IndiGo said it plans to have 30-40 percent of its total fleet under ownership by FY30, with the remaining aircraft on operating leases. In a presentation at Analysts Day earlier this month, it said that in fiscal 2026, the ownership…
The Indian government has approved a one-time budgetary support of up to Rs 100 billion for oil marketing companies (OMCs) to provide Aviation Turbine Fuel (ATF) price stabilization support to scheduled Indian airlines for their domestic and international operations .…
Delhi-based low-cost airline IndiGo has reported a net loss of Rs 23.96 billion for the year ending March as compared to a profit of Rs 72.58 billion previously, the airline reported on Friday. The airline said that the “exceptionally sharp…
The next Chief Executive Officer of the Delhi-based low-cost airline IndiGo will be Willie Walsh, the current Director General (DG) of the International Air Transport Association (IATA). He is replacing Pieter Elbers . Walsh’s name was cleared by the IndiGo…
Pieter Elbers , the Chief Executive Officer of IndiGo, the Delhi-based low-cost airline, has resigned with immediate effect, it announced on Tuesday evening Indian time. Elbers was the CEO of Dutch airline KLM before joining the Indian carrier. The airline…
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