IndiGo shares hit all-time high on order for 30 Airbus widebody aircraft
The airline has purchase rights for an additional 70 Airbus A350 Family aircraft “for possible future needs under certain conditions”.
The airline has purchase rights for an additional 70 Airbus A350 Family aircraft “for possible future needs under certain conditions”.
IndiGo says food served on board Indigo flights carries details on ingredients and nutritional info as per FSSAI rules
The new flight paths are longer and will increase operational costs for carriers, potentially leading to higher airfares.
As Tata Group forces the marriage, some protest aloud while others do so silently
Vistara's disruptions have led to disgruntled passengers, with Cleartrip reporting a surge in cancellation requests.
The low-cost carrier expects the addition of more than one aircraft per week and an additional 10 destinations.
The airline will operate between Ahmedabad-Rajkot, Ahmedabad-Aurangabad, Bhopal-Lucknow, and Indore-Varanasi from March 31.
IndiGo shares surge as much as 5.6% to hit a new all-time high of ₹3,301.40 today; the aviation stock has rallied 15% in the last six sessions.
“With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again,” says CEO Pieter Elbers.
The last few weeks represent a highly forgettable chapter in the airline industry market leader's two-decade-long life.