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IndiGo Stock Plunges 10%, Wiping Out Rs 37,000 Crore In Market Value
InterGlobe Aviation Limited, the parent company of IndiGo, saw its market value shrink sharply on Monday as the airline continued to grapple with one of the worst travel disruptions in India's aviation history.
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How IndiGo, A Low-Cost Airline, Became The Biggest Owner Of The Indian Sky
While IndiGo's present chaos paints a grim picture, it is impossible to ignore that it is the biggest success story in Indian aviation
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India To Become Global Leader In Sustainable Aviation Fuel: Report
India's aviation market, the fifth-largest globally, is projected to become the third by 2030, and set to emerge as a global leader in Sustainable Aviation Fuel production.
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IndiGo Tops Market Share And Punctuality, FlyBig Sees Most Cancellations
IndiGo airlines has the largest market share in the country's civil aviation sector at 64.2 per cent, followed by Air India at 27.3 per cent, a report by the regulator DGCA said.
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India's Aviation Boom Fuels Openings For New Airline Players
India will require more government oversight as the country's airlines take delivery of thousands of planes and its fast-growing market is creating openings for new players, the government's aviation safety chief told Reuters.
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India Seeks Global Code Of Conduct To Prevent Pilot Poaching: Report
India wants countries to agree on a new code of conduct on hiring each other's airline staff after raising concerns that its fast-growing aviation system is being stifled by the poaching of Indian pilots and cabin crew without adequate notice.
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India Emerges As World's 5th Biggest Aviation Market: Report
India emerged as the world's fifth biggest aviation market, handling 241 million passengers, while Mumbai-Delhi was one of the busiest airport pairs in 2024, according to data released by global airlines' grouping IATA.
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Aviation Turbine Fuel Smuggling Racket Busted In Delhi, 6 Arrested
The Delhi Police on Monday claimed to have busted a racket siphoning off aviation turbine fuel from tankers and selling those in open market as a mineral turpentine oil, monthly loss costing Rs 1.62 Crore.
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India's Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs
India's aviation industry has expanded at a rapid pace to become the world's third-largest aviation market in terms of passenger traffic, according to a report compiled by the International Air Transport Association (IATA).
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Mahindra Renames Electric Car Amid Aviation Giant IndiGo's Trademark Challenge
India's Mahindra and Mahindra said on Saturday it would rename its latest electric car after aviation market leader IndiGo sued the automaker for use of its call sign and widely used brand name "6E".
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India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
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IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
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India Records 6.3% Rise In Domestic Air Travel At 132.8 Lakh In June
India's domestic air passenger traffic rose to 132.8 lakh in June this year which represents a 6.3% increase over the corresponding figure for June last year and reflects a robust 10.4 per cent jump over the pre-Covid levels.
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India Now World's 3rd Largest Domestic Aviation Market. How Tier-2, 3 Cities Gained.
India is now the world's third largest domestic aviation market and the increase in flight routes in the last 10 years has benefitted Tier 2 and 3 cities, President Droupadi Murmu said today.
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India Becomes World's 3rd Largest Domestic Airline Market: Report
Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
-
IndiGo Stock Plunges 10%, Wiping Out Rs 37,000 Crore In Market Value
InterGlobe Aviation Limited, the parent company of IndiGo, saw its market value shrink sharply on Monday as the airline continued to grapple with one of the worst travel disruptions in India's aviation history.
-
How IndiGo, A Low-Cost Airline, Became The Biggest Owner Of The Indian Sky
While IndiGo's present chaos paints a grim picture, it is impossible to ignore that it is the biggest success story in Indian aviation
-
India To Become Global Leader In Sustainable Aviation Fuel: Report
India's aviation market, the fifth-largest globally, is projected to become the third by 2030, and set to emerge as a global leader in Sustainable Aviation Fuel production.
-
IndiGo Tops Market Share And Punctuality, FlyBig Sees Most Cancellations
IndiGo airlines has the largest market share in the country's civil aviation sector at 64.2 per cent, followed by Air India at 27.3 per cent, a report by the regulator DGCA said.
-
India's Aviation Boom Fuels Openings For New Airline Players
India will require more government oversight as the country's airlines take delivery of thousands of planes and its fast-growing market is creating openings for new players, the government's aviation safety chief told Reuters.
-
India Seeks Global Code Of Conduct To Prevent Pilot Poaching: Report
India wants countries to agree on a new code of conduct on hiring each other's airline staff after raising concerns that its fast-growing aviation system is being stifled by the poaching of Indian pilots and cabin crew without adequate notice.
-
India Emerges As World's 5th Biggest Aviation Market: Report
India emerged as the world's fifth biggest aviation market, handling 241 million passengers, while Mumbai-Delhi was one of the busiest airport pairs in 2024, according to data released by global airlines' grouping IATA.
-
Aviation Turbine Fuel Smuggling Racket Busted In Delhi, 6 Arrested
The Delhi Police on Monday claimed to have busted a racket siphoning off aviation turbine fuel from tankers and selling those in open market as a mineral turpentine oil, monthly loss costing Rs 1.62 Crore.
-
India's Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs
India's aviation industry has expanded at a rapid pace to become the world's third-largest aviation market in terms of passenger traffic, according to a report compiled by the International Air Transport Association (IATA).
-
Mahindra Renames Electric Car Amid Aviation Giant IndiGo's Trademark Challenge
India's Mahindra and Mahindra said on Saturday it would rename its latest electric car after aviation market leader IndiGo sued the automaker for use of its call sign and widely used brand name "6E".
-
India's Aviation Sector Needs $170 Billion To Fund Record Growth By 2030: Report
India's aviation sector will need to pump in more than $170 billion through 2030 to finance record aircraft orders and boost airport capacity amid an ongoing traffic boom, S&P Global Ratings said in a report.
-
IndiGo Co-Founder's Family Trust Sells 5.24% Stake In Airline For Rs 9,549 Crore
InterGlobe Aviation promoter Rakesh Gangwal's family trust on Thursday sold a 5.24 per cent stake in the airline for Rs 9,549 crore through open market transactions.
-
India Records 6.3% Rise In Domestic Air Travel At 132.8 Lakh In June
India's domestic air passenger traffic rose to 132.8 lakh in June this year which represents a 6.3% increase over the corresponding figure for June last year and reflects a robust 10.4 per cent jump over the pre-Covid levels.
-
India Now World's 3rd Largest Domestic Aviation Market. How Tier-2, 3 Cities Gained.
India is now the world's third largest domestic aviation market and the increase in flight routes in the last 10 years has benefitted Tier 2 and 3 cities, President Droupadi Murmu said today.
-
India Becomes World's 3rd Largest Domestic Airline Market: Report
Driven by robust growth in the aviation sector in the last decade, India is now the third-largest domestic airline market in the world, up from 5th position 10 years ago.
