Interglobe Aviation Ltd (INDIGO)

Interglobe Aviation Among Most Bought Stocks; Rival's Shares Rise - 20 Sep, 2023

Interglobe Aviation was among the most bought largecap stocks, while shares of rival IndiGo rose by 0.5% following a report on Akasa.

Interglobe Aviation's Yield Per Passenger Falls in Q1FY24 - 19 Sep, 2023

Interglobe Aviation Ltd's yield per passenger fell to Rs 5.18 in Q1FY24, while the company's total debt rose 18% YoY to Rs 46,291 crore.

IndiGo Maintains Market Dominance with Positive Growth Outlook - 18 Sep, 2023

Interglobe Aviation's subsidiary, IndiGo, continues to dominate the Indian market with 63% control and positive growth outlook. Experts predict a 28% upside.

Indigo Explores Secondary Lease Market for Aircraft Acquisition - 15 Sep, 2023

Interglobe Aviation Ltd's subsidiary, Indigo, is considering acquiring up to 22 aircraft from the secondary lease market as it faces grounding issues with its Airbus A320 Neo fleet. Insurers have also increased their stake in the company.

IndiGo Receives Approval for Wet-Lease of Aircraft - 14 Sep, 2023

InterGlobe Aviation Ltd's subsidiary IndiGo has received permission from the Directorate General of Civil Aviation (DGCA) to wet-lease 11 Airbus A320 neo-family aircraft amid grounding nearly 40 planes due to engine issues. Additionally, IndiGo will soon introduce devices to detect pilot fatigue. Brokerage sees positive outlook.

IndiGo Safety Concerns and Buying Boost Interglobe Aviation Stock - 13 Sep, 2023

IndiGo's safety concerns led them to seek leasing of 22 aircraft from the secondary market. Meanwhile, InterGlobe Aviation saw significant buying, leading to a maximum MoM increase in stock value.

IndiGo Announces New Domestic Flights in Response to Festive Demand - 12 Sep, 2023

InterGlobe Aviation Limited's stock traded at Rs. 2493.00, with a turnover of Rs. 56257899.00. IndiGo introduces new domestic flights due to high demand during the festive season.

Interglobe Aviation Stock Down 17% in One Year - 11 Sep, 2023

InterGlobe Aviation Ltd, the operator of IndiGo Airlines, has seen its stock price fall by 17% over the past year, while rival airline IndiGo's stock has risen by 25%.

Rakesh Gangwal Steps Down from Interglobe Aviation Board - 08 Sep, 2023

Co-founder Rakesh Gangwal has resigned from the board of Interglobe Aviation and sold shares worth nearly Rs 4000 crore, reducing his holding below the 26% threshold.

InterGlobe Aviation Stock Closes at Rs. 2445.70 on BSE - 07 Sep, 2023

InterGlobe Aviation Ltd's stock closed at Rs. 2445.70 on BSE, with a net turnover of Rs. 9093903.00.

IndiGo Resumes Direct Flights Between Hyderabad and Male - 06 Sep, 2023

InterGlobe Aviation Ltd's stock saw positive movement as SpiceJet and IndiGo announced new flight routes.

InterGlobe Aviation Approves New Ventures and Aircraft Purchase - 05 Sep, 2023

InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, has approved the establishment of a Venture Capital division and an additional purchase of 10 A320 NEO family aircraft from Airbus.

InterGlobe Aviation Board Approves New Subsidiary - 04 Sep, 2023

InterGlobe Aviation Ltd's board approved the establishment of a new wholly-owned subsidiary for financing aviation assets, placed an order for 10 additional A320 Neo aircraft with Airbus, and saw its shares rise by 0.20% after a windfall tax reduction.

IndiGo Revamps On-Board Catering Service - 30 Aug, 2023

InterGlobe Aviation Ltd's IndiGo is set to launch a new quick-service menu for its 6E Eats on-board catering service, aimed at improving affordability and reducing wastage.

Kotak Institutional Equities Rates InterGlobe Aviation as 'Buy' - 29 Aug, 2023

InterGlobe Aviation, the parent company of IndiGo Airlines, has received a 'buy' rating from Kotak Institutional Equities with a target price of Rs 3,400, reflecting an upside potential of 35.5% over the next year.

IndiGo Pilots Plan to Form Association Amid Capacity Addition Schedules - 26 Aug, 2023

As Indian aviation companies such as IndiGo race to induct pilots, hundreds of pilots plan to form an association to challenge flying duty regulations after a 40-year-old IndiGo pilot died before piloting a flight from Nagpur to Pune.

IndiGo Takes Measures Amidst Grounded Aircraft - 24 Aug, 2023

IndiGo takes steps to mitigate effects of grounded aircraft and maintain positive net worth amidst impending stake sale. Reports highest-ever quarterly profit.

Interglobe Aviation Ltd Shares Rise for Second Day - 23 Aug, 2023

Interglobe Aviation Ltd's stock saw strong buy flows at the FII desk, resulting in a 1% increase for the second day running. High delivery volumes are expected.

Pilots raise concerns over fatigue at Indian airlines - 22 Aug, 2023

Former pilots have publicly raised concerns about fatigue among airline staff in India, with hundreds planning to come together to lodge complaints and raise awareness. The sudden death of an IndiGo pilot has heightened worries, although the airline says he was well-rested before duty. IndiGo operates 1,900 flights a day and claims to have a comprehensive fatigue management system.

Former Co-Founder of IndiGo Has Net Worth Over $4 Billion - 21 Aug, 2023

Miami-based Rakesh Gangwal, former co-founder of Interglobe Aviation Ltd's subsidiary IndiGo, has a net worth of over $4 billion.