InterGlobe Aviation Limited disclosed receiving a ₹14,59,527 penalty order from the Joint Commissioner, Lucknow, related to denied input tax credit claims for FY 2021-22. The company received communication on December 29, 2025, regarding the tax department's decision to deny input tax credit and raise demand with interest and penalty. InterGlobe Aviation believes the order is erroneous and plans to contest it before appropriate authorities with support from external tax advisors, stating no significant impact on company financials or operations.
30Dec 25
IndiGo discloses ₹458.3 crore GST demand; Says it will contest order
InterGlobe Aviation disclosed receiving a GST assessment order with ₹458.26 crore penalty from CGST authorities covering FY2018-19 to FY2022-23, related to foreign supplier compensation and input tax credit disallowances. The company has termed the order erroneous and plans to contest it through legal remedies, stating no material impact expected on operations.
30Dec 25
IndiGo's Domestic Market Share Declines to 63.6% in October from Previous 65.6%
IndiGo's domestic market share decreased to 63.6% in October from 65.6% previously, representing a 2 percentage point decline. Despite this reduction, the airline maintains its position as India's largest carrier by passenger volume, though the gap with competitors has narrowed.
29Dec 25
IndiGo cancels 118 flights amid weather disruptions; pilot pay hikes continue
IndiGo has cancelled 118 flights due to bad weather and operational reasons while continuing its pilot compensation revisions with allowance hikes up to ₹2,000. The airline faces ongoing challenges from weather disruptions during the official fog season and FDTL compliance requirements that previously caused massive flight cancellations.
26Dec 25
IndiGo Held 64% Market Share Before December Flight Chaos, DGCA Data Shows
IndiGo commanded nearly 64% of India's domestic airline market in November with 1.53 crore passengers, before facing severe operational disruptions in December. The DGCA has submitted a confidential investigation report on the crisis that led to over 5,000 flight cancellations, triggered by the airline's inability to adapt to new Flight Duty Time Limit regulations requiring extended crew rest periods.
24Dec 25
IndiGo Confirms Continued Operational Stability Ahead of Holiday Season
Interglobe Aviation has confirmed continued operational stability ahead of the holiday season, maintaining over 1 million passengers every 3 days across 2,100-2,200 daily flights. The airline is preparing for India's first Airbus A321XLR aircraft launch with new Athens routes starting January 2026.
24Dec 25
IndiGo Cancels 67 Flights Amid Weather Issues, Consumer Ministry Tracks Complaints
Consumer Affairs Ministry received around 100 complaints over IndiGo's December operational crisis while the airline recently cancelled 67 flights due to weather conditions. Following massive disruptions that saw over 2,000 flight cancellations, the government reduced IndiGo's daily flight operations by 10% to 1,930 flights, with DGCA conducting ongoing investigation into the root causes.
23Dec 25
CCI Probes IndiGo for Alleged Dominance Abuse and Exploitative Pricing
The Competition Commission of India (CCI) has initiated an investigation into Interglobe Aviation, focusing on allegations of market dominance abuse by IndiGo. The probe specifically examines the airline's pricing practices during periods of flight disruptions. CCI is seeking comprehensive details from IndiGo to determine if its pricing strategies during operational challenges constitute an abuse of its dominant market position in India's aviation sector.
22Dec 25
IndiGo May Delay Global Expansion Plans Due to Pilot Shortages and Regulatory Challenges
InterGlobe Aviation, operating as IndiGo, is reevaluating its global expansion timeline due to operational challenges. The airline faces a significant pilot shortage, which may limit its ability to expand international routes. Additionally, regulatory challenges have prompted management to reassess expansion plans and operational strategies. These factors combined are leading IndiGo to consider a more cautious approach to its global growth, potentially delaying previously announced international route launches. The airline is prioritizing operational stability over rapid international expansion in response to these industry-wide challenges.
18Dec 25
IndiGo Scales Up to 2,200+ Daily Flights, Serving 3.5 Lakh Customers Across 138 Destinations
IndiGo, operated by Interglobe Aviation, has achieved a significant operational milestone by expanding its daily flight operations from 1,800 to over 2,200. The airline now serves 3.5 lakh customers daily across 138 destinations, reinforcing its position as a major player in India's aviation sector. This expansion demonstrates IndiGo's operational efficiency and the growing demand for its services in the domestic market.
18Dec 25
InterGlobe Aviation Records ₹221.99 Crore Block Trade on NSE
InterGlobe Aviation witnessed a substantial block trade on the National Stock Exchange worth ₹221.99 crores, involving 444,520 shares traded at ₹4,994.00 per share. The transaction represents significant institutional activity and reflects continued investor confidence in the airline company despite ongoing challenges in the aviation sector.
17Dec 25
Investec Maintains 'Sell' Rating on IndiGo with Price Target of ₹4,050
Investec has reiterated its 'Sell' recommendation for IndiGo (Interglobe Aviation) with a price target of ₹4,050. This maintained stance reflects a cautious outlook on the airline stock's near-term performance prospects. The 'Sell' rating suggests that Investec believes the stock may be overvalued at current market levels, indicating limited upside potential for IndiGo shares in the near term.
