15 stories mentioning NSE:INDIGOUpdated 20d ago
Every FINWIRES story that references NSE:INDIGO, newest first.
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InterGlobe Aviation's (NSE:INDIGO, BOM:539448) Indigo will launch bi-weekly non-stop flights between Gaya and Bangkok from Oct. 26, expanding its international connectivity from Bihar, the airline said Monday.The flights will operate on Mondays and Thursdays, with departures from Gaya at 1:15 p.m. and from Bangkok at 10:15 a.m. local time.
InterGlobe Aviation's (BOM:539448, NSE:INDIGO) IndiGo said it is facing intermittent issues with its core reservation platform, affecting some online services, according to a post on X on Wednesday.Several customers said they were unable to book flights or complete online check-in.IndiGo said its teams and technology partners are working to resolve the issue and advised customers needing immediate assistance to contact its call center.
InterGlobe Aviation (BOM:539448, NSE:INDIGO), parent of Indian airline IndiGo, received a penalty order from the Noida Goods and Services Tax authority.The authority imposed a penalty of 1.97 million rupees for alleged deficiencies in documents during the transportation of goods, according to a Tuesday filing to the Indian stock exchanges.The airline said the required documents were available and the order was erroneous. IndiGo plans to contest the order before the appropriate appellate authority.The company said the penalty will have no significant impact on its financials, operations, or other activities.
InterGlobe Aviation (NSE:INDIGO, BOM:539448) said William Walsh has assumed charge as chief executive officer, effective Aug. 3, according to a same-day filing on Indian bourses.The company had announced Walsh's appointment as CEO in March. He previously served as Director General of the International Air Transport Association (IATA).Shares of the Indian airline jumped 4% in recent trade.
InterGlobe Aviation (BOM:539448, NSE:INDIGO) said Indigo will temporarily suspend flights to and from London Heathrow from Oct. 25 until it begins taking delivery of its Airbus A350-900 aircraft, according to a Friday regulatory filing.The airline said it will also discontinue its wide-body operations from Oct. 25 and conclude its damp lease agreement with Norse Atlantic Airways on Oct. 31, citing a challenging operating environment driven by ongoing geopolitical tensions.Mumbai-Amsterdam flights will be operated using Airbus A321XLR aircraft from Oct. 25, the statement said.
InterGlobe Aviation (NSE:INDIGO, BOM:539448), the parent of IndiGo, said the Competition Commission of India has kept its antitrust investigation in abeyance after the airline filed a commitment application under the Competition Act.The CCI has invited comments, objections and suggestions from stakeholders on the proposal. The regulator has not taken a final decision on the matter, and the investigation remains open pending its review of the commitment proposal.The regulator had ordered a Director General investigation in February after IndiGo faced widespread flight disruptions in December 2025, with thousands of cancellations leading to passenger inconvenience and scrutiny of the airline's practices.IndiGo's proposed commitments include setting up a crisis management group to oversee passenger communication and recovery measures during major operational disruptions, along with other measures aimed at addressing the competition concerns raised by the regulator.
InterGlobe Aviation (NSE:INDIGO, BOM:539448) posted a consolidated attributable loss of 2.38 billion Indian rupees in the fiscal first quarter ended June 30, reversing a profit of 21.8 billion rupees a year ago.Loss per share came in at 6.15 rupees, compared with earnings per share of 56.24 rupees a year earlier, according to a Thursday filing to the Indian stock exchanges.The Indian airline attributed the loss to a combination of fuel price escalation, adverse foreign exchange movement, and the Middle East conflict.Revenue from operations in fiscal Q1, however, increased to 245.8 billion rupees from 205.0 billion rupees a year ago.
InterGlobe Aviation's (BOM:539448, NSE:INDIGO) IndiGo signed a memorandum of understanding with CFM International for an order of more than 1,000 LEAP-1A engines to power 510 Airbus A320neo family aircraft, according to a Monday exchange filing.The agreement also includes CFM's support in establishing IndiGo's engine maintenance, repair and overhaul (MRO) facility, as well as a long-term material services agreement covering spare parts and fleet support.
