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EXCLUSIVE-Air India technical incidents like fuel leaks hit 14-month high
Air India faces scrutiny after deadly crash, safety lapses
Periodic inspections introduced to fix technical incidents
Rising rate of technical incidents reported across Boeing, Airbus fleets
By Abhijith Ganapavaram and Aditya Kalra
NEW DELHI, Feb 24 (Reuters) - Technical incidents such as engine oil and fuel leaks affecting Air India flights reached the highest rate in at least 14 months in January, a company document shows, underscoring growing strain on the carrier's revamp ambitions.
India's second-largest airline has come under scrutiny from the country's safety regulator since a crash last year killed 260 people. It has since reported many safety lapses and in December admitted there was a "need for urgent improvements in process discipline, communication, and compliance culture".
In January, Air India recorded 1.09 technical incidents per 1,000 flights, quadrupling from levels of just 0.26 in December 2024, according to a document reviewed by Reuters that the carrier submitted to the Indian government in February. It did not provide earlier data.
Air India operated more than 17,500 flights in January and recorded 23 technical incidents on its international and domestic flights, according to the document, which is not public. At least 21 of those incidents were investigated formally by the airline.
"Systemic improvements (are) being introduced across flight ops, training, engineering quality, and procedural oversight to prevent recurrence," the Air India document said.
Air India and India's civil aviation ministry did not respond to Reuters' queries.
The document provided only selective comparisons to global airline industry norms based on data that is not publicly available and did not contain information on the airline's budget subsidiary Air India Express.
CHALLENGES GALORE
Air India, which is owned by Tata Group and Singapore Airlines SIAL.SI, has been struggling to rebuild its reputation and international network, and replace its ageing fleet that has been hobbled by supply chain delays.
Pakistan's airspace closure for Indian carriers due to diplomatic tensions has also hit it financially and forced it to shut some long-haul routes.
India's civil aviation ministry told lawmakers this month that 82.5% of the 166 Air India aircraft it analysed since January 2025 had recurring technical defects, compared with 36.5% for market leader IndiGo INGL.NS. The ministry gave no further details.
The Air India document said the technical incidents reported last month included engine stall warnings, issues related to flight control and hydraulics, and engine oil and fuel leaks.
There were incidents on both its Airbus AIR.PA and Boeing BA.N aircraft, including five instances of fuel or engine oil leaks in the month. A Dubai-Mumbai flight on arrival found that an engine's oil quantity was "low".
In another incident, a Delhi-Dubai flight on January 12 was forced to turn back after takeoff due to the absence of water in lavatory and galley, the document said.
Operational incidents including rejected takeoffs, flying at a restricted altitude and taking off with incorrect settings stood at 0.29 per 1,000 flights in January, more than double the level in December 2024, the document stated.
But there has been a "decrease in operational incidents" in recent months, it added.
TAKING STEPS
Air India has a fleet of 191 planes, but has placed orders for over 500 more aircraft.
But revamping an airline owned by the Indian government until 2022 has been a major challenge, and Air India CEO Campbell Wilson has repeatedly complained that supply chain disruptions have delayed cabin retrofits.
The Air India February document detailed steps it is taking to "drive down" the various technical issues.
To control leakage events, it has introduced a periodic inspection program for its fleet of Airbus A320s, and replaced all steering-system hydraulic hoses on all its Boeing 777s.
A periodic air-conditioning leak-check programme has also been put in place, and Air India is implementing "targeted engineering actions" to "strengthen aircraft reliability and reduce incident rates", the document said.
Air India's issues have also attracted international regulatory scrutiny. Britain's aviation authority asked Air India to explain why a Boeing Dreamliner jet that was grounded on arrival in India for safety checks took off from London with a possibly faulty fuel switch, Reuters reported this month.
Air India replied that it had reminded pilots that they needed to operate in accordance with proper procedures and it had protectively replaced the throttle control module on the plane, according to a source with knowledge of the matter.
The UK Civil Aviation Authority did not respond immediately to a request for comment.