17Dec 25
Goldman Sachs Maintains Buy Rating on IndiGo, Cuts Target Price to ₹5,600
Goldman Sachs has reaffirmed its Buy rating for Interglobe Aviation while slightly lowering the target price from ₹5,700.00 to ₹5,600.00. This ₹100.00 reduction represents a minor adjustment in the investment bank's valuation expectations, while still indicating a positive outlook for the airline stock.
16Dec 25
InterGlobe Aviation Records ₹51.85 Crore NSE Block Trade at ₹4,986.50 Per Share
InterGlobe Aviation Limited experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 103,985 shares at ₹4,986.50 per share, totaling ₹51.85 crores. This block trade indicates substantial institutional trading activity in the aviation sector and reflects the current market valuation of InterGlobe Aviation shares.
16Dec 25
Pilot Bodies Challenge DGCA's Duty Rules Exemption for Airlines Including IndiGo
Pilot associations across India are taking legal action against the Directorate General of Civil Aviation (DGCA) regarding exemptions granted to airlines from mandatory duty time regulations. The challenge targets regulatory relief provided to major carriers, including Interglobe Aviation (IndiGo). Pilot bodies argue that these exemptions could compromise safety standards and pilot welfare, potentially leading to fatigue-related risks. The legal action could impact airline operations and pilot scheduling across the Indian aviation market.
15Dec 25
IndiGo Cancels and Delays Flights Due to Dense Fog at Delhi and Northern India Airports
IndiGo has proactively cancelled and delayed flights at Delhi and other northern India airports due to severe low visibility caused by dense fog. The airline is prioritizing passenger safety, closely monitoring the weather, and coordinating with airport authorities. IndiGo has issued advisories to customers and is providing updates through various channels including their website and mobile app. The airline's customer service teams are available to assist passengers during these weather-related disruptions.
15Dec 25
Senior Expat Executive at InterGlobe Aviation Under Review, Regulatory Action Possible
InterGlobe Aviation, parent company of IndiGo, is under regulatory review concerning a senior expatriate executive. The scrutiny suggests potential compliance issues that could lead to regulatory action. While specific details are undisclosed, the situation raises concerns about governance, operational oversight, and adherence to aviation industry regulations. As India's largest airline, any regulatory action could significantly impact InterGlobe Aviation's operations and compliance framework.
13Dec 25
InterGlobe Aviation Maintains Strong Operations with Over 2,050 Daily Flights
InterGlobe Aviation achieved a significant operational milestone by operating over 2,050 flights for the second consecutive day, showcasing robust operational capabilities and minimal disruptions. The airline maintained exceptional reliability with only two technical cancellations, reflecting strong operational discipline and successful normalization efforts.
12Dec 25
IndiGo Operates Over 2,050 Flights for Second Consecutive Day, Shows Momentum
InterGlobe Aviation's IndiGo has successfully operated more than 2,050 flights for two consecutive days, with only two technical cancellations. This achievement demonstrates the airline's operational normalization and efficiency following recent adjustments. The consistent performance showcases IndiGo's ability to manage a large-scale operation while maintaining service quality.
12Dec 25
InterGlobe Aviation Issues Official Clarification on SEBI Investigation Reports
InterGlobe Aviation has provided a detailed official response to stock exchange queries regarding media reports about a SEBI investigation. The company categorically denied receiving any communication from SEBI about assessments or examinations, stating that such reports are factually incorrect. While confirming timely responses to routine stock exchange queries under LODR regulations, the airline emphasized its commitment to regulatory transparency and compliance.
12Dec 25
IndiGo Receives ₹58.75 Crore CGST Penalty Order for FY 2020-21, Plans Legal Contest
Interglobe Aviation Limited, operating IndiGo Airlines, has received a ₹58.75 crore penalty order from tax authorities for GST-related issues in FY 2020-21. The company disagrees with the order, deeming it erroneous, and plans to contest it before the appropriate authority. IndiGo states that this penalty has no significant impact on its financials or operations.
12Dec 25
IndiGo Gets Dual Analyst Support: Morgan Stanley OW at ₹6,359, Jefferies Buy
InterGlobe Aviation receives positive coverage from two major brokerages, with Morgan Stanley setting an Overweight rating and ₹6,359 price target, while Jefferies maintains its Buy rating with ₹6,035 target, indicating strong analyst confidence in the airline's prospects.
11Dec 25
IndiGo Faces PIL Over Flight Cancellations as Court Proceedings Continue
InterGlobe Aviation faces a Public Interest Litigation in Delhi High Court regarding operational disruptions and flight cancellations. The case, filed by two petitioners against multiple respondents including the airline and aviation authorities, has been adjourned for further proceedings after preliminary submissions.
11Dec 25
IndiGo Announces ₹500+ Crore Compensation Package for December Disruptions
InterGlobe Aviation has unveiled a major compensation package exceeding ₹500 crores for customers affected by December 3-5 operational disruptions, covering cancelled flights and severely stranded passengers. The airline reports most refunds are completed with remaining cases processing urgently, while CEO Pieter Elbers is scheduled to appear before DGCA on December 12 regarding the disruptions.
