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Interglobe Aviation Ltd (INGL.NS)

INGL.NS on National Stock Exchange of India

1,519.20INR
22 Jul 2019
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Latest Key Developments (Source: Significant Developments)

India's Aviation Regulator Says June PLF For Spicejet At 93.7%, IndiGo At 90.1%
Friday, 19 Jul 2019 

July 19 (Reuters) - Directorate General of Civil Aviation::INDIA'S AVIATION REGULATOR DGCA SAYS JUNE PASSENGER LOAD FACTOR FOR AIR INDIA AT 81.2%, FOR SPICEJET 93.7%, FOR INDIGO AT 90.1%.INDIA'S AVIATION REGULATOR DGCA SAYS JUNE MARKET SHARE OF AIR INDIA AT 12.9%, SPICEJET AT 15.6%, INDIGO AT 48.1%.  Full Article

India's Interglobe Aviation June Qtr Profit Rises
Friday, 19 Jul 2019 

July 19 (Reuters) - Interglobe Aviation Ltd ::JUNE QUARTER PROFIT 12 BILLION RUPEES VERSUS PROFIT OF 277.9 MILLION RUPEES LAST YEAR.JUNE QUARTER REVENUE FROM OPERATIONS 94.2 BILLION RUPEES VERSUS 65.12 BILLION RUPEES LAST YEAR.INTERGLOBE AVIATION LTD SAYS FOR FISCAL YEAR 2020, YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 30%.INTERGLOBE AVIATION LTD SAYS FOR Q2 2020, YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 28%.  Full Article

Interglobe Aviation Gets Notice From MCA Asking Co To Furnish Info Related To Gangwal's Complaint
Thursday, 18 Jul 2019 

July 18 (Reuters) - Interglobe Aviation Ltd ::INTERGLOBE AVIATION-GETS NOTICE FROM MINISTRY OF CORPORATE AFFAIRS,DELHI & HARYANA REQUIRING CO TO FURNISH INFO RELATED TO COMPLAINT BY RAKESH GANGWAL.  Full Article

Indigo Places $20 Billion U.S. Leap-1A Engine Order With CFM
Monday, 17 Jun 2019 

June 17 (Reuters) - Interglobe Aviation Ltd ::INDIGO PLACES $20 BILLION U.S. LEAP-1A ENGINE ORDER WITH CFM.INDIGO SAYS ENGINE ORDER WITH CFM FOR 280 AIRBUS A320NEO AND A321NEO AIRCRAFT, INCLUDES SPARE ENGINES.INDIGO SAYS DELIVERY OF FIRST LEAP-1A-POWERED A320NEO IS SCHEDULED IN 2020.  Full Article

Mumbai-Qatar Airways CEO: We Are Very Interested In Launching An Airline 100 Pct Owned By Us In India
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - :MUMBAI-QATAR AIRWAYS CEO SAYS WE WOULD DEFINITELY LOOK AT JET AIRWAYS IF 24 PERCENT STAKE IS NOT HELD BY ETIHAD.MUMBAI-QATAR AIRWAYS CEO SAYS WOULD BE DELIGHTED TO TAKE A STAKE IN INDIGO.MUMBAI-QATAR AIRWAYS CEO SAYS WE ARE VERY INTERESTED IN LAUNCHING AN AIRLINE 100 PERCENT OWNED BY US IN INDIA.  Full Article

InterGlobe Aviation Execs Expect Co To Start Receiving Airbus A321neos From Nov
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - InterGlobe Aviation Ltd Executives::EXEC SAYS EXPECT TO START RECEIVING AIRBUS A321NEOS FROM NOV THIS YEAR.EXEC SAYS WEAKER CURRENCY RESULTED IN LOSS OF 4.3 BILLION RUPEES IN SEPT-QUARTER.EXEC SAYS PURCHASED 3 ATRS PLANES USING FREE CASH DURING THE QUARTER.EXEC SAYS LONG HAUL FLYING WITH WIDE BODY PLANES IS MORE OF AN ASPIRATION THAN PLAN.EXEC SAYS WILL EXPAND INTO INTERNATIONAL MARKETS USING EXISTING FLEET OF AIRCRAFT.EXEC SAYS "HAVE A BUBBLE IN TERMS OF PASSENGER CAPACITY OVER THE NEXT TWO QUARTERS".EXEC SAYS HOLDING OFF BUYING ANY AIRBUS A320 PLANES WITH CASH, FALLING BACK ON LEASING MODEL.EXEC SAYS "WE ARE NOT LEADING THE CHARGE IN TERMS OF LOW FARES".  Full Article