Air India's growing number of technical incidents https://www.reuters.com/graphics/AIR%20INDIA-SCRUTINY/lbpgyrjkypq/chart.png
India fines Air India $110,350 in Airbus incident, says lapse eroded public confidence https://www.reuters.com/sustainability/boards-policy-regulation/india-fines-air-india-110350-airbus-incident-says-lapse-eroded-public-confidence-2026-02-13/
(Reporting by Abhijith Ganapavaram and Aditya Kalra; Editing by Jamie Freed)
((Email: [email protected]; Mobile: +91-9019785574;))
Air India faces scrutiny after deadly crash, safety lapses
Periodic inspections introduced to fix technical incidents
Rising rate of technical incidents reported across Boeing, Airbus fleets
By Abhijith Ganapavaram and Aditya Kalra
NEW DELHI, Feb 24 (Reuters) - Technical incidents such as engine oil and fuel leaks affecting Air India flights reached the highest rate in at least 14 months in January, a company document shows, underscoring growing strain on the carrier's revamp ambitions.
India's second-largest airline has come under scrutiny from the country's safety regulator since a crash last year killed 260 people. It has since reported many safety lapses and in December admitted there was a "need for urgent improvements in process discipline, communication, and compliance culture".
In January, Air India recorded 1.09 technical incidents per 1,000 flights, quadrupling from levels of just 0.26 in December 2024, according to a document reviewed by Reuters that the carrier submitted to the Indian government in February. It did not provide earlier data.
Air India operated more than 17,500 flights in January and recorded 23 technical incidents on its international and domestic flights, according to the document, which is not public. At least 21 of those incidents were investigated formally by the airline.
"Systemic improvements (are) being introduced across flight ops, training, engineering quality, and procedural oversight to prevent recurrence," the Air India document said.
Air India and India's civil aviation ministry did not respond to Reuters' queries.
The document provided only selective comparisons to global airline industry norms based on data that is not publicly available and did not contain information on the airline's budget subsidiary Air India Express.
CHALLENGES GALORE
Air India, which is owned by Tata Group and Singapore Airlines SIAL.SI, has been struggling to rebuild its reputation and international network, and replace its ageing fleet that has been hobbled by supply chain delays.
Pakistan's airspace closure for Indian carriers due to diplomatic tensions has also hit it financially and forced it to shut some long-haul routes.
India's civil aviation ministry told lawmakers this month that 82.5% of the 166 Air India aircraft it analysed since January 2025 had recurring technical defects, compared with 36.5% for market leader IndiGo INGL.NS. The ministry gave no further details.
The Air India document said the technical incidents reported last month included engine stall warnings, issues related to flight control and hydraulics, and engine oil and fuel leaks.
There were incidents on both its Airbus AIR.PA and Boeing BA.N aircraft, including five instances of fuel or engine oil leaks in the month. A Dubai-Mumbai flight on arrival found that an engine's oil quantity was "low".
In another incident, a Delhi-Dubai flight on January 12 was forced to turn back after takeoff due to the absence of water in lavatory and galley, the document said.
Operational incidents including rejected takeoffs, flying at a restricted altitude and taking off with incorrect settings stood at 0.29 per 1,000 flights in January, more than double the level in December 2024, the document stated.
But there has been a "decrease in operational incidents" in recent months, it added.
TAKING STEPS
Air India has a fleet of 191 planes, but has placed orders for over 500 more aircraft.
But revamping an airline owned by the Indian government until 2022 has been a major challenge, and Air India CEO Campbell Wilson has repeatedly complained that supply chain disruptions have delayed cabin retrofits.
The Air India February document detailed steps it is taking to "drive down" the various technical issues.
To control leakage events, it has introduced a periodic inspection program for its fleet of Airbus A320s, and replaced all steering-system hydraulic hoses on all its Boeing 777s.
A periodic air-conditioning leak-check programme has also been put in place, and Air India is implementing "targeted engineering actions" to "strengthen aircraft reliability and reduce incident rates", the document said.
Air India's issues have also attracted international regulatory scrutiny. Britain's aviation authority asked Air India to explain why a Boeing Dreamliner jet that was grounded on arrival in India for safety checks took off from London with a possibly faulty fuel switch, Reuters reported this month.
Air India replied that it had reminded pilots that they needed to operate in accordance with proper procedures and it had protectively replaced the throttle control module on the plane, according to a source with knowledge of the matter.
The UK Civil Aviation Authority did not respond immediately to a request for comment.
