The airline has already set up a team of senior executives to work on the fake licensing issue and 'we are reviewing all our internal records and providing them to the DGCA to help them with their investigation', the sources said.
IndiGo's president Aditya Ghosh shares the growth plan.
The company commands a market valuation of Rs 31,702.37 crore (Rs 317.02 billion).
InterGlobe Aviation has already raised Rs 832 crore from anchor investors.
The aviation regulator slapped fines amounting to Rs 2.75 crore on Indian airlines in 2023, marking a 39 per cent rise in financial penalties from Rs 1.97 crore in 2022. The Directorate General of Civil Aviation (DGCA) said it imposed fines on domestic carriers such as Air India, IndiGo, AirAsia India and SpiceJet for issues related to non-compliance in 2023. The regulator also carried out a record number of 5,745 surveillance activities in the year to ensure compliance by airlines, aerodrome operators, and aviation personnel among others.
Cracks started appearing on Saturday in a grouping of airlines that was planning to suspend flights on August 18 to protest high jet fuel prices and taxes, with budget carrier IndiGo saying it would operate as usual.
IndiGo carried 12.05 lakh passengers last month, followed by Jet Airways-JetLite combined flying 11.01 lakh.
154 people on board an IndiGo aircraft had a narrow escape on Wednesday following a problem in its landing gear that caused thick smoke to emanate after touching down at the airport in New Delhi, leaving some passengers with minor injuries during evacuation.
Tata Engineering is to begin deliveries of its three box sedan Indigo from Saturday.
Leading low-cost carrier IndiGo has received the government's permission to buy 150 aircraft in the next 2-3 years, a senior company official said.
A negative net worth implies the company's liabilities are more than its assets
The passengers were offloaded and the aircraft was moved to an isolation bay for further inspection, airport sources said.
The airline has also inked a deal to take 12 A320s from Singapore's Tiger Airways on lease.
Among the impacted flights, Air India's flight AI 185 from the national capital to Vancouver that was to depart early in the morning was rescheduled.
While most of these commanders quit the airline for better prospects, some of them also parted ways due to the work culture
West Asian carriers are up against Air India and IndiGo in the battle for seats on lucrative international routes.
No-frills carrier IndiGo Airlines on Friday said it will increase frequencies on the domestic and international routes this summer as it adds nine aircraft to its fleet by the year end.
IndiGo had debt of Rs 3,912 crore at end of the June quarter.
The car gives a mileage of 24 km per kg of CNG.
Navi Mumbai airport's construction is facing delays, and is likely to commence commercial operations in 2025 instead of 2024, aviation consultancy firm CAPA has said in a report. When asked about this matter, the Adani Group told Business Standard that the Navi Mumbai airport project is "being executed as per scheduled implementation plan and will be operational by the original target date of December, 2024, without any delay". Navi Mumbai International Airport Limited (NMIAL), responsible for both the construction and operation of the airport, is a subsidiary of the Adani Group.
Ghosh, 43, will be reporting to 25-year-old Ritesh Agarwal, who founded OYO with a single hotel in 2013.
This will make buying tickets on airlines' websites cheaper as it will not include the transaction fee.
In a move that signals a fresh round of consolidation in the recession-hit aviation industry, budget carrier SpiceJet may pick 7.5 per cent stake in another low-cost airline IndiGo.
Low cost air-carrier IndiGo has flagged off its maiden foray into the international market.
The EGM would discuss deleting various Articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right', in the company's Articles of Association.
Will build on its existing strengths. Plans to include more fuel-efficient A-320 N and offer better connectivity.
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
Due to the tyre burst, the aircraft got stranded on the taxiway, prompting authorities to shut the airport's runway till 4 pm, affecting the services of passenger flights, officials said.
Karnataka skipper Mayank Agarwal on Wednesday said he is on the mend and gearing for comeback after day-long hospitalisation caused by a suspicious liquid he drank on-board a New Delhi-bound flight in Agartala.
Given a choice, she will always be a sari girl.
Market leader IndiGo on Friday followed its rivals and raised fares by 25 per cent to offset the impact of rupee fall and spike in international crude prices.
Air Deccan, which was renamed Simplifly Deccan after the merger with Kingfisher last year, is now called Kingfisher Red. According to the data released by the civil aviation ministry on Thursday, IndiGo's market share is 10.3 per cent, while that of Air Deccan trailed behind at 10.2 per cent.
Tata Group-owned Air India, under its new chief executive officer and managing director Campbell Wilson, is optimising its domestic strategy under which the carrier is "densifying" its presence on metro-to-metro routes and exiting from unviable ones, Business Standard has learnt. Wilson took charge on July 25. Air India has increased its flights on metro-to-metro routes such as Delhi-Mumbai, Delhi-Bengaluru, Mumbai-Chennai, Mumbai-Bengaluru, and Hyderabad-Mumbai between June and November this year.
'aris can be boiling hot in July. The choice of viscose over cotton was deliberate. Cotton would have crushed badly. We used viscose because it is a wood pulp fibre and lets you breathe. It is cooler than silk. We had to consider breathability because the athletes would be on a barge, in the heat, for up to five hours.'
The Indian aviation sector is on the cusp of a change as airlines look to induct a record number of aircraft. This, analysts said, will put the sector on a growth runway, though keeping it viable for only long-term investors. According to Vinit Bolinjkar, head of research at Ventura Securities, expectations of strong air traffic, coupled with low penetration, is the prime reason for a solid long-term outlook.
A senior DGCA official said that the flight has been grounded and a detailed probe has been ordered into the matter. All the passengers are safe.
No IndiGo flights will be available on the Mumbai-Bangkok route from March.
