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.
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.
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.
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.
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.
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.
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.