Tag Archives: IndiGo

Indigo second quarter FY2018-19 results analysis

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

Indigo, reported its second quarter results of the fiscal year 2018-2019 (Q2FY19) this Wednesday. The result was a net loss of 652.1 crores and highlighted the challenges facing Indian aviation. Incidentally, this is the first time since its listing in the public markets Indigo reported a loss of 652.1 crores and it is fair to say that all airlines will …

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Indigo to begin Bangalore – Hong Kong flights

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

Low cost carrier IndiGo has announced that it will begin flights from Bangalore to Hong Kong from 11 December 2018. Hong Kong will be the 15th international destination for the carrier. Time table for Indigo’s Bangalore – Hong Kong flights Flight No. Origin Destination Departure Arrival Effective Date Frequency 6E 1771 Bengaluru Hong Kong 04:45 12:45 11-Dec-18 Tuesdays 6E 1772 …

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Indigo first quarter FY2018-19 results analysis. Industry losses ahead?

IndiGo ATR72-600 VT-IYA. Photo by Vedant Agarwal. Copyright. Do not re-use.

India’s largest domestic carrier, Indigo, has sent tremors in the aviation community with its first quarter results for the fiscal year 2018-2019 which ends Match 31, 2019. An airline, normally delivering nine and 10 figure profits (in the hundreds of crores or billions), reported a minuscule ₹27 crores (₹270 million) as its profit after tax; and this, for a traditionally …

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How the Indian airline industry is attacking AirAsia India

First flight of AirAsia India. Plane at the gate.

Over the last year, the media has covered the various challenges AirAsia India is facing. Ranging from executive level departures late in 2017 onwards, to filing a First Information Report (FIR i.e. a criminal complaint) against former officers of the airline, to CBI (Central Bureau of Investigations) investigations of its director. In this analysis, we explore how the hyper-competitive Indian …

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IndiGo to connect Surat with five Indian cities in massive introduction

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

India’s largest domestic airline, IndiGo, is making a massive entrance in to the Gujarati city of Surat connecting it to five major Indian cities. From August 16th onwards, the airline will begin flights between Surat and Bangalore, Hyderabad, Jaipur, Mumbai, and New Delhi. At the same time, the airline is launching flight on three new routes; Jaipur Varanasi, Jaipur Guwahati, …

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IndiGo re-imposes fuel surcharge on domestic flights

Indigo Airbus A320neo VT-ITC. Copyrighted image. Re-use prohibited.

Marking an increase in airfares thanks to rising global oil prices, India’s largest domestic airline IndiGo has re-imposed a fuel surcharge on all domestic flights from today. The Indian Rupee has also been under pressure and has been steadily declining against the Dollar. With the airline claiming a 25% increase in Aviation Turbine Fuel (ATF) prices, IndiGo will impose a …

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Indigo announces 20 flights from Bangalore, Chandigarh and more

IndiGo ATR72-600 VT-IYA. Photo by Vedant Agarwal. Copyright. Do not re-use.

Low cost carrier IndiGo, has announced the launch of 20 new flights. The carrier will add a scound daily flight from Bangalore to Varanasi and Chandigardh and a third daily from Bangalore to Ranchi and Indore. It will also add flights to Tiruchirappalli from Bangalore and Cochin. The airline is also adding direct flights from Kolkata to Chandigarh and Indore. …

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The CEO churn in Indian aviation and why it continues

The nightly aircraft line-up tail parade at the apron of Kempegowda International Airport Bangalore

Even during a lull, the Indian civil aviation market never ceases to keep one on their toes. The recent weeks have seen three Chief Executives of Indian carriers in the news. First, Aditya Ghosh of IndiGo put in his papers after steering the ship for over ten years, apparently under pressure from the promoters. Amar Abrol of AirAsia India is …

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IndiGo to begin flights to Hubli

IndiGo Airlines ATR 72-600 VT-IYA.

Low cost carrier IndiGo will being operating flights to Hubli. Hubli will be the 52nd destination for the airline. The airline will operate flights to Hubli from Chennai, Bengaluru and Ahmedabad with it’s A320’s and from Goa and Kochi with it’s ATR 72’s. (Read our review of Indigo’s ATR). Sanjay Kumar, Chief Commercial Officer, IndiGo “We are pleased to add …

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Analysis: Indigo’s fourth quarter FY18 results

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

Indigo’s fourth quarter results were far below expectations, reflecting the intensely competitive market and irrational market and also Indigo’s challenges as it continues its growth path. The results were announced along with the full year results, however we present an analysis only of the fourth quarter as it is reflective of certain trends in the market (a full year analysis …

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Aditya Ghosh resigns from Indigo

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

Low cost carrier Indigo has announced that Aditya Ghosh is resigning from his post as president and director of the company. Rahul Bhatia has been appointed as the company’s CEO. Indigo has also appointed Gregory Taylor as a senior advisor to the company and will be considered by Interglobe Aviation’s board as the company’s next President and CEO. Gregory Taylor …

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Why are suitors backing out of Air India bidding?

