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InterGlobe Aviation Ltd (INGL.NS)

INGL.NS on National Stock Exchange of India

1,142.00INR
4:56am GMT
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Rs6.45 (+0.57%)
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Rs1,135.55
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Latest Key Developments (Source: Significant Developments)

India's IndiGo expects to take 12-15 months to resolve Pratt & Whitney engine issues
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Interglobe Aviation Ltd ::Says has started receiving spare engines from Pratt & Whitney, no planes on ground.Says does not expect to receive same magnitude of credit from manufacturers going forward.Says expect it to take 12-15 months to resolve issues with Pratt & Whitney engines.Says booked a forex loss of 460 million rupees this quarter versus gain of 346 million rupees year ago.Says looking at owning ATR small planes outright, will take first delivery in December.  Full Article

India's InterGlobe Aviation Sept-qtr profit quadruples
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - InterGlobe Aviation Ltd ::Sept quarter profit 5.52 billion rupees versus profit of 1.40 billion rupees last year.Sept quarter revenue from operations 52.91 billion rupees versus 41.67 billion rupees last year.Says total debt as on Sept 30 was 25.37 billion rupees‍​‍​.Says FY 2018 y-o-y capacity increase in asks expected to be 19 percent.Q3‍​ fsical 2018 y-o-y capacity increase in asks expected to be 14 percent.  Full Article

Interglobe Aviation exec says seeing high rate of replacement of engines in its new Airbus A320NEO aircraft
Tuesday, 31 Jan 2017 

Interglobe Aviation Ltd : Exec says seeing high rate of replacement of engines in its new Airbus A320NEO aircraft . Exec says continue to face operational issues with engines in its new Airbus A320NEO aircraft . Exec says expects yields, a measure of fares it earns, to decline by 10 percent in January . Exec says will begin flights within 90 days to Sharjah, Doha and Dhaka and Indian cities of Amritsar, Madurai and Mangalore . Exec says in the process of refining 2018 plan, expect target to be higher than previous guidance of 154 aircraft . Exec says there will be a small increase in lease rentals for new aircraft added to the fleet . Exec says seeing fuel burn savings of about 15 percent from new Airbus A320NEO aircraft Further company coverage: [INGL.NS] (Reporting By Aditi Shah) ((swati.bhat@thomsonreuters.com;)).  Full Article

InterGlobe Aviation sees Q2 y/y capacity increase in ASKs of about 25 pct
Monday, 1 Aug 2016 

InterGlobe Aviation Ltd : A320neo operations continue to be a challenge and co is looking at slowing down the A320neo deliveries . Total debt reduced to INR 27.86 billion as on 30 June 2016, due to retirement of debt on three aircrafts on finance lease . Q2 FY 2017 y-o-y capacity increase in ASKs expected to be about 25 percent .  Full Article

InterGlobe Aviation June-qtr profit down about 7 pct
Monday, 1 Aug 2016 

InterGlobe Aviation Ltd : June-quarter net profit 5.92 billion rupees . June-quarter revenue 45.79 billion rupees . The alerts were first sourced from TV and were later confirmed with a company press release on the BSE .  Full Article

Interglobe Aviation appoints Rohit Philip as CFO
Wednesday, 18 May 2016 

InterGlobe Aviation Ltd : Pankaj Madan, chief financial officer and key managerial personnel (kmp) of Interglobe Aviation resigned from the company . Appointment of Rohit Philip as the chief financial officer .  Full Article

Indian shares fall; ITC, Vedanta drag

Nov 15 Indian shares fell on Wednesday tracking weaker Asian markets, with consumer stocks such as ITC Ltd and metals shares such as Vedanta Ltd weighing on the broader NSE index.