India's aviation market incredibly price competitive: IndiGo CEO
Around 65% of the world population lives within 5-6 hours of flying time from India, says IndiGo CEO Pieter Elbers
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September 2023
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IndiGo to buy 10 A320 NEO aircraft from Airbus; stock surges
These 10 aircraft will be part of the original 300 aircraft order placed in 2019
IndiGo shares fall 5% amid buzz over stake sale by Gangwal family
The Gangwal family led by Rakesh Gangwal looks to sell 4% stake in IndiGo at a floor price of ₹2,400 per share, a discount of 5.8% to Monday’s closing price.
IndiGo shares skid 5% despite record profit in Q1; here’s why
The aviation heavyweight has been witnessing profit booking after hitting its all-time high levels of ₹2,745.95 on July 13, 2023.
IndiGo posts highest-ever profit of ₹3,091 cr in June quarter, revenue up 30%
This is the highest-ever profit recorded by IndiGo owing to weak competition and expensive air ticket prices
IndiGo stock hits all-time high after Airbus deal
Shares of India's biggest airline by market share opened at a record high of ₹2,490 on the NSE.
IndiGo to buy 500 Airbus aircraft in largest-ever order
With this order of 500 aircraft, IndiGo's order book has almost 1,000 aircraft yet to be delivered well into the next decade.
IndiGo shares skid over 3% amid reports of Gangwal family selling stake
At present, Gangwal and his wife Shobha Gangwal hold 13.23% and 2.99% stake in IndiGo respectively, whereas the Chinkerpoo Family Trust holds a 13.5% stake in the airline.
IndiGo shares rise amid report of 500 jet order to Airbus
The airline is in talks with Airbus to lease 500 narrow-body A320 jets, which is expected to eclipse Air India's provisional purchase of 470 aircraft in February this year.
IndiGo shares dip as Q4 profit misses estimates
IndiGo’s profit was ₹919.2 crore in Q4 vs ₹1,681.8 crore loss in the same period last year. Revenue surged 76.5% YoY to ₹14,160.6 crore
