Qatar Airways, IndiGo seal tie-up
Akbar Al Baker, group chief executive of Qatar Airways, said the airline was keen on buying a stake in IndiGo, but the time was not right.
ronojoy dutta
November 2019
October 2019
May 2019
IndiGo reports ₹1,062 crore loss in Q2
Higher aircraft maintenance costs, employee expenses, and mark-to-market losses on capitalised operating leases drag the airline further into the red in a seasonally weak travel period.
‘Domestic air traffic growth to bounce back to 10-12%’
Even as domestic traffic growth is on the rebound, India’s largest airline IndiGo reported profit growth of 401.2% in Q4 of FY19.
There may be differences on certain matters: IndiGo CEO
IndiGo CEO Ronojoy Dutta issued a statement to dispel speculations over a possible rift between the airline’s two co-founders. But, he did allude to the fact that there were differences.
IndiGo’s billionaire troubles
Given IndiGo’s market domination, the reported rift between Rakesh Gangwal and Rahul Bhatia, the billionaire co-founders of the airline, could have an adverse impact on the Indian aviation industry.
