Aditya Ghosh, with no prior aviation background or MBA degree, managed not only to become the CEO of an airline but even piloted it to the top with almost half of the market.
Given its network and fleet, it has garnered the highest share of passenger growth.
The carrier said for domestic flights the fees for cancellation and changes would now be Rs 3,500 and Rs 3,000 respectively, if it was done within three days of the flight's departure. Before this announcement, IndiGo charged a flat rate of Rs 3,000 and Rs 2,500 for cancellation and detail changes on domestic tickets.
Despite having started at least a decade later than Jet Airways, IndiGo accounts for the lion's share in the domestic market
IndiGo has proposed to issue 185,000 shares worth to Chief Executive and Whole-time Director Ronojoy Dutta under the company's Employee Stock Option Plan (ESOP). The shares that can be exercised at a price of Rs 765 apiece is worth Rs 14,15,25,000. Dutta can exercise 25 per cent of that at the end of first year, 35 per cent at the end of second year, and the remaining in December 2023 when his current tenure ends.
FSSAI is looking to tap the Airport Health Organisation to ensure that such incidents aren't reported in the future.
Gangwal said he will not vote in favour of resolutions that intend to expand the size of the board to 10 members. Gangwal wants a seven-member board.
Analysts remain sceptical on the profitability from freighter business, saying that once normal air transport resumes and there's abundant belly capacity, the traditional economics of air cargo may not be that lucrative.
'My one recommendation would be to first quell the violence and then encourage dialogue and build the trust among the different communities.' 'This is not easy but necessary, for violence cannot be the way forward.'
People in the know said the move would impact around 110 engines, virtually putting a spanner on the expansion plans of IndiGo - counted among the fastest growing airlines in the world.
The aircraft was taken to an isolated bay for a secondary ladder point check after a Bomb Threat Assessment Committee (BTAC) found the threat as 'specific', the sources said.
Cyclone Fengal expected to make landfall near Puducherry.
Flight services at Mumbai airport were severely impacted on Monday due to low visibility after heavy rains in the city, leading to runway operations being shut for over an hour and approximately 50 flights being cancelled, sources said.
This came even as the airline recorded the fastest domestic passenger growth rate of 26 per cent.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
The cancelled flights account for almost 10 per cent of the airline's operations
IndiGo is facing acute shortage of commanders amid aggressive expansion of its fleet. The carrier has more than 210 planes in its fleet.
IndiGo, India's largest airline, is in talks to raise fresh funds as a second wave of pandemic has led to collapse in travel demand. The airline may look to raise Rs 3,500-4,000 crore. On Monday, only 97,761 passengers flew. With flyers cancelling bookings, airlines had to put aside flights and operated only 1,306 of them.
Earlier in the day, an IndiGo A320 passenger aircraft landed successfully at 1.32 pm at runway 08/26 of the under-construction Navi Mumbai International Airport, paving the way for the Navi Mumbai International Airport Ltd (NMIAL) to seek an aerodrome licence from the aviation safety regulator Directorate General of Civil Aviation (DGCA) to start commercial flight services.
The pilot wrote in his letter to airline's management that he was 'disheartened' to learn the carrier took action against the comedian without consulting him and solely on the basis of social media posts.
Initially, starting with a slightly curtailed capacity, the airline will increase the operating capacity over the subsequent months, also reopening selected international flights, depending on the existing international travel guidelines: IndiGo.
Air India, which operates 72 weekly flights from various cities to Dubai, and IndiGo cancelled their services on Wednesday.
'We don't give any guidance about profitability. We have internal targets but we don't discuss them publicly.'
This is a setback for the divestment process of Air India as no other Indian airline has the capability to fund the process
Dutta was president of United Airlines, where he worked for nearly twenty years. He also served as the president of Air Sahara for two years. Moreover, he was an advisor to the restructuring of both Air Canada and US Airways.
Rupesh Kumar Singh, 40, was sprayed with bullets while he was inside his SUV waiting for the gates of his residence in Punaichak locality in the city to open after his return from office on Tuesday evening.
Chadha also said there is a possibility that fog in Delhi and a recent air show in Mumbai may have added to the troubles of the airline.
IndiGo is providing digital solutions to everyday problems, attracting customers to digital platforms and engaging start-ups to find solutions
'We have seen some videos wherein mediapersons are standing too close to each other in the 6E264 flight on Wednesday. It seems to be a violation of safety and social distancing protocols'
At present, six A320 Neo of IndiGo & GoAir are grounded waiting for engine replacement
The IAF pilots, who are middle-aged, are willing to fly any number of hours, as they are keen to make quick money before they retire
The plan is to charge 30 per cent less. Travel sector executives say if IndiGo is able to do so, it could create a new class of flyers.
Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
This is the second incident in six months of an untoward incident involving IndiGo staff.
IndiGo said operations of the ATR fleet would be handled by an independent team that would be responsible for in-flight services, dispatch and control, and revenue.
DGCA has also permitted the airline to deploy newly-inducted planes for capacity expansion.
Cyclonic storm Fengal has commenced making landfall close to Puducherry and it may approximately take 4 hours for it to cross the coast completely, an India Meteorological Department (IMD) official said. The process of the cyclone's landfall commenced at about 5.30 pm on November 30. The IMD said the forward sector of spiral bands associated with the cyclone has entered into the land and is likely to move west-southwestwards and cross north Tamil Nadu-Puducherry coasts between Karaikal and Mahabalipuram close to Puducherry as a cyclonic storm with a wind speed of 70-80 kmph gusting to 90 kmph during next 3 to 4 hours.
The expansion of existing airports and development of new airports will continue expeditiously, Finance Minister Nirmala Sitharaman said on Thursday and emphasised that the country's aviation sector has been galvanised in the past 10 years.
This will take its total number of services to 613.
Kamra was banned by India's largest airline for six months on Tuesday for allegedly harassing Goswami on the Mumbai-Lucknow flight. SpiceJet, GoAir and Air India also imposed a similar ban on Kamra without specifying any period.
