The Delhi-based low-cost airline, IndiGo, reported a net profit of Rs 5.49 billion for the quarter ended December 31 last year, compared with Rs 24.48 billion during the same period last year. In a statement to the Bombay Stock Exchange,…
The Delhi-based low-cost airline, IndiGo, has been fined a record Rs 2.22 billion ($24.4 million) and warned six officers, including Pieter Elbers, the Chief Executive Officer. The airline has also been asked to deposit bank guarantees of Rs 0.5 billion,…
The Times of India, a leading English daily, reports Thursday that Adani Aerospace has signed a Memorandum of Understanding with Embraer. Neither group commented on the latest development. Details such as the investments proposed for the FAL, in which Indian…
Air India and Air India Express could have new Chief Executive Officers in the next 12 to 18 months, India’s leading economic daily, The Economic Times, reported on Monday. The Economic Times report adds that N Chandrasekaran, the Group Chairman…
Over 300 flights of the Delhi-based low-cost airline, IndiGo, with many being cancelled or delayed on Thursday as a result of India implementing new Flight Duty Time Limitation (FDTL) for pilots, weather conditions in the southern part of India, on-board…
Air India, the former state-owned Indian carrier now owned by the Indian conglomerate the Tatas, flew an Airbus A320 aircraft eight times on November 24 and 25 this year, even though it was not airworthy, the Economic Times, a leading…