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IndiGo shares take off after airline denies interest in Virgin Australia

However, IndiGo denied those reports. “We deny the contents of these reports and would like to c…

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3 mins read

Modi appeals people to not cut the pay of domestic help and others who can’t come to work

As many middle class people are working from and not worried about salaries, the country also has a…

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As expected, IndiGo reports a net loss of ₹1,750 crore after domestic air passenger dips and costs continue to pile up

The company’s total revenue was up 5.3% YoY to ₹8,299 crore compared to ₹7,883 in the same perio…

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3 mins read

IndiGo may clock heavy losses in Q4 after a 33% drop in India’s domestic air passenger traffic in March

Interglobe Aviation, the operator India’s largest airline IndiGo is set to announce its fourth-quar…

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IndiGo plans to expand cargo operations to China, Malaysia

Even as it awaits Centre's clear indication on the commencement date of passenger services, airline…

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Coronavirus: IndiGo says no deduction in salaries, leaves of employees

Later in a statement, he also said that the airline would not be charging any fee for cancelling ti…

PTI   


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IndiGo expects domestic passenger traffic to rebound within 5 months

Accordingly, the airline's Chief Commercial Officer, William Boulter is encouraged by the fact t…

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IndiGo to lay off over 2000 employees, CEO says it is impossible for the company to fly without some sacrifices

“From where things stand currently, it is impossible for our company to fly through this econo…

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3 mins read

Jet fuel now costs less than a third of diesel price in India

Aviation turbine fuel (ATF) price has been cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to R…

PTI   


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Domestic air passenger traffic down 66% in September — IndiGo holds the largest market share: DGCA

While IndiGo carried 22.66 lakh passengers in September, a 57.5 per cent share of the total dom…

PTI   


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1 min read

Around 5,500 GoAir employees to go on leave without pay on a rotational basis till May 3

Mumbai, Apr 19 () Majority of 5,500-odd employees of GoAir will now be on "leave without pay" (LWP)…

PTI   


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SpiceJet to cut up to 30 pc salary of employees in March

"Unfortunately SpiceJet is not too immune to the situation which has unquestionably affected the ai…

PTI   


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Indian Railways had the best response to budget airlines in India charging for online check-ins

On Monday, the Indian Railways tweeted, “No need to pay extra charges for web check-ins. No …

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Jet Airways has a plan to stave off a potential bankruptcy

Jet Airways hasn’t had an easy go of it as of late. Following a brief spell of profitability a few …

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1 min read

SpiceJet to cut 10-30 pc salary of all employees in March

"SpiceJet management has decided to implement a pay cut between 10-30 per cent in March across our …

PTI   


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2 mins read

GVK Group announces salary cuts up to 30% from May amid coronavirus pandemic

In the last over two months, numerous companies from across sectors have resorted to layoffs, s…

PTI   


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1 min read

AIESL to send re-employed staff on 'leave without pay" till Mar 31

"The AIESL management has also decided not the renew the contracts of these employees who have bee…

PTI   


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2 mins read

COVID-19 effect: SpiceJet to pay part salaries to over 92 pc employees in April

Government-run Air India has cut the salaries of its employees by 10 per cent, GoAir has sent the m…

PTI   


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4 mins read

6 reasons why IndiGo IPO is the best investment you will make

Profitable operations with good cash flows and fast growth amid rising fuel prices, depreciating ru…