Highlights Indigo enters into a Codeshare agreement with Turkish airline Ties up with Istanbul based airlines for larger global presence Indigo set to change the way budget-carrier airlines operate, increasing their reachability to other international destinations The official statement declared the first Codeshare agreement between IndiGo and Turkish airlines. The pact is a part of […]
Rs 999 for a one way flight – IndiGo’s festive offer gives flyers the gift of love
IndiGo, India’s budget airline announced on Monday that it has put 10 lakh promotional seats on sale for all-inclusive fares starting at Rs 999. The offer stands for one-way flights and is for a limited period of time. Making their offer more lucrative, the company also offered a cash amount of up to Rs 600 […]
What makes airlines give you cheap flight tickets despite increased passenger traffic ?
The passenger traffic for airlines has increased by about 17 per cent in the past year. However, an increased competition along with a rise in the capacity by 15 per cent, is the reason why there has been no increase in the airline fares. The overall capacity in seat kilometers stands at 130 billion kilometers. […]
Cash-flush IndiGo plans to go easy on ‘sale and lease back’ model
One of the leading airline in India, IndiGo has begun flying low on ‘sale and lease back’ model as its cost of aircraft ownership experiencing increase. During the last fiscal, IndiGo had acquired six ATR aircraft out of its free cash. The low-cost carrier believed it would help bringing the operating cost down in the […]
IndiGo Airline may see a few more resignations of Indian executives in coming months
The hiring of expatriate in last couple of year is speculated as the major sore point of exit of Indian from IndiGo’s key management position. It has been reported that within a period of 1 month, 3 key management heads have resigned from low cost airline. Ajay Jasra, corporate communication head of the airline resigned […]
Rahul Bhatia denies any link between Aditya Ghosh’s exit and hiring of expats at IndiGo
Rahul Bhatia, the co-founder of IndiGo denied any link between the resignation of Aditya Ghosh from the president position with the appointment of expatriates in the company. He further stated that Indians are still heading the key departments and the expats have been hired due to their experience in certain areas. “Aditya had been saying […]
Indigo likely to appoint Gregory Taylor as new CEO, stock rebounds after 6% fall
On Monday, the shares of Interglobe Aviation Pvt Ltd rebounded after falling 6% on Friday and gained 1% today. At 9:55 am, the scrip was trading at 1,417, up 0.8% as comapred to a 0.5% rise in BSE Sensex. The stock had hit a high and low of Rs 1,438 and Rs 1,361 in the […]
Aditya Ghosh steps down as IndiGo Airlines president, Rahul Bhatia takes up the interim CEO position
MUMBAI: InterGlobe Aviation Ltd, which powers India’s top carrier IndiGo, mentioned on Friday its president, Aditya Ghosh, would leave the position effective July 31, after serving the company for 10 years. Rahul Bhatia will be taking the role of interim CEO, the airline mentioned in a statement. The airline board is considering Gregory Taylor, an aviation […]
Rahul Bhatia’s InterGlobe Real Estate joins the race to acquire commercial assets PAN-India
Rahul Bhatia-owned InterGlobe Enterprises Pvt. Ltd, which also runs India’s largest airline IndiGo, is expanding its real estate business through InterGlobe Real Estate Ventures Pvt. Ltd (IGR). Launched in 2017, InterGlobe Real Estate Ventures manages the real estate portfolio and funds of the company. According to the company website, IGR aims at creating one of […]
The pollution worries me more than IndiGo’s reputation: Co-founder Rahul Bhatia
Rahul Bhatia, the co-owner of IndiGo Airlines, met aviation minister Ashok Gajapathi Raju in Delhi on Wednesday. This happened after a video went viral of a passenger being manhandled by the airline staff at the Delhi Airport went viral on social media. The aviation minister has in this regard, asked IndiGo to submit a detailed […]