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YOU WONT BELIEVE: 4 - You Need To See This

India weighs letting airport owners Adani, GMR run own airlines to curb duopoly

India is discussing a policy shift to permit airport operators to own airlines. This change could allow Adani Group and GMR Airports to establish their own carriers. Current rules restrict airport operators' airline ownership stakes significantly. The move aims to increase competition against dominant carriers like IndiGo and Air India.

The Economic Times

Domestic air traffic falls 12% to 1.35 crore in June on monthly basis

Domestic air traffic saw a nearly twelve percent decline in June. IndiGo's market share increased to sixty-six point three percent from May. Air India Group and SpiceJet experienced market share decreases during this period. Akasa Air's market share rose to six point four percent in June. Airlines compensated passengers for…

The Economic Times

IndiGo shares in focus on MoU with CFM International for over 1,000 LEAP engines

IndiGo has signed a significant MoU with CFM International for over 1,000 LEAP-1A engines. This agreement marks the largest single order ever placed for LEAP engines. CFM International will also support IndiGo's new engine maintenance facility. The airline's partnership with CFM International continues its growth phase. This deal strengthens IndiGo's…

The Economic Times

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IndiGo to place order for over 1,000 aircraft engines with CFM International

IndiGo has signed an agreement with CFM International to order more than 1,000 LEAP-1A engines for its 510 Airbus A320neo family aircraft, marking the largest-ever single order for LEAP engines. The deal was announced at the Farnborough International Airshow, though financial details were not disclosed.

The Economic Times

IndiGo selects Honeywell Aerospace's avionics, power systems for 810 A320 neo family planes

IndiGo has selected Honeywell Aerospace's avionics and power systems for 810 Airbus A320neo family aircraft scheduled for delivery in the coming years. Honeywell said the agreement is the largest new-aircraft selectable equipment contract in its history and will cover auxiliary power units, weather radar, collision avoidance systems, flight management systems,…

The Economic Times

Abu Dhabi's Zayed International airport to have direct flights to 22 Indian cities

Abu Dhabi Airport will increase direct flights to twenty-two Indian cities in August. This expansion reflects India's strong tourism market and growing passenger numbers. Air India Express has recently launched new services from Navi Mumbai and Indore. IndiGo and Akasa Air also operate flights connecting the two nations. The airport…

The Economic Times

Noida Airport turns one month old, is it still flying half-empty?

Noida International Airport completes one month with mixed operational results. Flight counts have nearly tripled, and passenger footfall is climbing steadily. However, airlines are retreating from unprofitable routes due to connectivity issues. Connectivity improvements are planned, and the airport faces competition from a less saturated IGIA. The airport's initial struggles…

The Economic Times

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Kate Middleton's gorgeous gingham dress is a summer frock option that'll have you looking picnic-ready at all times

Gingham couldn't be more perfect for this time of year and the Princess put a 'grown-up' spin on it at the polo

Woman & Home

Stocks in news: DMart, HCL Tech, ICICI Pru AMC, Dr Reddy’s, NTPC, IndiGo

Markets saw a strong rebound on Friday, driven by global cues and IT earnings. HCL Tech and ICICI Pru AMC will announce their first quarter results today. DMart reported an 11.3% rise in net profit, while Tata Motors launched a new edition. Dr Reddy's faces supply issues, and IndiGo received…

The Economic Times

IndiGo gets DGCA warning over cargo spillage, dangerous goods rule violations

IndiGo's parent company received a DGCA warning letter for procedural deviations. This followed an audit after a cargo spillage incident occurred in January. The airline must now submit an action taken report to the aviation regulator. No penalties or sanctions were imposed by the DGCA on the airline. The company…

The Economic Times

Delhi, Noida, Gurugram rain: Air India, IndiGo issue travel advisory as heavy showers disrupt flight operations

Heavy rains lashed Delhi, Noida, and Gurugram, bringing relief from humidity. Waterlogging affected traffic movement and caused flight delays across the region. The India Meteorological Department issued an Orange Alert for Delhi and surrounding areas. Monsoon showers also intensified across North India, impacting other cities. Residents experienced much-needed relief from…

The Economic Times

Airtel to Trent: 44 cos likely to report double-digit profit slump in Q1. Are your stocks on the list?

Motilal Oswal expects 44 companies, including Bharti Airtel, Trent, IndiGo, HAL, GAIL and Cipla, to report double-digit year-on-year profit declines in the June quarter. Higher energy costs, weaker demand, geopolitical tensions and margin pressure are expected to weigh on earnings, even as overall corporate profit growth slows in Q1.