10Dec 25
IndiGo Expands to 2,200+ Daily Flights as Operations Fully Normalize
InterGlobe Aviation's IndiGo has achieved significant operational expansion, scaling up to over 2,200 daily flights from the initial 1,800 when operations stabilized on December 9. The airline now serves over 3.5 lakh customers daily across all 138 operational destinations while maintaining normal on-time performance and full schedule integrity, demonstrating complete recovery from earlier disruptions.
10Dec 25
IndiGo Receives Positive Analyst Coverage: Citi and Morgan Stanley Issue Buy Ratings
InterGlobe Aviation has secured favorable ratings from two major investment banks, with Citi maintaining a 'Buy' rating and ₹5,800 price target, while Morgan Stanley holds an overweight rating with ₹6,540 target, reflecting strong analyst confidence in the airline's prospects.
10Dec 25
IndiGo Appoints External Aviation Expert for Crisis Review Amid Stable Credit Ratings
InterGlobe Aviation has appointed external aviation expert Captain John Illson to conduct comprehensive root cause analysis of recent operational disruptions, following Crisis Management Group recommendations. Despite the crisis affecting thousands of passengers, ICRA has maintained stable credit ratings and operations have normalized with refunds processed worth several hundred crores.
09Dec 25
IndiGo Shareholders Approve Amitabh Kant's Appointment as Non-Executive Director
Interglobe Aviation, IndiGo Airlines' parent company, has appointed Amitabh Kant as a Non-Executive Non-Independent Director. The appointment was approved by shareholders through a postal ballot, with 96.05% votes in favor. 2,118 voters supported the resolution, while 252 opposed it. This addition to the board could bring new insights and expertise to the company's strategic decision-making process.
08Dec 25
IndiGo Crisis Deepens: ICRA Predicts Profitability Struggles But Cites Strong Liquidity
IndiGo faces ongoing operational crisis with ICRA predicting profitability struggles this year while highlighting strong liquidity buffers. The airline continues dealing with 4,600 flight cancellations, ₹850 crore passenger refunds, and regulatory pressure, but maintains adequate financial resources to navigate near-term challenges.
01Dec 25
IndiGo's Q3 FY26 Domestic Air Traffic Growth Falls Short of Expectations
Interglobe Aviation, operating IndiGo, reported a 5% year-over-year growth in domestic air traffic for Q3 FY2026, significantly below the company's earlier projections of high teens percentage growth. This underperformance could potentially impact IndiGo's market share, financial performance, capacity utilization, and investor confidence. The reasons for the shortfall are not explicitly stated, but could include changes in consumer behavior, economic conditions, or increased competition in the domestic aviation market.
21Nov 25
InterGlobe Aviation Approves $820 Million Investment for Subsidiary's Aviation Asset Acquisition
InterGlobe Aviation, IndiGo's parent company, has approved an $820 million investment in its subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited. The investment, comprising $770 million in equity shares and $50 million in OCRPS, aims to facilitate aircraft acquisition. This strategic move marks a shift from IndiGo's traditional reliance on operating leases towards a more balanced ownership structure, potentially enhancing financial flexibility and operational efficiency.
18Nov 25
IndiGo Fined INR 20 Lakh by DGCA for Flight Procedure Violation
Interglobe Aviation, IndiGo's parent company, has been penalized INR 20 lakh by the DGCA for implementing its own Standard Instrument Departure (SID) procedures at Udaipur Airport, violating aviation regulations. The company stated this penalty would not materially impact its operations or finances. The violation pertains to Rule 133A of The Aircraft Rules, 1937, which requires such procedures to be promulgated by the Airport Authority of India.
15Nov 25
IndiGo Set to Launch Flights from New Navi Mumbai Airport, Boosting Regional Connectivity
Interglobe Aviation, operating as IndiGo, will commence domestic flight operations from the new Navi Mumbai International Airport on December 25. The airline will connect Navi Mumbai to 10 major Indian cities, including Delhi, Bengaluru, and Hyderabad. The ₹19,650 crore airport has an annual passenger capacity of 20 million and aims to enhance regional connectivity in western India, complementing the existing Mumbai International Airport. This expansion is expected to improve air travel options for passengers in the Mumbai Metropolitan Region and surrounding areas.
13Nov 25
IndiGo's Domestic Flight Pricing Sparks Debate Amid New Aviation Initiatives
IndiGo faces criticism over pricing discrepancy between domestic and international flights. A Bhubaneswar to Ayodhya flight (5h 45m) costs Rs 14,237, while a Bhubaneswar to Guangzhou flight (10h 35m) is priced at Rs 14,977, a mere Rs 740 difference. This comes amid government efforts to make air travel more affordable, including the 'Fare Se Fursat' program launched to address fare volatility issues.
11Nov 25
IndiGo Expands China Connectivity with New Delhi-Guangzhou Route
IndiGo is launching daily non-stop flights between Delhi and Guangzhou starting November 10, 2025, using A320neo aircraft. This marks the restoration of air connectivity between India and China after a five-year suspension due to COVID-19 and border tensions. The new route will connect Delhi to 21 international destinations and provide Chinese travelers access to IndiGo's network of over 90 domestic destinations. This expansion aligns with IndiGo's strategy for international growth and follows their recent resumption of Kolkata-Guangzhou service.
