IndiGo Q2 results: Airline posts Rs 2,582 crore loss on forex hit; revenue up 9% YoY as cost pressures rise
IndiGo reported a significant Rs 2,582 crore net loss for the September quarter, a sharp reversal from its previous profit. Despite revenue growth and increased ...
Spirit Airlines layoffs in motion: US airline operator to furlough 365 pilots; move to cut $100 million in pilot costs
Spirit Airlines is furloughing 365 pilots and downgrading 170 more in early 2026 as part of a restructuring plan. The airline aims to cut $100 ...
Aviation deal: Korea Air seals record $50 billion deal; Boeing and GE secure mega orders
Korean Air has announced a record-breaking $50 billion order for 103 Boeing aircraft and GE Aerospace engines, coinciding with South Korean President Lee Jae Myung’s ...
Aviation market: India is ‘interesting’ and key to growth, says Malaysia Airlines; aims to be core service link without domestic JV
Malaysia Airlines views India as a key market, generating significant revenue and passenger volume. The airline aims to be a core service provider connecting India ...
DGCA audit of 8 airlines finds 263 lapses in 1 year
Turbulence Ahead? Why Airline Safety Audits Matter More Than Ever Flying. For many, it’s a routine part of modern life, a quick hop between cities ...
Defence stocks surge, airline scrips slump
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
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
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
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
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 ...
