Sky's the limit: IndiGo is now tenth largest airline by capacity globally; growth indisputable [details]
IndiGo has emerged as the tenth-largest airline globally and largest in the APAC region by seat capacity. Here's what's giving thrust to the airline major to fly higher.
Domestic travel surges 27% to 8.9 million in October, shows data
While IndiGo continues to retain the top spot in market share, Go First overtook SpiceJet
IndiGo passengers will be able to buy food, beverage on board from Nov 19
Govt via order dated Nov 16 has permitted airlines to resume meal service on all flights
IndiGo to start 12 new flights in November to strengthen domestic network
The airline said these flights are designed to cater to business and leisure travellers, who are constantly on the lookout for new and affordable flying options IndiGo appoints Saguna Vaid as general counsel with effect from Dec 1
Vaid will be replacing Priya Mehra who has joined Akasa Air Scindia flags off IndiGo's Bhopal-Raipur and Bhubaneswar-Jaipur flights
Both the flights will operate three times a week_1626341975109_1635511696979.jpg)
IHG Hotels to add four luxury brands to its India portfolio
The company has already signed deals for two of its other global brands. Hotel Indigo, which exists in the same segment as Crowne Plaza, has signed up a property in Mumbai.
InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Newspaper Publication
In compliance with Regulation 47 read with Regulation 30 of the SEBI LODR Regulations, please find enclosed the copies of newspaper advertisements relating to Unaudited standalone financial results and consolidated financial results of the Company for the quarter and half year ended September 30, 2021, published in Financial Express (English) - all editions and Jansatta (Hindi) - Delhi edition on October 29, 2021. This is for your information and record.
IndiGo stock down 6% after reporting seventh consecutive quarter of loss
IndiGo, however narrowed its losses this time around from 3,007 crore in Q1FY22 to 1,435 crore in the September quarter Q2FY22 Quarterly Result Announced for InterGlobe Aviation Ltd.
Highlights: IndiGo reports net loss of INR 14,357 million and EBITDAR of INR 3,408 million for the quarter ended September 2021 on a consolidated basis. Revenue from Operations of INR 56,085 million for the quarter, an increase of 104.6% against a 78.3% increase in capacity compared to same period last year EBITDAR of INR 3,408 million with EBITDAR margin of 6.1% for the quarter, compared to EBITDAR of INR 4,085 million with EBITDAR margin of 14.9% for the same period last year Loss before tax of INR 14,357 million, compared to loss before tax of INR 11,949 million for the same period last year Basic earnings per share was negative INR 37.29 for the quarter Strong liquidity position with a total cash of INR 165,539 million including free cash of INR 63,516 million Result PDF