Experts say the margin was impacted primarily because of currency depreciation, rise in the price of aviation turbine fuel and pressure on account of fare wars in the home market.
Rahul Bhatia set up IndiGo and the Ibis hotels in India.
Low-cost carrier IndiGo on Wednesday said it plans to hire up to 1,500 people this year to support its major expansion drive.
'I hope they all survive, but it is a tough world.' 'The carriers who are already established are already struggling.'
Just after the boarding completed, a passenger suddenly opened the emergency exit door and inflated the slide, the airline said.
IndiGo and Jet Airways took the second and third rank, alternatively, during this period.
Bharti Airtel, the country's largest mobile operator, has already joined the global Seamless Alliance to provide in-flight connectivity.
The civil aviation ministry is to issue new route dispersal guidelines this month.
The information was forwarded to the Intelligence Bureau, Anti-Terrorism Squad, Special Branch of police and Crime Branch, a police officer said.
There was no word from IndiGo's CEO Aditya Ghosh.
An unruly passenger onboard an IndiGo flight from Mumbai allegedly got violent and created rukcus in the aircraft, forcing authorities to hand him over to security officials when the plane landed at the IGI airport in New Delhi.
Tata Motors on Thursday launched a new model in its Indigo XL range, which comes with a longer wheel base.
The Congress on Thursday claimed its leader Pawan Khera was deplaned from a flight to Raipur, where he was going to attend the party's plenary session.
India's largest airline has also told its crew members -- who are working on flights connecting India with East Asian countries like Thailand and Singapore -- to wear N95 masks at all times when they are on ground.
Airbus claims the new aircraft is 15 per cent more fuel efficient than the exiting versions of A320
Indian airlines will operate a total of 23,732 flights every week during the winter schedule, which is more than 8 per cent higher than the year-ago period, amid rising air traffic demand. The winter schedule 2023 -- effective from October 29 to March 30 next year -- for the scheduled carriers has been approved by aviation regulator DGCA. Go First, which stopped flying from May 3 and is undergoing an insolvency resolution process, will not be having any operations during the winter schedule.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
The police has registered an FIR and would look at who was at fault.
IndiGo, the country's latest low-fare domestic airline, is planning to fly to 30 cities across the country with a fleet of 40 A-320s by 2010.
Civil Aviation Minister Ashok Gajapathi Raju has sought an independent probe by the Directorate General of Civil Aviation after a video surfaced on Tuesday showing an IndiGo ground staff brawling with passenger Rajeev Katiyal at the Delhi airport last month.
The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Among the lot, fast-moving consumer goods (FMCG), retail, and consumer electronics segments are expected to do well over the next few months, and investors should thus selectively take bets in these pockets, analysts suggest. "We expect good volume growth for the FMCG sector during the festive season with some improvement in rural demand.
IndiGo declined to comment on the matter
Domestic airlines flew 1.29 crore passengers in April, a rise of more than 22 per cent compared to the year-ago period, according to official data released on Friday. However, the domestic air traffic number last month at 128.88 lakh was marginally lower than the 128.93 lakh recorded in March. In April 2022, the number of passengers carried by airlines stood at 105.47 lakh.
Latter's market share rises to 36.1% in Dec; best on-time performance across metro airports
Domestic carriers flew 28 per cent more people last month compared to a year ago, as no-frill carrier IndiGo remained the market leader by cornering 28 per cent share.
The budget carrier would now be operating 399 flights per day.
The new variants are petrol GLX model and two diesel LX models -- in turbo-charged diesel with intercooler and direct injection common rail engine options, the company said. The Tata Indigo CS, launched at the Auto Expo at New Delhi in January 2008, has boosted sales of the company's Indigo range of sedan.
InterGlobe Enterprises on Thursday said it along with Archer Aviation plans to launch an all-electric air taxi service across India in 2026. Once launched, the InterGlobe-Archer flight will aim to take passengers from Connaught Place in the national capital to Gurugram in Haryana in approximately 7 minutes whereas by road, the 27-kilometre-long trip will take 60-90 minutes, according to a release. Both companies have entered into a Memorandum of Understanding (MoU) with the goal of partnering to launch and operate an all-electric air taxi service in India, subject to appropriate regulatory approvals and clearances.
"A passenger named Sanjay Mallik on Indigo flight 6E181 from Delhi arrested by CISF on landing at 1145 hours," a spokesperson for the Mumbai International Airport Limited told PTI.
An Indigo aircraft flight E-664 mmade and emergency landing at New Delhi airport. The National Security Guard and Delhi police's quick response team have been called in.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
Domestic air traffic logged 14.35 per cent growth in November as compared to the corresponding period last year propelled by the festive season rush.
The airline is gearing up to come out with an initial public offer.
An anonymous phone call threatening that a bomb has been placed in a Kolkata-bound Indigo Airlines flight with 130 people, including six crew, on board on Wednesday sent security agencies into a tizzy at the airport in New Delhi.
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.
Employees of Go First, which has filed for bankruptcy, hope that the airline will fly out of the crisis with government support but some are already scouting for work. Some Go First pilots have joined airlines in West Asia in recent weeks and others have approached IndiGo, India's largest domestic airline. Calls to IndiGo's human resources and operations department increased after Go First said on Tuesday it will suspend flights for three days starting May 3, sources said.
With low-visibility conditions significantly disrupting flight operations at the Delhi airport, Civil Aviation Minister Jyotiraditya Scindia on Monday said all stakeholders are working round-the-clock to minimise fog-related impact as well as passenger inconvenience, and asserted that unruly passenger behaviour is unacceptable.
IndiGo's president Aditya Ghosh shares the growth plan.
'No doubt such a great human being, so humble and down to earth person.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances