Indigo

Govt mulling 49% stake sale in Air India: Report

The government may soon form a panel to look at the possibility of a stake sale, Reuters reported, citing NewsRise Financial.

Mar 23, 2016

Bangalore airport passenger traffic up 23%

The airport handled 17.3 million passengers, up from 14.1 million in the corresponding period last fiscal.

Mar 14, 2016

Indian Oil cuts jet fuel prices; aviation stocks rise

State-owned Indian Oil Corporation cut ATF prices by Rs 515 per kilolitre with effect from March 9 midnight.

Mar 10, 2016

Air India Express to post Rs 250 crore profit for this fiscal: Report

The airline has been able to maintain a passenger load factor of 83 percent, despite increased competition from domestic players.

Mar 5, 2016

Budget 2016: Increased excise duty on jet fuel may lead to hike in airfares

The hike in excise duty on jet fuel has drawn criticism from industry experts and airlines.

Feb 29, 2016

SpiceJet, Jet, GoAir, IndiGo could sue Centre if 5/20 rule is abolished: Report

They contend that the proposed removal of the 5/20 rule is aimed at benefiting "two new airlines."

Feb 24, 2016

Tata criticises older Indian airlines as competition heats up

Ratan Tata, in a tweet, accused established Indian airlines of trying to monopolise the domestic aviation market.

Feb 22, 2016

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846.

Feb 19, 2016

Domestic air traffic: IndiGo maintains lead in January, Jet Airways gains, Air India loses

The overall domestic passenger traffic grew 22.58 percent to 76.55 lakh passengers, up from 62.45 lakh in January 2015.

Feb 18, 2016

Jet Airways plans better cost control and fleet usage measures

The airline is set to double its earnings per share to Rs 120 in FY17 from the current Rs 68 in FY16.

Feb 10, 2016

SpiceJet to choose between Boeing and Airbus for Rs 75,000-crore deal

The airline has laid the condition of early deliveries as the selling point of the deal.

Feb 9, 2016

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Airbus recently indicated that on account of some "industrial reasons" there could be a delay in the delivery of the aircraft.

Feb 8, 2016

Jet Airways Q3 net profit soars on lower fuel costs, higher passenger traffic

The company's net profit was Rs 467.11 crore, as against Rs 63.11 crore in the corresponding quarter last fiscal.

Feb 6, 2016

Aviation stocks crash on rebound in crude oil prices

Fuel costs account for around 40%-50% of the operating costs of aviation companies.

Feb 4, 2016

Market rout hits recently-listed IPOs badly

Stock prices of the eight out of 21 recently-listed companies have declined anywhere between 1.76% and 35.28%.

Jan 27, 2016

5/20 rule faces criticism from civil aviation minister Gajapathy Raju

The rule is being opposed as well as supported by Indian air carriers based on commercial considerations.

Jan 23, 2016

SpiceJet Q3 reports highest quarterly net profit at Rs 238.40 crore on lower fuel costs

The company had reported a loss of Rs 275 crore in the corresponding quarter last fiscal.

Jan 22, 2016

Interglobe shares plunge on weak Q2 numbers of IndiGo revealed while declaring Q3 results

The results for the seasonally-weak Q2 were disclosed along with Q3 results on Thursday.