IndiGo share price today: IndiGo share price fell as much as 4.8 per cent to a low of Rs 4,275 per share on the BSE in Monday's intraday trade as investors booked profit in the stock post a its April-June quarter (Q1) results for financial year 2024-25 (FY25). The stock ended 1.36 per cent lower at Rs 4,430 as against a 23-points gain in the benchmark BSE Sensex. The selling also got exacerbated as the management commentary, post Q1FY25 results, highlighted that inflationary pressure could likely dent July-September (Q2FY25) performance.
Air India officials they should have received a passenger manifest from Canadian Pacific Air listing all the connecting travellers on a flight from Vancouver to Toronto.
The worldwide softness in the sector has ensured there are few takers for these aircraft; those who had leased the aircraft to Indian carriers will invoke a hefty penalty if the machines are sent back to them.
The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
Air India's pilot unions on Monday alleged that working conditions are hostile at the airline and sought Tata group chairman N Chandrasekaran's intervention to resolve the issues. Tata group took control of loss-making Air India in January this year. The two pilot unions -- IPG and ICPA -- claimed that despite its unflinching support extended to Air India in its growth and expansion plan, the management has not reciprocated in the same manner.
Even though the two state-owned airlines, Indian Airlines and Air India, have announced a merger, the country is on its way to once again have two scheduled airlines controlled by the government.
'As a child, I didn't even know that he was an IPS officer... It was much later when I came back to India'
Indian Airlines and Bank Sports Board crashed to humiliating 1-2 defeats in the Inter-Institution men's team championship quarter-finals at the 34th Senior National and Inter-State Carrom Championships.
Eyewitnesses of the Nepalese passenger plane crash have said that they had a close shave as the Yeti Airlines plane, with 72 onboard, including five Indians, crashed near their settlement and a bomb-like blast was heard.
Airbus will increase sourcing of components from India, which offers plenty of opportunities, according to the aircraft maker's CEO Guillaume Faury. The European major, which has bagged huge aircraft orders from IndiGo and Air India, doubled its sourcing of components and services from India to 1 billion euros during the period from 2019-2023, he said.
Vistara, an airline in which Tata Sons owns 51 per cent stake, is one of those which wants a relaxation in rules, saying these are important for the country's economic growth.
Airline losses have more to do with their business models than the price of aviation fuel.
Air India will be commencing its scheduled operations -- two daily flights from the national capital -- to Dhaka on Wednesday.
Babus may now use private telecom, airline services
Rivals say the concessions would benefit AirAsia alone.
An airline's birth is a result of passion and enterprise, often not without its challenges and ordeals. And, Tata-run airlines are no exception
'Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.' 'We also helped them understand the revenues this would generate for them.'
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
Take the Rediff Biz Quiz and find out how much you know about the Indian aviation sector.
The phenomenon of fog is largely Delhi-centric. 'Airlines may think that we only have conditions of extreme fog on a few days every year, and spending a pilot's time and the airline's money on training can add up to its expenses.' 'So, they may prefer holding it for a few days.'
A continuation of the highest standard by the FAA will be a relief for Indian airlines especially the Tata group which intends to increase Air India flights on India-US routes. US aviation watchdog Federal Aviation Administration (FAA) has completed the audit of India's aviation regulator DGCA. Sources said that the FAA team was satisfied with the work and changes in regulations by India and is likely to maintain a Category 1 status rating under its International Aviation Safety Assessment (IASA) programme.
After having allowed private Indian airlines to fly to SAARC countries, the Union Cabinet is likely to take a decision to permit them to launch operations to other international destinations in a month's time, civil aviation minister Praful Patel sai
Tata Sons on Thursday announced the appointment of Campbell Wilson as chief executive officer and managing director of Air India. Wilson is the founding CEO of low-cost airline Scoot.
'The recent price hike would only be beneficial if the airlines continue to operate at 80 per cent airline capacity. An increase towards 90 or 100 per cent airline capacity would again add pressure to the fares as demand remains muted. Also, we are in the fourth quarter of the fiscal year which is a seasonally weaker quarter,' says an analyst.
Notwithstanding the sweltering heat engulfing major cities, travellers can find solace in the steady airfares to popular summer destinations like Srinagar, Bagdogra, and Kochi. According to airline executives, capacity increases and moderate demand have kept spot airfares from scorching cities like Delhi on a par with the same period last year.
'He told me he was very happy to see the realistic portrayal of the cockpit too.' 'His wife told me that I carried the same kind of personality as her husband in my performance.'
The 25 passengers, who had applied for political asylum in France, were reportedly freed on Tuesday and five of them were taken into care of child welfare services being minors.
Kingfisher Airlines Executive Vice-President Hitesh Patel said Kingfisher was interested in flying Gulf and south-eastern destinations, if the government permitted.
As Prabhakaran was leaving his house, Rajiv Gandhi called his son Rahul and asked him to fetch his (Gandhi's) bulletproof jacket. He put the jacket on Prabhakaran's back and remarked with his usual charming smile: "Take care of yourself."
In an unprecedented show of solidarity on Friday in Mumbai, India's cash-strapped, loss-making private airlines -- including Kingfisher Airlines, Jet Airways, and others -- have demanded a bailout package from the government or they 'will have to suspend their operations indefinitely'.
The Cyberster is currently sold in the UK for about Rs 63 lakh and is expected to be priced between Rs 65 lakh and Rs 70 lakhs.
For the first time, Indian airhostess would fly on China Eastern Airlines to India, a move that would be welcomed by Indians who are increasingly travelling to China for business as well as tourism.
Every year has its share of duds and turkeys. 2024 was no different except that even the rotten ones are too drab to have any real offence value.