10Nov 25
IndiGo Reports 10% Revenue Growth and Operational Profit in Q2 FY26, Expands International Presence
IndiGo, India's leading airline, reported a 10% increase in total income to ₹196.00 billion for Q2 FY26. The company achieved an operational profit of ₹1.00 billion, excluding forex impact. However, it posted a net loss of ₹25.80 billion due to currency depreciation. IndiGo served 28.8 million passengers, expanded to 94 destinations, and increased passenger unit revenue by 3%. The airline added its first A321XLR aircraft, doubled its A350 widebody order to 60, and announced new international routes. IndiGo maintains a strong financial position with ₹385.00 billion in free cash and ₹150.00 billion in restricted cash. The company expects high teens capacity growth for Q3 and Q4 FY26 and has revised its full-year capacity growth guidance to early teens.
07Nov 25
InterGlobe Aviation Allots Additional 500 Shares Under ESOP Scheme
InterGlobe Aviation has completed another ESOP allotment of 500 shares on January 5, 2026, following its previous November 2025 allotment. The shares were issued at ₹10.00 exercise price under the Employee Stock Option Scheme 2023, bringing the company's total issued share capital to ₹386.59 crores with 38,65,91,098 total shares outstanding.
06Nov 25
IndiGo Reports Q2 Loss of Rs 2,582 Crore Amid Foreign Exchange Challenges
Interglobe Aviation, IndiGo's parent company, reported a net loss of Rs 2,582.00 crore in Q2 FY2024, a 161.6% increase from the previous year. Revenue from operations grew 9% to Rs 18,555.00 crore. The company attributes the loss primarily to foreign exchange movements, stating it would have posted a Rs 104.00 crore profit without this impact. Total expenses rose 18% to Rs 22,081.00 crore. Passenger ticket revenues increased by 11.2%, while ancillary revenues grew by 14%. Nuvama maintained a 'Hold' rating on the stock with a Rs 5,330.00 target price, noting that Q2 EBITDAR missed consensus estimates by 39%.
04Nov 25
IndiGo Plans Network Expansion and Anticipates Cost Increase from New Pilot Regulations
IndiGo, India's largest airline, reported Q2 FY2024 results with a slight decrease in load factor to 82.50%, but an increase in yield to ₹4.69/km and available seat kilometers to 41.20 billion. The airline expects high teen growth in capacity for Q3 but faces challenges from new Flight Duty Time Limitation norms, Aircraft On Ground issues, and damp leasing costs. IndiGo currently operates about 2,300 daily flights and plans network expansion across domestic and international routes.
04Nov 25
IndiGo Reports Rs. 987 Crore Loss in Q2 Amid Rising Costs and Foreign Exchange Impact
Interglobe Aviation, IndiGo's parent company, reported a consolidated net loss of Rs. 987.00 crore for Q2 FY24, compared to a profit of Rs. 189.00 crore in the same period last year. Total income increased by 4.4% to Rs. 15,983.00 crore. The company faced significant challenges including unrealized foreign exchange losses of Rs. 3,162.00 crore and increased aircraft fuel expenses of Rs. 5,815.00 crore. For the half-year, the company posted a loss of Rs. 1,710.00 crore, contrasting with a profit of Rs. 1,897.00 crore in the previous year.
03Nov 25
InterGlobe Aviation Q2 Results Preview: Analysts Expect Mixed Performance with Revenue Growth Up to 13%
InterGlobe Aviation, IndiGo's parent company, is set to announce Q2 earnings on November 4. Analysts project revenue growth between 4% and 13%, with estimates ranging from ₹17,646 crore to ₹19,148 crore. Profit forecasts vary widely, from a net loss of ₹1,574 crore to a recurring PAT of ₹1,530 crore. EBITDA projections range from ₹1,241 crore to ₹2,112 crore, with margins between 7% and 11.5%. Despite expected seasonal weakness, analysts maintain a positive medium-term outlook due to international expansion plans and network additions.
30Oct 25
InterGlobe Aviation Sees Rs. 57.69 Crore Block Trade on NSE
InterGlobe Aviation, IndiGo's parent company, experienced a significant block trade on the NSE. The transaction involved 100,150 shares at Rs. 5,760.00 per share, totaling Rs. 57.69 crores. This substantial trade indicates strong institutional interest in the airline stock and could be viewed as a vote of confidence in the company's prospects.
30Oct 25
IndiGo Expands International Routes with New Bengaluru-Riyadh Flights
Interglobe Aviation, operating as IndiGo, announced the launch of direct flights connecting Bengaluru, India, to Riyadh, Saudi Arabia, starting November 16, 2023. This expansion strengthens IndiGo's international network and Middle East presence, offering increased convenience for travelers with potential benefits for business, leisure, trade, and tourism between the two countries.
27Oct 25
IndiGo Expands International Operations with Mumbai-London Flight and Kolkata-Guangzhou Route
IndiGo has launched new international routes, including Mumbai-London and Kolkata-Guangzhou flights. The airline plans to acquire 30 Airbus A350 aircraft for its wide-body fleet expansion. Future plans include Delhi-Guangzhou flights starting November 10, 2025. These moves aim to strengthen IndiGo's position in the international market and compete more effectively on long-haul routes.
