Tuesday , 29 September 2020

Daily Archives: August 10, 2020

IndiGo plans to raise Rs 4000 crore by QIP to combat pandemic induced losses

Indigo Airbus A320neo VT-ITK. Image copyright Vedant Agarwal.

The Board of Directors of Interglobe Aviation Limited, the company that operates IndiGo, has approved raising additional equity of up to Rs 4000 crore by way of a Qualified Institutional Placement (QIP) as the airline strengthens its war chest to tide over the downturn in aviation caused by the COVID-19 pandemic. Read: Indigo’s Q1FY21 results analysis: Highlighting the depth of …

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Lufthansa will resume Germany to India passenger flights from 13 August

Lufthansa Boeing 747-8i D-ABYI 'Fanhansa Livery'.

German flag carrier Lufthansa will resume inbound passenger operations to India from 13 August 2020. The routes being reinstated are: Frankfurt to Delhi (Airbus A340-300) Munich to Delhi (Airbus A350-900) Frankfurt to Bangalore (Airbus A330-300) Frankfurt to Mumbai (Airbus A330-300) The airline has already been operating outbound flights from the three cities to Frankfurt and Munich. As per the latest …

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Vistara commencing flights to London Heathrow next week

Vistara's first 787-9 lands at New Delhi airport. Photo by Yash Kumar (TeamAviationIndia).

Social media chatter indicates the Tata – Singapore Airlines joint venture Vistara will commence its maiden long-distance international flights this Independence Day with flights between New Delhi IGI and London Heathrow. The flight will be operated by Vistara’s sole Boeing 787-9 Dreamliner (click the link for cabin images), though the airline is expected to receive its second 787 in about …

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