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Interglobe Aviation Ltd (INGL.NS)

INGL.NS on National Stock Exchange of India

1,621.75INR
24 May 2019
Change (% chg)

Rs77.85 (+5.04%)
Prev Close
Rs1,543.90
Open
Rs1,570.95
Day's High
Rs1,630.90
Day's Low
Rs1,566.65
Volume
3,191,660
Avg. Vol
1,909,144
52-wk High
Rs1,650.00
52-wk Low
Rs691.00

Latest Key Developments (Source: Significant Developments)

Interglobe Aviation's IndiGo Says In Process Of Securing Necessary Approvals To Operate Into China
Wednesday, 15 May 2019 

May 15 (Reuters) - Interglobe Aviation Ltd's IndiGo ::"WE ARE IN THE PROCESS OF SECURING THE NECESSARY APPROVALS TO OPERATE INTO CHINA".WITH EXISTING FLEET AND NEW A321NEO AIRCRAFT, CO WILL HAVE CAPABILITY TO REACH CITIES IN CHINA, MIDDLE EAST, SOUTH EAST ASIA.  Full Article

Interglobe Aviation Approves Appointment Of Ronojoy Dutta As CEO
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Interglobe Aviation Ltd ::SAYS APPROVED APPOINTMENT OF RONOJOY DUTTA, AS CHIEF EXECUTIVE OFFICER.SAYS APPROVED APPOINTMENT OF DUTTA AS CEO FOR 5 YRS.SAYS APPROVED APPOINTMENT OF MELEVEETIL DAMODARAN, INDEPENDENT NON-EXECUTIVE DIRECTOR AS CHAIRMAN OF BOARD.  Full Article

Interglobe Aviation Says Total Debt As Of 31 Dec Was 24.76 Bln Rupees
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Interglobe Aviation Ltd ::PROFITABILITY DURING QUARTER WAS MAJORLY IMPACTED BY ADVERSE IMPACT OF HIGH FUEL PRICES AND RUPEE DEPRECIATION."ENTIRE DEBT FOR INDIGO IS AIRCRAFT RELATED".TOTAL DEBT AS OF 31 DECEMBER 2018 WAS 24.76 BILLION RUPEES.Q4 CAPACITY INCREASE IN ASKS EXPECTED TO BE 34 PERCENT YOY.  Full Article

India's InterGlobe Aviation Dec-Qtr Profit Down About 75 Pct
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - InterGlobe Aviation Ltd ::DEC QUARTER PROFIT 1.91 BILLION RUPEES VERSUS PROFIT OF 7.62 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 79.16 BILLION RUPEES VERSUS 61.78 BILLION RUPEES LAST YEAR.SAYS CONTINUED WEAKNESS IN OCTOBER PULLED DOWN CO'S OVERALL QTRLY PERFORMANCE.  Full Article

Interglobe Aviation Signs Codeshare & Mutual Cooperation Agreement With Turkish Airlines
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Interglobe Aviation Ltd ::SIGNED A CODESHARE AND MUTUAL COOPERATION AGREEMENT WITH TURKISH AIRLINES.  Full Article

Interglobe Aviation Says Varanasi Staff Raises Issue Of Ground Handling Agency GV India Services
Thursday, 5 Apr 2018 

April 5 (Reuters) - InterGlobe Aviation Ltd ::CLARIFIES ON NEWS ITEM THAT INDIGO STAFF TO GO ON STRIKE AT VARANASI AIRPORT.INCIDENT REFERRED IN NEWS ITEM IS AN ISSUE RAISED BY STAFF OF OUR GROUND HANDLING AGENCY GV INDIA SERVICES AT VARANASI AIRPORT.SAYS CO'S OPERATIONS AT VARANASI AIRPORT WILL REMAIN NORMAL, FLIGHTS WILL CONTINUE TO OPERATE AS PER SCHEDULE.SAYS CO WORKING WITH GV INDIA SERVICES TO LOOK FOR SOLUTION.  Full Article

India's Interglobe Aviation To Ground 9 A320neo Aircraft On DGCA's Directive
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Interglobe Aviation Ltd ::CLARIFIES ON NEWS ITEM THAT SAID DGCA ASKS CO TO GROUND 8 PLANES TILL FURTHER NOTICE ‍​.SAYS UNDER DGCA'S DIRECTIVE, CO WILL HAVE 9 A320NEO AIRCRAFT ON GROUND.SAYS ‍​ IS IN THE PROCESS OF IMPLEMENTING DGCA'S DIRECTIONS.SAYS AFFECTED PASSENGERS GIVEN OPTION OF CHOSSING ANOTHER FLIGHT OR A FULL REFUND.  Full Article

Indigo Plans Order For Up To 50 Airbus A330 Wide-Bodies - Bloomberg
Thursday, 8 Mar 2018 

March 8 (Reuters) - :INDIGO PLANS ORDER FOR UP TO 50 AIRBUS A330 WIDE-BODIES - BLOOMBERG, CITING PEOPLE FAMILIAR WITH THE MATTER‍​.  Full Article

Interglobe Aviation Says Has Not Violated Any Provision Of The Competition Act‍​
Thursday, 8 Mar 2018 

March 8 (Reuters) - Interglobe Aviation Ltd ::INTERGLOBE AVIATION CLARIFIES ON NEWS ITEM ON ‍COMPETITION COMMISSION OF INDIA FINING CO FOR UNFAIR BUSINESS PRACTICES​.SAYS CO HAS NOT VIOLATED ANY PROVISION OF THE COMPETITION ACT‍​.  Full Article

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

UPDATE 2-Billionaire Hinduja brothers weigh bid for India's Jet Airways

* Hinduja Group interests span banking, oil and gas, power (Adds details on Hindujas, analyst quote; updates shares)