21Oct 25
IndiGo Expands Operations Across All Three Delhi Airport Terminals from October 26
IndiGo, operated by Interglobe Aviation, is expanding its operations at Delhi's Indira Gandhi International Airport. From October 26, the airline will distribute flights across all three terminals, coinciding with Terminal 2's reopening. Terminal 1 will continue existing domestic operations, Terminal 2 will handle flights numbered 6E 2000 - 6E 2999, and Terminal 3 will manage domestic flights 6E 5000 - 6E 5999 and all international departures. IndiGo operates approximately 1,700 weekly flights from Delhi, part of its over 2,200 daily flights nationwide.
20Oct 25
Power Bank Fire Incident on IndiGo Flight at Delhi Airport, All Passengers Safe
A potential safety hazard was prevented on an IndiGo flight at Delhi Airport when a power bank caught fire. The incident occurred on an aircraft operated by Interglobe Aviation, IndiGo's parent company, which was scheduled to fly to Dimapur. Despite the alarming nature of the event, all passengers remained safe, demonstrating the effectiveness of the airline's safety protocols and quick response measures. The incident highlights the risks associated with carrying electronic devices on flights and the importance of passenger adherence to airline safety regulations.
17Oct 25
IndiGo Expands Fleet and International Routes, Orders 30 More Airbus A350-900 Aircraft
IndiGo has converted 30 of its 70 purchase rights for Airbus A350-900 aircraft into firm orders, expanding its wide-body fleet from 30 to 60 aircraft. This follows their initial purchase of 30 A350-900s. IndiGo is also expanding its international routes, having launched flights to Manchester and Amsterdam, with plans for Copenhagen, London, and Athens. The airline currently operates over 400 aircraft, with an order book of nearly 900+ more, serving 90+ domestic and 40+ international destinations with around 2200+ daily flights.
12Oct 25
DGCA Slaps ₹40 Lakh Fine on IndiGo for Unapproved Pilot Training
India's aviation regulator, DGCA, has imposed a ₹40 lakh fine on Interglobe Aviation, IndiGo's parent company, for conducting pilot training using unapproved flight simulators. The penalty includes ₹20 lakh for IndiGo and ₹10 lakh each for the Director of Training and Director of Flight Operations. The violation affected approximately 1,700 pilots, involving training on 20 simulators across six cities for operations at high-risk Category C airports like Calicut, Leh, and Kathmandu. The executives have 30 days to pay the fines and can appeal with a ₹1,000 fee.
11Oct 25
IndiGo Expands International Routes with New Flights to China and Vietnam
IndiGo, India's leading airline, announces expansion of international routes with new direct flights from Delhi to Guangzhou (starting November 10, 2025) and Hanoi (starting December 20, 2025). Both routes will operate daily using Airbus A320 aircraft. The Delhi-Guangzhou route marks the resumption of flight services between India and China after a five-year hiatus. IndiGo is also building on its existing operations in Vietnam, where it currently operates 14 weekly flights connecting Kolkata with Hanoi and Ho Chi Minh City. The expansion aims to meet growing travel demand and capitalize on increasing economic ties between India and its Asian neighbors.
09Oct 25
Goldman Sachs Bullish on IndiGo's International Expansion, Maintains Rs 6,000 Target
Goldman Sachs maintains a Rs 6,000 target price for IndiGo's stock, projecting an 11% CAGR in Available Seat Kilometers, driven by 19% CAGR in international expansion. IndiGo's stock has surged over 20% in the past year, contrasting with SpiceJet's 50% decline. The airline recently launched flights to Copenhagen, its 44th international destination. With over 400 planes, ~2,200 daily flights, and a 64.2% domestic market share, IndiGo demonstrates strong operational metrics. Growth catalysts include new international airports in Mumbai and Delhi, competitive pricing on international routes, and an extensive pipeline of new routes.
08Oct 25
IndiGo Expands European Network with Mumbai-Copenhagen Flights Amid DGCA Penalty
Interglobe Aviation, IndiGo's parent company, has been fined ₹20 lakh by the DGCA for alleged lapses in pilot training procedures at Category C aerodromes. IndiGo plans to contest the order. The company assures that the penalty won't significantly impact its financials or operations. IndiGo attributed the delay in disclosing this information to an internal communication lapse. Despite this, the airline has expanded its international network, launching direct flights between Mumbai and Copenhagen.
06Oct 25
IndiGo Expands International Routes Amid Supreme Court GST Notice
The Supreme Court of India has issued a notice to Interglobe Aviation, IndiGo Airlines' parent company, regarding a petition on Integrated Goods and Services Tax (IGST) for aircraft reimportation. This case could have significant implications for the aviation industry's cost structures, aircraft leasing practices, and operational strategies. Meanwhile, IndiGo has launched a new daily flight service connecting Mumbai to London Heathrow, expanding its international routes.
03Oct 25
IndiGo to Reconnect India and China with Daily Kolkata-Guangzhou Flights
IndiGo, India's leading airline, will restart air connectivity between India and mainland China with daily non-stop flights from Kolkata to Guangzhou starting October 26. The airline also plans to introduce flights connecting New Delhi to Guangzhou. This marks a significant step in resuming international operations between the two countries post-COVID-19 disruptions. The move is part of IndiGo's strategy to strengthen its international network and is expected to cater to both business and leisure travelers, potentially boosting trade and tourism.