The Air India ramp at Mumbai CSMI Airport. Photo by and copyright Devesh Agarwal.

Two weeks ago, the Government of India released its preliminary information memorandum (PIM) inviting expressions of interest on their strategic divestment of national carrier Air India. The last week has seen, three of the most likely suitors indicating their lack of interest in bidding for the beleaguered airline. Download a copy of the PIM at the end of the article …

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Indigo and Spicejet move to Delhi T2 on 25 March

Jet Airways A330 fleet at New Delhi IGI airport Terminal 2

Low cost carriers Indigo and Spicejet have announced that they will move certain flights to Delhi airport’s terminal 2 on 25 March 2018. For those unfamiliar with the history, in mid 2017 Delhi airport announced plans to expand terminal 1. To facilitate this expansion the airport needed some of the terminal’s existing traffic to move to terminal 2. The airport …

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DGCA directive grounds several IndiGo and Go Air A320neos

First Airbus A320neo with Pratt & Whitney PurePower PW1127G-JM Geared Turbo-Fan (GTF) engine. Photo courtesy Airbus.

The Indian civil aviation regulator, Directorate General of Civil Aviation (DGCA), has issued a directive which effectively grounds several Airbus A320neo aircraft of IndiGo and Go Airlines. The directive is the latest development resulting from last month’s emergency airworthiness directive (EAD) issued by the European Aviation Safety Agency (EASA) which affects the Airbus A320neo and A321neo powered by the Pratt …

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Analysis: Why is Indigo choosing the A330neo?

Airbus A330-900neo MSN 1813 on its first flight. Airbus image.

News reports indicate India’s largest domestic airline, Indigo, is in talks with European airframer Airbus, to procure upto 50 A330neo (new engine option) long-haul wide-body aircraft. These aircraft is for Indigo’s much awaited foray into international flying where they are hoping to introduce the low-cost long-haul model. This represents another step in the airline’s strategy towards expanding the airline and …

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Indigo introduces seven new ATR flights

IndiGo Airlines ATR 72-600 VT-IYA.

Low cost carrier Indigo is launching seven new flights with it’s ATR 72 fleet. The airline will begin operates flights to Mangalore and Nagpur from Hyderabad and to Mangalore from Chennai. Read our review of Indigo’s ATR 72-600. Wolfgang Prock-Schauer, spokesperson, Indigo “At IndiGo, we are continuously striving to expand deeper into the heartland with our new ATR fleet operations. …

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Impact of the new Pratt & Whitney GTF engine issues on IndiGo and Go Air

First Airbus A320neo with Pratt & Whitney PurePower PW1127G-JM Geared Turbo-Fan (GTF) engine. Photo courtesy Airbus.

The recent emergency airworthiness directive (EAD) covering the Pratt & Whitney PW1100G-JM geared turbo-fan (GTF) engine caught the industry by surprise. Aircraft maker Airbus followed the European Aviation Safety Agency (EASA) issued EAD, announcing a suspension of deliveries of A320neo and A321neo powered by the GTF engine. The airframer has also suspended taking delivery of new engines, and engine fitment …

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Analysis: Indigo third quarter FY2018 results. A leader in every way.

IndiGo ATR72-600 VT-IYA. Photo by Vedant Agarwal. Copyright. Do not re-use.

India’s largest domestic carrier, IndiGo, reported its third quarter results of the fiscal year 2017-2018 (Q3FY18) last week. The third quarter is the strongest of the fiscal year, and it was a yet another strong result coming on the back of a previously strong quarter. IndiGo Q3FY18 results snapshot with percentage comparisons to Q3FY17 • Revenues ₹6,449 crores (₹64.49 billion) …

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To attract buyers Government allows 49% foreign investment in Air India

The Air India ramp at Mumbai CSMI Airport. Photo by and copyright Devesh Agarwal.

In a bid to attract more bids, the Union Cabinet of the Government of India, has allowed up to 49% Foreign Direct Investment in the national carrier Air India which is up for disinvestment. In a release the Government said “It has now been decided to do away with this restriction and allow foreign airlines to invest up to 49% …

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IndiGo, AirAsia India, Spicejet top on-time for 2018. Chennai airport tops.

The ramp at Rajiv Gandhi airport, Hyderabad. Photo by Devesh Agarwal. Used with permission. Do not re-use.

Three of India’s low-cost carriers, IndiGo, AirAsia India, and Spicejet feature in the OAG’s Punctuality League 2018 as India’s most punctual airlines. Chennai, Hyderabad, and New Delhi airports also feature in the annual report of airlines and airports with the best on-time performance (OTP) in the world. The best of the best As per the Punctuality League 2018, the most …

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