airline industry

Defence stocks surge, airline scrips slump

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Up, Up and Away…For Some, Crash Landing for Others: The Markets React to a World on Edge Okay, let’s be honest, the world feels a ...

IndiGo doubles wide-body aircraft order

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IndiGo has solidified its commitment to expanding its long-haul operations by confirming an order for 30 additional Airbus A350 wide-body aircraft. This doubles their initial ...

Leadership change at IndiGo airlines: Vikram Singh Mehta named new chairman

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IndiGo, India’s leading airline, has appointed Vikram Singh Mehta as its new Chairman, succeeding Venkataramani Sumantran, who completed his five-year term. Mehta, a board member ...

IndiGo faces over Rs 2.76 crore in customs fines, airline to contest orders

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IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were ...

Rakesh Gangwal, family trust offload 5.72% stake in IndiGo worth Rs 11,564 crore

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Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market ...

Rakesh Gangwal, family trust likely to offload 3.4% stake in IndiGo for Rs 6,831 crore amid ongoing divestment

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IndiGo co-founder Rakesh Gangwal and his family trust plan to sell up to 3.4% of their stake in the airline for approximately Rs 6,831 crore. ...