30Sept 25
InterGlobe Aviation Joins Nifty 50, Reports Mixed Q2 Results
InterGlobe Aviation, IndiGo's parent company, joined the Nifty 50 index on September 30. The company reported Q2 net profit of ₹2,176.00 crore, below analyst expectations and down year-over-year. Revenue grew 4.7% to ₹20,496.00 crore, while EBITDA increased 1.3% to ₹5,226.00 crore. Operating margin decreased to 25.50%. IndiGo plans to expand operations at the upcoming Navi Mumbai International Airport, starting with 18 daily departures and aiming for 140 by November 2026. The stock closed 0.20% higher at ₹5,571.00, with 20 out of 25 analysts maintaining a 'Buy' rating.
25Sept 25
IndiGo Expands International Routes with New Thiruvananthapuram-Malé Flight
IndiGo is introducing a new daily direct flight service between Thiruvananthapuram, Kerala, and Malé, Maldives, starting October 26. The flights will depart Thiruvananthapuram at 12:00 PM and arrive in Malé at 1:15 PM, with return flights leaving Malé at 2:05 PM and reaching Thiruvananthapuram at 4:20 PM. ATR aircraft will be used for this route. Thiruvananthapuram becomes the fourth Indian city with direct connectivity to Malé. IndiGo is also expanding its international network with new routes to Greece, Almaty, Tashkent, Tbilisi, and Siem Reap. Domestically, the airline plans to add four new destinations and aims to be the first to operate from upcoming airports in Navi Mumbai and Noida.
19Sept 25
IndiGo Cofounder Rahul Bhatia's Net Worth Soars Past $10 Billion
Rahul Bhatia, co-founder of Interglobe Aviation (IndiGo), has seen his net worth exceed $10 billion. This figure surpasses IndiGo's annual revenue and is more than double the company's market value at its 2015 IPO. IndiGo, India's largest airline by market share, has grown significantly since its 2006 launch, becoming a dominant player in the Indian aviation sector with its low-cost model and extensive domestic network. Bhatia's wealth milestone reflects IndiGo's success and the growth potential of India's aviation market.
17Sept 25
IndiGo Inks Strategic Contracts with Thales for Avionics Maintenance and Electronic Flight Bag Solutions
IndiGo has entered into two significant agreements with Thales. The first is an 11-year avionics maintenance contract for over 1,200 aircraft, including the current fleet of 430 Airbus A320s and future orders exceeding 800 A32X aircraft. Thales will provide repair services through its 'Avionics-By-The-Hour' and 'Repair-By-The-Hour' programs, supported by its new MRO facility in Gurugram. The second is a five-year agreement with AvioBook, a Thales company, to extend Electronic Flight Bag usage across IndiGo's entire fleet, supporting over 650,000 flights annually. This partnership aims to enhance operational efficiency, maintain a modern fleet, and prepare for significant expansion.
17Sept 25
InterGlobe Aviation Appoints Amitabh Kant as Non-Executive Director
InterGlobe Aviation, IndiGo's parent company, has appointed Amitabh Kant as a Non-Executive Non-Independent Director, effective September 15, 2025. The appointment follows security clearance from the Ministry of Civil Aviation. Initially proposed in July 2025, the appointment was subject to MoCA clearance and shareholder approval. Kant's Director Identification Number is 00222708.
16Sept 25
IndiGo Expands European Reach with New Mumbai-Copenhagen Direct Flights
IndiGo is introducing direct flights between Mumbai and Copenhagen starting October 8. The thrice-weekly service will use Boeing 787-9 Dreamliners leased from Norse Atlantic Airways. Flights will offer Economy and Premium IndiGoStretch business classes with complimentary meals and in-flight entertainment. This expansion adds Copenhagen as IndiGo's 44th international and 138th overall destination, strengthening its European presence and providing a gateway to the Nordic region for Indian travelers.
15Sept 25
IndiGo Expands Global Reach with Aegean Airlines Codeshare Agreement
Interglobe Aviation's IndiGo has entered into a codeshare partnership with Aegean Airlines, Greece's largest carrier. This strategic alliance aims to enhance connectivity between India and Europe, offering passengers more travel options and seamless connections. The partnership will allow both airlines to share flight codes, expanding their route networks through mutual cooperation. This move is expected to benefit travelers with an expanded network, easier transfers, and increased flexibility in itineraries. The collaboration marks a significant step for IndiGo in strengthening its international presence and for Aegean Airlines in accessing IndiGo's extensive network within India.
15Sept 25
IndiGo Sets Sights on Athens with New Airbus A321XLR Fleet
Interglobe Aviation's IndiGo airline announces plans to make Athens its inaugural destination for the upcoming Airbus A321XLR aircraft. The airline intends to connect Delhi and Mumbai with Athens, marking a significant expansion into European markets. The launch of these routes is pending necessary approvals. IndiGo expects to receive its first A321XLR by late 2025, becoming the first Indian airline to operate this aircraft model. The A321XLR, known for its extended range of up to 4,700 nautical miles and improved fuel efficiency, could potentially reshape Indian aviation by offering more competitive prices on long-haul routes.