The Economic Times

IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude prices

Oil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were reinstated. These events reignited concerns over Middle East stability and potential supply disruptions. Shipping through the Strait of Hormuz remains vulnerable, impacting global energy supply routes. Analysts expect oil inventories…

The Economic Times

Indian airlines flew 1.53 crore domestic passengers in May: DGCA data

In May, Indian airlines welcomed more than 1.53 crore domestic travelers, marking an impressive growth of over eleven percent from April. IndiGo continued to dominate the market share, while Air India Group also saw a rise. IndiGo's on-time performance outshone its competitors, including Akasa Air and Air India, although numerous…

The Economic Times

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The Economic Times

Mumbai flight and train status today: IndiGo issues travel advisory, several trains cancelled or rescheduled due to waterlogged tracks

Heavy Mumbai rains have disrupted flight and train services across the city. Schools and colleges in Mumbai will remain closed on Tuesday as a precaution. IndiGo advised passengers to check flight statuses due to ongoing weather impacts. Several trains were cancelled and others diverted due to waterlogged tracks and landslides.…

The Economic Times

Mumbai flight status today: IndiGo, Air India, Akasa Air, SpiceJet issue travel advisories as heavy rain disrupts operations; flights diverted

Mumbai's flight operations are facing significant disruptions due to heavy rainfall and poor visibility. Major airlines like IndiGo, Akasa Air, SpiceJet, and Air India have issued travel advisories, urging passengers to check their flight status. Several flights were diverted over the weekend, and the impact is expected to persist as…

The Economic Times

Sensex jumps over 300 points, Nifty above 24,300 to extend gains for the 4th day on monsoon revival and FII buying

Indian stock markets surged on Monday, with Sensex and Nifty extending gains for a fourth straight session. Heavy rainfall revived monsoon hopes, while foreign investors turned net buyers, boosting investor confidence. Infosys led the gains, though some stocks like IndiGo saw declines. The market anticipates Q1 results, with financials and…

The Economic Times

Mumbai Rain Situation Today: Latest status on Pune Expressway, trains, flights and buses. What's open, what's closed

Mumbai Rains News Today: Mumbai and its surrounding regions are grappling with severe monsoon disruptions. Torrential rains have triggered landslides, leading to the closure of the Mumbai-Pune Expressway and suspension of rail services on the ghat section. Air travel is also affected by delays and cancellations. Schools and colleges in…

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The Economic Times

Stocks in news: Kotak Mahindra Bank, Tata Motors, HDFC Bank, IndiGo, Coal India

Indian markets experienced a volatile yet narrow trading range, concluding marginally lower as consolidation persists. Analysts await a decisive breakout above 24,200. Key stocks like Tata Motors, HDFC Bank, IndiGo, Coal India, and Kotak Mahindra Bank are in focus due to significant developments including new product launches, executive appointments, and…

The Economic Times

IndiGo's Chief Human Resources Officer Pasricha resigns

IndiGo's Chief Human Resources Officer, Sukhjit Singh Pasricha, has resigned after an eight-year tenure, with Kanwal Jeet Singh Bakshi set to take over from July 20. This marks another significant senior departure from the airline, following recent exits of its CEO and Head of Global Sales. Pasricha cited discussions about…

The Economic Times

DGCA conducts first satellite-based landing system approach on jet aircraft in India using GAGAN

India has achieved a major aviation milestone with its first-ever satellite-based landing system approach on a jet aircraft. An IndiGo Airbus A320 successfully used the GAGAN system for a precision landing in Udaipur, marking a leap from previous turboprop-only operations. This advancement, developed by ISRO and AAI, enhances navigation accuracy…

The Economic Times

F&O Talk: Nifty to remain rangebound, says Sudeep Shah; picks 8 stocks for next week

Indian stock markets concluded the week with modest gains, as Sensex and Nifty erased earlier surges on monthly expiry day. Analysts observe Nifty's consolidation, with key support at 23,750-23,800 and resistance at 24,250-24,300. Bank Nifty shows outperformance, eyeing 58,800 for further upside. Derivatives data suggests improving sentiment, with FIIs reducing…

The Economic Times

Noida airport to triple flights from July; IndiGo to lead major expansion

Noida International Airport is set to significantly boost its flight operations from July 1, increasing from 12 to around 45 daily services connecting 16-17 destinations. Following an initial period to iron out system glitches, the airport is expanding its network to include major cities like Mumbai and Srinagar. While facing…

The Economic Times

DGCA says probing Air India, IndiGo planes incident at Ahmedabad airport

An investigation is underway by aviation authorities following a mishap at Ahmedabad airport involving an Air India aircraft that mistakenly entered the same taxiway as an IndiGo flight. The Air India plane, arriving from Mumbai, made a wrong turn while taxiing, causing both planes to pause on taxiway 'P'.

The Economic Times

Sensex closes 109 points higher, Nifty above 24,050; IndiGo, M&M among top gainers

Indian stock markets closed with modest gains on Sensex monthly expiry day, as both indices erased significant intraday advances. Sensex added 109 points to 77,100.47, and Nifty 50 climbed 34 points to 24,056. Strong performances from IndiGo, M&M, and Maruti Suzuki bolstered the gains, while Power Grid shares saw notable…

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