InterGlobe Aviation Execs Expect Co To Start Receiving Airbus A320neos From Nov
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - InterGlobe Aviation Ltd Executives::EXEC SAYS EXPECT TO START RECEIVING AIRBUS A320NEOS FROM NOV THIS YEAR.EXEC SAYS WEAKER CURRENCY RESULTED IN LOSS OF 4.3 BILLION RUPEES IN SEPT-QUARTER.EXEC SAYS PURCHASED 3 ATRS PLANES USING FREE CASH DURING THE QUARTER.EXEC SAYS LONG HAUL FLYING WITH WIDE BODY PLANES IS MORE OF AN ASPIRATION THAN PLAN.EXEC SAYS WILL EXPAND INTO INTERNATIONAL MARKETS USING EXISTING FLEET OF AIRCRAFT.EXEC SAYS "HAVE A BUBBLE IN TERMS OF PASSENGER CAPACITY OVER THE NEXT TWO QUARTERS".EXEC SAYS HOLDING OFF BUYING ANY AIRBUS A320 PLANES WITH CASH, FALLING BACK ON LEASING MODEL.EXEC SAYS "WE ARE NOT LEADING THE CHARGE IN TERMS OF LOW FARES".  Full Article

India's Interglobe Aviation Posts Sept-Qtr Loss
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Interglobe Aviation Ltd ::SEPT QUARTER LOSS 6.52 BILLION RUPEES VERSUS PROFIT OF 5.52 BILLION RUPEES LAST YEAR.SEPT QUARTER REVENUE FROM OPERATIONS 61.85 BILLION RUPEES VERSUS 52.91 BILLION RUPEES LAST YEAR.SAYS THIRCL QUARTER FACAL 2019 YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 35 PERCENT.SAYS FULL YEAR FISCAL 2019 YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 30 PERCENT.TOTAL DEBT AS ON SEPT 30, 2018 WAS 26.41 BILLION RUPEES.INTERGLOBE AVIATION - PROFIT IN QUARTER HURT DUE TO PRESSURE FROM HIGH FUEL COSTS, RUPEE DEPRECIATION AND COMPETITION.INTERGLOBE AVIATION SAYS THIRD QUARTER FISCAL 2019 YEAR OVER YEAR CAPACITY INCREASE IN ASKS IS EXPECTED TO BE 35 PERCENT .  Full Article

Interglobe Aviation Seeks Shareholders' Nod To Raise Borrowing Powers Up To 100 Bln Rupees
Friday, 13 Jul 2018 

July 13 (Reuters) - InterGlobe Aviation Ltd ::SEEKS SHAREHOLDERS' NOD TO RAISE BORROWING POWERS UP TO 100 BILLION RUPEES.  Full Article

Indigo Says "No Ongoing Discussions" Of Co Partnering With Airline From Gulf To Bid For Air India
Wednesday, 21 Mar 2018 

March 21 (Reuters) - :INDIGO SAYS "NO ONGOING DISCUSSIONS" OF CO PARTNERING WITH AN AIRLINE FROM THE GULF TO BID FOR AIR INDIA.  Full Article

UPDATE 3-IndiGo owner sees more flyers after record profit, Jet collapse helps

BENGALURU, July 19 Interglobe Aviation Ltd , the operator of India's top airline IndiGo, said on Friday it expected passenger capacity to grow by nearly a third this fiscal year, as the company posted a record quarterly profit, gaining from the collapse of Jet Airways.