11Sept 25
IndiGo Resumes Flights to Kathmandu Following Nepal's Political Turmoil
Interglobe Aviation's IndiGo is resuming flights to and from Kathmandu, Nepal, starting September 11, following a brief suspension due to political unrest. The airline will operate four daily scheduled flights and two additional special relief flights at special fares, subject to regulatory approvals. The resumption comes after violent demonstrations in Nepal, sparked by the government's ban on 26 social media platforms, resulting in at least 19 deaths and over 300 injuries nationwide. The Indian government has arranged additional flights for stranded passengers and advised airlines to maintain reasonable fares.
09Sept 25
IndiGo Expands Network: Launches First Commercial Flights to Purnea, Bihar
IndiGo, India's leading airline, announces expansion to Purnea, Bihar, marking its 94th domestic and 137th overall destination. Starting September 15, 2025, IndiGo will operate thrice-weekly flights between Kolkata and Purnea using ATR aircraft. This marks the commencement of commercial operations at Purnea airport under the UDAN scheme. Purnea becomes IndiGo's fourth destination in Bihar, following Patna, Gaya, and Darbhanga. The new route is expected to boost trade, tourism, and regional development in the Seemanchal region.
31Aug 25
IndiGo Poised for Growth as India and China Set to Resume Direct Flights
Interglobe Aviation, IndiGo's parent company, is poised to capitalize on the announced resumption of direct passenger flights between India and China after a five-year suspension. IndiGo has expressed readiness to start operations once services are cleared. The move is expected to intensify competition on India-China routes, with other carriers like Air India also likely to resume services. This development follows India's recent decision to allow tourist visas for Chinese nationals, marking a step towards normalizing relations.
28Aug 25
IndiGo Co-Founder Rakesh Gangwal's Family Trust Sells 1.3% Stake for Rs 2,933 Crore
InterGlobe Aviation's shares fell 5.22% after the Chinkerpoo Family Trust, associated with co-founder Rakesh Gangwal, sold a 1.3% stake in IndiGo for Rs 2,933 crore. The trust offloaded 50.40 lakh shares at Rs 5,814.71-5,825.72 per share, reducing their holding to 1.78%. The combined Gangwal family shareholding has decreased to 6.51%. Since 2022, the Gangwals have sold a 28.32% stake in IndiGo, following Rakesh Gangwal's decision to gradually reduce his equity stake over five years.
28Aug 25
IndiGo Shares in Focus: Gangwal Family Plans 3.1% Stake Sale, Boeing 777 Lease Extended
The Rakesh Gangwal Family plans to sell up to 3.1% stake in Interglobe Aviation, IndiGo's parent company, at a floor price of Rs 5,808.00 per share. This continues their phased exit strategy, following five previous stake sales totaling over 9%. Currently, promoters and promoter group hold 43.53% stake, while Rakesh Gangwal personally holds 4.73%. IndiGo reported a 20% YoY decline in net profit to Rs 2,176.00 crore, despite 4.7% revenue growth. The airline maintains an 84.2% passenger load factor and 87.1% on-time performance. IndiGo also received a six-month extension from DGCA to operate two Boeing 777 aircraft wet-leased from Turkish Airlines until February 28, 2026, citing geopolitical challenges and peak travel season benefits.
26Aug 25
IndiGo Promoters to Offload 3.1% Stake Worth Rs 7,028 Crore in Block Deal
Interglobe Aviation's co-founder Rakesh Gangwal and the Chinkerpoo Family Trust plan to sell a 3.1% stake through a block deal. The offer includes up to 1.21 crore shares at Rs 5,808 per share, totaling Rs 7,027.70 crore. This sale is part of Gangwal's previously announced plan to reduce his stake over five years. After the transaction, the promoters' stake will decrease from 7.8% to 4.7%. The company's stock has shown strong performance with a 28.19% gain over the past year.
21Aug 25
IndiGo's Young A321neo Aircraft Scrapped for Parts Amid Supply Chain Challenges
Two Airbus A321neo aircraft, previously operated by IndiGo and only six years old, are being dismantled in Spain. This unexpected move is driven by financial considerations, with the parts valued higher than the whole aircraft. Each plane's dismantled parts are worth ₹373-468 crore, while the entire aircraft's market value is about ₹356 crore. The decision reflects ongoing supply chain disruptions in the aviation industry, particularly affecting the A320neo family. This situation has led to increased demand for serviceable parts and may influence future fleet management strategies across the industry.
18Aug 25
IndiGo and IDFC FIRST Bank Launch Innovative Dual-Network Credit Card
Interglobe Aviation's IndiGo has partnered with IDFC FIRST Bank to introduce a co-branded credit card operating on both Mastercard and RuPay networks. The card offers travel benefits and rewards, with flexible application options including a Rs 4,999 joining fee or a Rs 1 lakh fixed deposit for guaranteed approval. Benefits include welcome vouchers, meal vouchers, BluChips rewards on spending, annual milestone rewards, and travel insurance. The card aims to cater to a wider customer base, including those who may not meet traditional credit score requirements.
