Mumbai, May 29 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Friday reported a consolidated net loss of Rs 2,537 crore for the March quarter (Q4) of FY26, compared with a net profit of Rs 3,067.5 crore in the corresponding period last financial year.The airline’s revenue from operations, however, rose marginally by 1 per cent year-on-year to Rs 22,438 crore during the quarter, up from Rs 22,152 crore in the same period a year ago (Q4 FY25), according to its stock exchange filing…
Latest IndiGo News & Updates
New Delhi, May 27 (IANS) IndiGo is set to reduce its domestic flight capacity by 5-7 per cent between June and August 2026, becoming the second major Indian carrier after Air India to scale back operations amid rising cost pressures and softer post-summer travel demand.The airline has also already reduced its international capacity by nearly 17 per cent as part of temporary schedule adjustments.The move comes shortly after Air India announced a 22 per cent reduction in domestic flight operations…
New Delhi, May 26 (IANS) A major scare was reported at Kempegowda International Airport on Tuesday after smoke was noticed in an IndiGo flight bound for Chennai while the aircraft was taxiing for departure.According to the airline, IndiGo flight 6E 6017 from Bengaluru to Chennai was taxing out towards the runway when smoke was observed in the aircraft.In view of passenger safety, the pilot immediately halted the aircraft and an emergency evacuation was carried out.Airport fire brigade teams and …
Mumbai, May 26 (IANS) Indian equity markets traded flat in morning trade on Tuesday after fresh US strikes in southern Iran targeting boats attempting to lay mines and missile launch sites.In early trade, Sensex was at 76,339.29, down 150 points or 0.20 per cent, while Nifty slipped 45 points or 0.19 per cent to 23,986.40. Earlier in the day, the benchmark indices opened at 76,224.14 and 24,004.10, respectively.Among sectoral indices, IT, chemicals, media, PSU banks and metal stocks traded in po…
New Delhi, May 25 (IANS) Amid growing concerns over Ebola cases reported in parts of Africa, the Directorate General of Civil Aviation (DGCA) has issued a comprehensive Standard Operating Procedure (SOP) for airlines operating flights connected to the Democratic Republic of the Congo and Uganda, mandating enhanced health screening and precautionary measures for incoming passengers.The aviation regulator said the SOP is aimed at strengthening India’s preparedness against potential cross-border he…
New Delhi, May 23 (IANS) IndiGo on Saturday issued a travel advisory for passengers travelling to and from Delhi amid forecasts of thunderstorms and rain in the national capital, warning that flight departures and arrivals could be impacted due to adverse weather conditions.Taking to social media platform X, the airline said weather conditions over Delhi may temporarily affect flight operations, even as airport and airline teams were making preparations in advance to minimise disruptions.“With…
New Delhi, May 22 (IANS) Cyprus President Nikos Christodoulides and Prime Minister Narendra Modi, at their meeting held here on Friday, agreed to elevate the relations between the two countries to a strategic level with deeper cooperation in defence and transport connectivity, according to senior government officials. Noting that Prime Minister Modi visited Cyprus last year, the officials said that the “traditionally excellent relations” have now been elevated to a strategic level. “Over the pas…
Patna, May 20 (IANS) A meeting of the Bihar Cabinet was held on Wednesday under the chairmanship of Chief Minister Samrat Choudhary, during which 13 major agenda items concerning governance, infrastructure, security, sports, industrial development and public welfare were approved.One of the key decisions involved the sanction of Rs 747.97 crore in advance from the Bihar Contingency Fund for Rural Local Bodies for the financial year 2026-27, in line with the recommendations of the 15th Finance Co…
New Delhi, May 11 (IANS) Aviation and travel-related stocks came under sharp selling pressure on Monday after Prime Minister Narendra Modi urged citizens to avoid non-essential foreign travel and adopt fuel-saving measures amid rising global uncertainty linked to the ongoing crisis in West Asia.Shares of InterGlobe Aviation — the parent company of IndiGo — led the decline among aviation counters, falling 6.88 per cent during early trade to hit an intraday low of Rs 4,276.80 apiece on the BSE.M…
Mumbai, May 11 (IANS) Indian equity markets traded cautiously on Monday, with benchmark indices falling 1 per cent each in early trade after the US and Iran failed to reach an agreement on a peace proposal related to the West Asia conflict.Sensex declined as much as 943 points or 1.22 per cent to hit an intraday low of 76,384 in morning trade, while Nifty fell 280 points or 1.15 per cent to 23,897.Sectorally, all indices traded in the red, with Nifty Consumer Durables, Nifty Auto, Nifty PSU Bank…