India’s domestic air traffic grew 6.12% in 2024, with IndiGo leading and the Air India Group expanding its fleet to 400 planes.
IndiGo Q3 net profit is expected to see a sharp YoY fall due to costs associated with Aircraft on Ground (AoG) which have led to higher aircraft lease rentals, depreciation, and financing expenses.
IndiGo’s net profit is expected to fall 34% to ₹1,974 crore in Q3FY25 from ₹2,998.1 crore YoY. The company posted a net loss of ₹986.7 crore in the previous quarter.
The issue arose when his flight was rescheduled to depart 15 minutes earlier, with a notification sent just 2.5 hours prior.
The stock markets today will eye Q3 results of 81 domestic companies, Flash manufacturing PMI, IPOs, FII selling, and Budget ...
More than 60 flights were delayed, several cancelled and a dozen diverted as operations were suspended from 5am till 9.30am, ...
T3 currently has an annual capacity of 6.5 crore passengers. It handles 2 crore international and 4.5 crore domestic flyers ...
A podcaster accused IndiGo of attempting to bribe him after his viral complaint about a last-minute flight change.
IndiGo's dominance in the Indian aviation market continues to strengthen, capturing a commanding 64.4% market share in ...
Highlights: Ashish Chhawchharia from Grant Thornton Bharat highlighted that the Indian aviation industry is focusing on ...
Singapore Tourism Board has initiated a year-long event for Indian travel enthusiasts as the two countries celebrate 60 years of diplomatic relations. “This year, we warmly invite our friends in India ...