16Aug 25
IndiGo Flight Experiences Tail Strike During Mumbai Landing Attempt
An IndiGo Airbus A321 experienced a tail strike while attempting to land at Mumbai airport during flight 6E 1060 from Bangkok. The incident occurred during a low-altitude go-around due to unfavorable weather. The flight landed safely on the second attempt. IndiGo has grounded the aircraft for checks and repairs, adhering to safety protocols. The Directorate General of Civil Aviation (DGCA) has initiated an investigation into the incident.
14Aug 25
IndiGo Poised to Restart India-China Direct Flights, Awaits Bilateral Approval
IndiGo, India's leading low-cost carrier, has announced its readiness to resume direct flights between India and China, pending bilateral agreements. CEO Pieter Elbers confirmed that the airline is prepared to reinstate daily flights that were operational before the Covid-19 pandemic. The resumption is contingent on governmental approvals from both countries, with industry sources suggesting an official announcement may be imminent. This move could significantly impact business and leisure travel, facilitating easier movement between the two nations and potentially boosting economic and cultural exchanges.
12Aug 25
InterGlobe Aviation Among 17 Companies with Final Day for Dividend Eligibility
InterGlobe Aviation, IndiGo's parent company, is one of 17 firms with Tuesday as the last day to buy shares for upcoming dividends. InterGlobe declared a final dividend of 100% (Rs 10 per share). Other notable companies include NBCC (India), Brigade Enterprises, Container Corporation of India, Godrej Consumer Products, Pidilite Industries, and Sun TV Network. The record date for these dividends is set for Wednesday, August 13. This announcement is expected to drive increased trading volumes as investors position themselves for the payouts.
05Aug 25
IndiGo Breaks Ground on Massive MRO Facility in Bengaluru
IndiGo, India's leading airline, has begun construction of a large-scale Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru's Kempegowda International Airport. The 31-acre facility will have 12 aircraft bays for narrow and wide-body aircraft, tripling IndiGo's current MRO capacity. Set to be operational by 2028, it will create over 1,000 jobs and significantly enhance the airline's operational efficiency. CEO Pieter Elbers highlighted the facility's strategic importance for improving aircraft availability and cost efficiencies.
05Aug 25
IndiGo Reports Robust Q1 FY26 Profit Despite External Headwinds
Interglobe Aviation, IndiGo's parent company, posted a net profit of Rs 2,180.00 crore in Q1 FY26, with total income up 6.00% YoY to Rs 21,500.00 crore. Passenger growth was 12.00%, double the industry average. Despite challenges like geopolitical tensions and the AI171 accident, IndiGo maintained market leadership. The airline expanded internationally, launching flights to Amsterdam and Manchester, with plans for London and Copenhagen. For Q2 FY26, IndiGo expects mid-to-high single-digit capacity growth and similar passenger unit revenues as last year.
04Aug 25
IndiGo Expands Global Reach with London Flights, New Routes, and Fleet Additions
IndiGo announces daily direct flights to London Heathrow starting October 26 using Boeing 787-9 Dreamliners. The airline is introducing its premium product, IndiGoStretch, on flights to Singapore and Dubai. IndiGo has ordered 30 Airbus A350s and plans to launch flights to new destinations including Copenhagen and Athens. The company has partnered with major airlines like Delta and Air France-KLM. Despite expansion, IndiGo reported a 29% decrease in quarterly profit. The airline maintains a 65% market share in domestic operations with a fleet of over 400 aircraft.
03Aug 25
IndiGo Launches 19th Anniversary Sale Amid 20% Drop in Quarterly Profit
Interglobe Aviation, IndiGo's parent company, announces a celebratory sale for its 19th anniversary with domestic fares starting at ₹1,219 and international fares from ₹4,319. The sale runs from August 3-6, 2025, for travel until March 31, 2026. However, the company reports a 20.20% year-over-year decrease in quarterly net profit to ₹2,176.00 crore, falling short of analyst expectations. CEO Pieter Elbers warns of potential future challenges, including rising aircraft insurance premiums due to inflation, geopolitical tensions, and recent aviation incidents.
31Jul 25
IndiGo Reports 20% Profit Decline Amid Rising Insurance Costs and Industry Challenges
IndiGo, India's leading airline, reported a 20% decrease in net profit for the June quarter, dropping to ₹2,176.30 crore from ₹2,728.80 crore last year. This decline occurred despite a 12% increase in passenger volume. Revenue from operations grew by 4.7% to ₹20,496.30 crore. The airline increased capacity by 16.4% and served 91 domestic and 41 international destinations. CEO Pieter Elbers warned of potential increases in aircraft insurance premiums due to global factors. The company has reduced its grounded aircraft from over 70 to the 40s range, primarily addressing previous engine issues.
31Jul 25
IndiGo Maintains Strong Growth Outlook for FY26, Introduces Complimentary Meals on European Routes
Interglobe Aviation, IndiGo's parent company, maintains its early double-digit capacity growth forecast for FY26. The airline expects mid to high single-digit capacity growth in Q2 FY26. IndiGo has introduced complimentary hot meals on European routes to enhance passenger experience. Cost per available seat kilometer for FY26 is projected to remain similar to FY25. Q2 FY25 financial results show revenue from operations at ₹204,963.00 million and net profit at ₹21,763.00 million. The airline's fleet comprises 416 aircraft, serving 91 domestic and 41 international destinations with 2,269 daily flights at peak.
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