InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

InterGlobe Aviation shares rally 3% after doubling Q4 profit. Brokerages increase target price up to Rs 5,192

Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose nearly 3% in Friday’s trade on BSE to its new 52-week high of Rs 4,520 after the company’s PAT more than doubled to Rs 1,895 crore in Q4. Revenue from operations increased 26% year-on-year (YoY) to Rs 17,825 crore in the reporting quarter while the airline’s … Read more

Indigo to handle cargo services at Vijayawada airport soon

Indigo to handle cargo services at Vijayawada airport soon

The domestic air cargo services at the Vijayawada International Airport will be soon handled by Indigo, one of the leading domestic airlines in the country. Due to various reasons including the change in certain rules following the directions of the Bureau of Civil Aviation Security, the current handler of the Common User Domestic Cargo Terminal, … Read more

55% IndiGo domestic flights delayed as crew call sick on AI recruitment day; DGCA to probe

55% IndiGo domestic flights delayed as crew call sick on AI recruitment day; DGCA to probe

Fifty-five per cent of IndiGo’s domestic flights were delayed on Saturday as a significant number of cabin crew members took sick leave, with sources in the industry saying they ostensibly went for an Air India recruitment drive. When asked about this, Arun Kumar, who heads the aviation regulator DGCA, told PTI on Sunday, We are … Read more

Uttar Pradesh sees revival of air travel! IndiGo resumes 650 weekly flights

indigo flights reuters

IndiGo connects Lucknow to 13 domestic destinations including new direct flights to Indore and Raipur. (Reuters image) IndiGo has resumed over 650 weekly flights to and from Uttar Pradesh during the prevalent Coronavirus pandemic. The airline has started flight operations from four major cities in Uttar Pradesh — state capital Lucknow, Gorakhpur, Varanasi, and Prayagraj. … Read more

Good news for doctors, nurses! IndiGo offers discounts on flight tickets, goodies, vouchers

IndiGo

As part of the campaign, IndiGo is providing up to 25 per cent discount on the airfares to the nurses and doctors. (Reuters image) IndiGo has tied up with brands like Barilla, Brewhouse, Cars24, Dettol, Ibis, and Loacker to express gratitude for medical frontline workers, who have been warriors during the prevalent Coronavirus pandemic. Around … Read more

IndiGo offers RT-PCR Covid-19 testing for domestic, international flyers at home

indigo flight

IndiGo has tied up with Stemz Healthcare to provide the Covid-19 RT-PCR testing services at “affordable rates” for passengers booked tickets for its domestic and international flights. (Reuters image) IndiGo has started RT-PCR testing for Coronavirus for its domestic and international flyers. The no-frills airline is providing both home visits or lab visit options for … Read more