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7 stories mentioning NSE:INDIGO

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Asia

Market Chatter: IndiGo Faces Delays to Airbus A321XLR Deliveries

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.)

BOM:539448NSE:INDIGO
Asia

IndiGo to Pause Six International Routes Amid Cost, Airspace Curbs

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.

BOM:539448NSE:INDIGO
Asia

Indian Equities Slip Wednesday as IT Stocks Tumble, Oil Prices Rise

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.

^BSENifty 50BOM:500570BOM:508869BOM:532281BOM:532540BOM:532755BOM:539448BOM:544042NSE:APOLLOHOSPNSE:BAJELNSE:HCLTECHNSE:INDIGONSE:TCSNSE:TECHMNSE:TMPV
Asia

IndiGo to Suspend Manchester Flights on Airspace Constraints, Rising 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.

BOM:539448NSE:INDIGO
Asia

Jefferies Adjusts InterGlobe Aviation's Price Target to INR5,380 From INR5,500, Keeps at Buy

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.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:539448NSE:INDIGO
Asia

Jefferies Adjusts InterGlobe Aviation's Price Target to INR5,380 From INR5,500, Keeps at Buy

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.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:539448NSE:INDIGO
International

Market Chatter: Indian Airlines Seek Delay in Aviation Fuel Price Hike

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.)

^BSENifty 50BOM:500104BOM:500285BOM:500547BOM:530965BOM:539448NSE:BPCLNSE:HINDPETRONSE:INDIGONSE:IOC
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