IndiGo shares extend losses to 7th consecutive session after airline responds to DGCA show-cause notice

IndiGo shares extend losses to 7th consecutive session after airline responds to DGCA show-cause notice

Shares of InterGlobe Aviation, the parent company of IndiGo, extended their fall to the 7th straight session, declining by 1.7% to an intraday low of Rs 4,842.05 on the BSE on Tuesday, December 9, following the airline’s formal response to the Directorate General of Civil Aviation (DGCA)’s show-cause notice amid ongoing operational disruptions. With today’s … Read more

SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions

SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions

SpiceJet shares surged as much as 13% intraday on Monday, hitting a high of Rs 35.30 on the BSE, extending gains for a second straight session. The rally comes amid widespread flight delays and cancellations at rival InterGlobe Aviation, the operator of IndiGo, which has led to higher demand for SpiceJet services. The disruption at … Read more

‘ऐसा कड़ा एक्शन लेंगे जो पूरे एविएशन सेक्टर के लिए मिसाल बनेगा’, इंडिगो संकट पर बोले केंद्रीय मंत्री राम मोहन नायडू

‘ऐसा कड़ा एक्शन लेंगे जो पूरे एविएशन सेक्टर के लिए मिसाल बनेगा’, इंडिगो संकट पर बोले केंद्रीय मंत्री राम मोहन नायडू

देश की सबसे बड़ी एयरलाइन इंडिगो के ऑपरेशनल संकट के बीच केंद्र सरकार अब सख्त रुख में दिखाई दे रही है. उड़ानों की भारी अव्यवस्था और हजारों यात्रियों की परेशानी को देखते हुए नागर विमानन मंत्री राम मोहन नायडू ने साफ संकेत दिया है कि सरकार कोई समझौता नहीं करने वाली है. उन्होंने कहा कि … Read more

Flight cancellations, strikes raise fears of new summer travel chaos in Europe

Flight cancellations, strikes raise fears of new summer travel chaos in Europe

British Airways canceled dozens of flights Friday, blaming computer problems for disrupting plans for thousands of passengers at the start of a busy holiday weekend – a rocky kickoff to the summer travel season in Europe. The technical glitches and strikes by airport staff across Europe are stirring concerns about a repeat of last summer’s … Read more