InterGlobe Aviation's (BOM:539448, NSE:INDIGO) IndiGo is unlikely to receive all nine Airbus A321XLR aircraft scheduled for delivery this year as Airbus falls behind on deliveries of the long-range jet, Bloomberg News reported Friday, citing people familiar with the matter.The airline was expected to receive the aircraft by year-end, but deliveries of some units have reportedly been pushed back by several months.Bloomberg reported that IndiGo has been told the conflict in the Middle East is disrupting Airbus' supply chain. The carrier is now negotiating with the planemaker for more favorable delivery slots, according to the report.IndiGo has received two A321XLR aircraft so far and is operating them on routes to Athens and Istanbul, the report added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
IndiGo, operated by InterGlobe Aviation (NSE:INDIGO, BOM:539448), will temporarily suspend flights to six prominent international destinations starting this July, according to a company statement on Thursday.India's largest commercial carrier will suspend flights to Langkawi, Krabi, Ho Chi Minh City, Hong Kong, and Shanghai effective July 1, 2026. Flights suspension to Siem Reap will follow, pausing on July 3, 2026. The suspension will remain in effect until Sept. 30.The airline said the move is aimed at aligning capacity with current demand and operating conditions amid elevated costs and ongoing airspace restrictions.Bookings for the affected routes will reopen from Oct. 1, the airline said, adding that it may restore services earlier if conditions improve.The announcement follows IndiGo's decision earlier this week to discontinue Manchester flights from Aug. 31 due to higher operating costs and airspace constraints.
Indian equities fell on Wednesday, as IT stocks lost steam, heightened tensions in the Middle East led to rising oil prices, and foreign institutional investor outflows weighed on sentiment.The BSE Sensex slipped 0.4%, or 303.67 points, to finish Wednesday's session at 74,346.17. Likewise, the NSE Nifty 50 tumbled 0.3%, or 77.95 points, to 23,405.60.Investor sentiment dampened as ongoing tensions between the U.S. and Iran led to an increase in oil prices, fueling energy-related pressures, according to a report by The Times of India.Additionally, many IT heavyweights, which had led Tuesday's rally, posted sharp declines.Among the top losers were Tata Consultancy Services (NSE:TCS, BOM:532540), Tech Mahindra (NSE:TECHM, BOM:532755), and HCL Technologies (NSE:HCLTECH, BOM:532281), which plunged over 8%, 6%, and 5%, respectively.Apollo Hospitals Enterprise (NSE:APOLLOHOSP, BOM:508869) led gainers for the day, posting a rise of nearly 3%. Tata Motors Passenger Vehicles (NSE:TMPV, BOM:500570) and InterGlobe Aviation (NSE:INDIGO, BOM:539448) were down around 2% each at the day's close.In corporate news, Bajel Projects (NSE:BAJEL, BOM:544042) bagged a mega engineering, procurement, and construction order for a GIS substation from a data center client in Mumbai. Shares closed 3% higher.Elsewhere, IndiGo, operated by InterGlobe Aviation, said it will discontinue flight operations to and from Manchester effective Aug. 31 amid prolonged airspace restrictions, longer flight times, and higher operating costs.
IndiGo, operated by InterGlobe Aviation (NSE:INDIGO, BOM:539448), said it will discontinue flight operations to and from Manchester effective Aug. 31, citing prolonged airspace restrictions, longer flight times, and higher operating costs, according to a filing with the Indian bourses.Shares of the company fell over 1% in Wednesday's trade.The airline attributed the move to industry-wide challenges, including geopolitical developments in the Middle East, higher aviation fuel costs, airspace constraints and foreign exchange volatility.Following the decision, the airline said it plans to return one of the six Boeing 787-9 Dreamliner aircraft leased from Norse Atlantic Airways.IndiGo said its remaining long-haul international services will continue as scheduled.
InterGlobe Aviation (NSE:INDIGO, BOM:539448) has an average rating of buy and mean price target of 5,290.57 Indian rupees, according to analysts polled by FactSet.
InterGlobe Aviation (NSE:INDIGO, BOM:539448) has an average rating of buy and mean price target of 5,290.57 Indian rupees, according to analysts polled by FactSet.
Major Indian airlines have asked state-run oil refiners to halt jet fuel price increases for domestic flights until the Middle East conflict eases, Bloomberg News reported Wednesday, citing people familiar with the matter.The proposal was floated by domestic airlines, including Air India, IndiGo (NSE:INDIGO, BOM:539448), and SpiceJet (BOM:500285), the report said.They reportedly warned the government that raising fuel prices could lead to flight suspensions and broader business disruptions.State-owned refiners, including Indian Oil Corporation (NSE:IOC, BOM:530965), Hindustan Petroleum Corporation (NSE:HINDPETRO, BOM:500104), and Bharat Petroleum Corporation (NSE:BPCL, BOM:500547) are currently considering the proposal, according to the report.India's Ministry of Petroleum and Natural Gas has joined the discussions and may intervene directly, as it did in Aprl and May, the report added.Aviation fuel in India is deregulated and is fixed by the country's main oil marketing companies, which revise the prices each month.However, in April, to lessen the impact of the surge in global oil prices, the Indian government capped the most recent jet fuel price hike to 25% and asked the oil companies to keep them constant in May, Bloomberg added.A decision on the airlines' proposal is expected before June 1, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
