IndiGo shares soar 7% to record high
IndiGo, which cornered over 60% of the domestic market share, is expecting early double-digit growth in its capacity in the next fiscal.
IndiGo, which cornered over 60% of the domestic market share, is expecting early double-digit growth in its capacity in the next fiscal.
Aviation industry is expecting domestic traffic of 30 crore by 2030 from just 6 crore in 2014, says Jyotiraditya Scindia
Shares of SpiceJet rose 4% to ₹65.40 in intraday trade on the BSE.
India's aviation industry watches open-mouthed as Spicejet’s Ajay Singh attempts to take on more headaches than he already has
“With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again,” says CEO Pieter Elbers.
The Gurgaon-based budget carrier on Tuesday confirmed that it will submit a bid to buy a stake in Go First after conducting due diligence on the grounded airline.
Though the company has not revealed the date for starting international operations, it is aiming to target South Asia, Southeast Asia and the Middle East as popular destinations.
Delhi High Court warns Ajay Singh that it may attach the airline's assets if the payment is not made by September 10.
The Gurugram-based airline will reportedly issue 3.4 crore equity shares of the face value of ₹10 apiece and 13.5 crore warrants to Spice Healthcare.
Ajay Singh, the promoter of SpiceJet will infuse ₹500 crore by way of subscription to equity shares and/or convertible securities/equity share warrants on a preferential basis.