
IndiGo share skids 4% amid report of stake sale by Gangwal family
Rakesh Gangwal and his family plan to raise ₹2,000 crore by selling 2.8% stake in InterGlobe Aviation through a block deal today
Rakesh Gangwal and his family plan to raise ₹2,000 crore by selling 2.8% stake in InterGlobe Aviation through a block deal today
Elbers succeeds Ronojoy Dutta (71), who has decided to retire on 30 September 2022 after steering IndiGo through the turbulent Covid period.
By attempting to brush the “people” problem under the carpet, IndiGo’s management is making matters worse
Shares of IndiGo and SpiceJet rose over 2% in early trade on Wednesday after jet fuel prices were cut by 1.3%.
As competition in the Indian skies promises to intensify, India's largest private airline is tightening its seatbelt
IndiGo shares gained 9.94% to hit an intraday high of ₹1,808.5 on the BSE even after its consolidated net loss widens to ₹1,681 crore in Q4FY22
The airline's revenue from operations jumped 28.9% year-on-year to ₹8,020 crore aided by a strong traffic rebound in the latter half of the quarter.
Pieter Elbers will join IndiGo as the chief executive officer on or before October 1, 2022.
As India's largest private airline allots ESOPs for the year to senior management, a quiet resentment among some of its pilots and commanders is threatening to boil over.
Shares of airline companies IndiGo and SpiceJet fell up to 3% in the opening after jet fuel prices were hiked by 3.3% to all-time high levels on Tuesday.