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Saturday, January 22, 2022

Interglobe Aviation

INTERGLOBE AVIATION NEWS

Interglobe Aviation posts bigger quarterly loss as fuel expenses soar

October 28, 2021 6:42 pm

Interglobe's aircraft fuel expenses in the quarter soared 207.8%.to 19.89 billion rupees in the reported quarter, the company said.

InterGlobe Aviation to raise up to Rs 4,000 crore via share sale

August 11, 2020 12:45 am

The board of directors of InterGlobe Aviation Limited at its meeting on August 10, 2020 has considered and approved the raising of funds for an aggregate amount not exceeding Rs 4,000 crore through an issue of equity shares by way of a qualified institutions placement.

IndiGo employees to get full salaries as airline decides to rollback paycuts

April 23, 2020 4:06 pm

In an email sent to its employees, IndiGo has said that in deference to the government's wishes of not reducing pay during the lockdown, the management has decided not to cut the salary of the employees for the month of April.

Airline shares tumble as global travel restrictions hit investor sentiment

March 12, 2020 12:43 pm

Shares of IndiGo, SpiceJet and the defunct Jet Airways were deep in the red in the morning trade, with SpiceJet slumping over 18 per cent.

Crude oil related stocks in focus: RIL slips 8%, ONGC market cap dips below Rs 1 lakh crore

March 09, 2020 11:38 am

The shares of oil marketing companies were trading on a positive note during the morning trade with Hindustan Petroleum (HPCL) surging as much as 12.82 per cent to Rs 226.60, while Bharat Petroleum (BPCL) climbed 12.72 per cent to Rs 454.10 and Indian Oil (IOC) rose 4.41 per cent to Rs 105.25.

InterGlobe Aviation shares jump over 3 per cent post Q3 earnings

January 28, 2020 11:41 am

The parent of the country's largest airline IndiGo on Monday reported a steep rise in profit after tax at Rs 496 crore in the three months ended December 2019, mainly helped by higher income.

Higher income helps InterGlobe Aviation net soar to Rs 496 crore

January 28, 2020 4:22 am

The airline revised its capacity guidance for financial year 2021 downwards 20 per cent from 25 per cent earlier due to slowdown in aircraft addition.

InterGlobe Aviation Q3 profit soars to Rs 496 crore

January 27, 2020 5:00 pm

InterGlobe Aviation's total income climbed to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.

IndiGo posts Rs 1,062-crore loss on lease liabilities

October 25, 2019 1:04 am

The current losses were up 63 per cent year-on-year, compared to a Rs 651-crore loss in Q2FY19, when the airline was impacted by high fuel costs, rupee depreciation and intense competition leading to low fares.

SEBI seeks IndiGo response on fresh Gangwal letter

September 05, 2019 3:57 am

Sebi is already looking into alleged corporate governance lapses at InterGlobe Aviation after Gangwal, in July, wrote to the watchdog seeking its intervention to address certain issues.

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