IndiGo reports fourth straight quarterly loss at Rs 620.14 crore

New Delhi, Jan. 28 -- InterGlobe Aviation Ltd, India's largest domestic airline, on Thursday reported a fourth straight quarterly loss as travel demand remained muted compared to the year-ago period d... Read More

IndiGo reports fourth straight quarterly loss at Rs 620.14 cr

New Delhi, Jan. 28 -- InterGlobe Aviation Ltd, which runs India's biggest domestic airline IndiGo, plunged into a fourth straight quarterly net loss as the pandemic crimped demand for air travel. Los... Read More

India extends ban on international flights till 28 February

New Delhi, Jan. 28 -- The Indian government has extended the ban on international commercial flights till 28 February, the Directorate General of Civil Aviation (DGCA) said in a circular on Thursday. ... Read More

Budget carrier IndiGo likely to emerge stronger from pandemic

New Delhi, Jan. 28 -- InterGlobe Aviation Ltd-operated IndiGo is set to emerge from the pandemic stronger, with a greater domestic market share, higher cargo and charter revenues, and a slew of new ro... Read More

Boeing says 737Max's return to Indian skies will be decided by DGCA

New Delhi, Jan. 28 -- The timeline for the return of Boeing 737Max airplane, which had been grounded in India since March 2019, will be solely decided by the Indian aviation regulator Directorate Gene... Read More

GHIL enters into agreement to raise $300 million bond issue

New Delhi, Jan. 27 -- GMR Group-operated Hyderabad International Airport Limited (GHIAL) on Wednesday said that it has entered into an agreement to raise $300 million from international bond market, p... Read More

Smaller cities, towns fuel rise in air traffic

New Delhi, Jan. 26 -- Smaller towns and cities, and not metros, are leading the recovery in India's air passenger traffic, which plunged to record lows after the coronavirus outbreak early last year. ... Read More

Air India looks to raise Rs 225 crore to refinance its debt

New Delhi, Jan. 25 -- National carrier Air India Ltd plans to raise up to Rs.225 crore through a short-term loan (STL) from domestic lenders by 31 January to refinance an earlier loan, the airline sai... Read More

GMR's Hyderabad International Airport eyes $300 mn bond sale to fund capex

New Delhi, Jan. 22 -- Rating agency Moody's Investors Service on Friday assigned Ba2 rating to GMR Group-operated Hyderabad International Airport Limited's (HIAL) $300 million proposed bond issue, whi... Read More

Airlines expect steady stream of vaccine cargo revenue after March-April

New Delhi, Jan. 22 -- The aviation industry, which will play a key role in transporting billions of doses of covid-19 vaccine aboard hundreds of flights in the months ahead, expects vaccine cargo load... Read More