Shares of aviation majors including SpiceJet and InterGlobe Aviation rallied up to 12 per cent in Friday’s early trade after the cap on the number of domestic flights that domestic airlines are permitted to operate was increased from 70 per cent to 80 per cent of their pre-Covid levels. SpiceJet was up 11.86 per cent … Read more
Aboard a Delhi-Bengaluru IndiGo flight, a pregnant woman passenger delivered a baby boy on Wednesday. The IndiGo crew successfully managed to assist the woman in her delivery when the baby boy was prematurely born. IndiGo crew poses with the baby who was born aboard a Delhi-Bengaluru flight on Wednesday. (Image: Twitter) Aboard a Delhi-Bengaluru IndiGo … Read more
New Delhi: IndiGo on Wednesday said it operated more than 800 international charter flights during the last three months to repatriate 1.5 lakh passengers. Scheduled international passenger flights continue to remain suspended in India due to the coronavirus pandemic. However, international charter flights can operate as usual with the permission of aviation regulator Directorate General … Read more
Opportunities keep coming, we have to be ready to embrace them when it comes and encash them and build on them. You have to be early in the game and you have to be ahead of the crowd, says chairman, MOFSL. How should investors look at banks? First bad news will come and then good … Read more
MUMBAI: Hoping that the COVID-19-hit aviation industry should be back on “track” within the next one-and-a-half years, budget carrier IndiGo parent InterGlobe Aviation‘s Chief Executive Officer Ronojoy Dutta has said restrictions on travel by certain states are hurting demand. Speaking at an SBI-hosted virtual banking and economic conclave on ‘Impact of COVID-19 on Business & … Read more
Mumbai: Budget carrier IndiGo is expected to report a loss of Rs 2,670 crore for the June 2020 quarter, while its rival SpiceJet‘s losses during the quarter are likely to be at around Rs 1,000 crore, owing to operational disruptions and low fixed cost coverage, a report said on Wednesday. Regular operations of the domestic … Read more