Air India's growing number of technical incidents https://www.reuters.com/graphics/AIR%20INDIA-SCRUTINY/lbpgyrjkypq/chart.png
India fines Air India $110,350 in Airbus incident, says lapse eroded public confidence https://www.reuters.com/sustainability/boards-policy-regulation/india-fines-air-india-110350-airbus-incident-says-lapse-eroded-public-confidence-2026-02-13/
(Reporting by Abhijith Ganapavaram and Aditya Kalra; Editing by Jamie Freed)
((Email: [email protected]; Mobile: +91-9019785574;))
Indigo Says Considering Developments In Iranian Region, Previously Announced Cancellations Extended Until 28th March 2026
Feb 16 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO: FLIGHTS TO/FROM TBILISI, ALMATY, BAKU AND TASHKENT REMAIN IMPACTED
INDIGO - PREVIOUSLY ANNOUNCED CANCELLATIONS HAVE BEEN EXTENDED UNTIL 28TH MARCH 2026
INDIGO - CONSIDERING DEVELOPMENTS IN IRANIAN REGION AND ASSOCIATED AIRSPACE; PREVIOUSLY ANNOUNCED CANCELLATIONS EXTENDED UNTIL 28TH MARCH 2026
Source text: [https://tinyurl.com/4aaaz2et]
Further company coverage: INGL.NS
(([email protected];))
Feb 16 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO: FLIGHTS TO/FROM TBILISI, ALMATY, BAKU AND TASHKENT REMAIN IMPACTED
INDIGO - PREVIOUSLY ANNOUNCED CANCELLATIONS HAVE BEEN EXTENDED UNTIL 28TH MARCH 2026
INDIGO - CONSIDERING DEVELOPMENTS IN IRANIAN REGION AND ASSOCIATED AIRSPACE; PREVIOUSLY ANNOUNCED CANCELLATIONS EXTENDED UNTIL 28TH MARCH 2026
Source text: [https://tinyurl.com/4aaaz2et]
Further company coverage: INGL.NS
(([email protected];))
Indigo Gets Tax Penalty Of 12.7 Million Rupees
Feb 13 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - GETS TAX PENALTY OF 12.7 MILLION RUPEES
Source text: ID:nnAZN4SGM44
Further company coverage: INGL.NS
(([email protected];))
Feb 13 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - GETS TAX PENALTY OF 12.7 MILLION RUPEES
Source text: ID:nnAZN4SGM44
Further company coverage: INGL.NS
(([email protected];))
India airlines group opposes country's bid to tighten cabin crew fatigue rules
Airline association FIA warns rules could disrupt schedules
Draft rules exceed global norms, reduce competitiveness, FIA says
FIA seeks phased introduction, cites global standards
India regulator working to boost safety
By Abhijith Ganapavaram and Aditya Kalra
NEW DELHI, Feb 12 (Reuters) - A group representing India's top airlines IndiGo INGL.NS and Air India has asked the government to dilute proposed fatigue management rules for cabin crew, warning they could disrupt flight schedules and limit growth prospects, a letter shows.
The pushback from the Federation of Indian Airlines (FIA) on a key Indian government proposal comes after IndiGo, the country's largest airline, cancelled about 4,500 flights in December due to poor planning for new fatigue management rules for pilots.
The cabin crew rules proposed in October call for boosting minimum weekly rest to 48 hours from 36 hours presently and expanding work limitations for night operations.
They also call for flight attendants to each get their own hotel room on layovers to improve rest quality. That is not a requirement under international aviation rules, but in practice it is common among airlines outside India despite being more costly.
In its letter, which is not public, FIA argued that mandating single-room occupancy could create constraints at several domestic and international airports due to limited hotel inventory and result in crew being accommodated at distant or sub-optimal locations.
The proposed rules say they aim to "enhance safety of operations". Pilot mental health was in sharp focus after the Air India crash last June that killed 260 people, though the cause has yet to be determined.
But FIA argued the fatigue rules would "severely" limit long-term growth expansion and reduce the competitiveness of Indian airlines in the global market.
The letter was sent to India's Directorate General of Civil Aviation. The regulator and FIA, which also represents India's fourth-largest carrier SpiceJet SPJT.BO, did not respond to Reuters' queries.
There is no fixed timeline for implementation for the rules. IndiGo, Air India and SpiceJet also did not respond.
INDIAN NORMS VS GLOBAL
India's government said this month the aviation minister chaired a meeting with aviation officials where discussions centred around assessing safety at airfields, as well as strengthening regulatory oversight frameworks across the country.
The cumulative effect of the draft provisions on cabin crew fatigue management could complicate crew scheduling and reduce roster predictability, the FIA's letter said.
The rules go beyond global norms for managing cabin crew fatigue, it argued, such as classifying ultra-long-haul flights as those over 14 hours rather than 16 hours.
FIA's lobbying effort comes as Air India, the country's second-largest airline, is facing financial losses from an airspace ban imposed by Pakistan and a deadly crash and IndiGo is dealing with regulatory scrutiny due to the cancellations.
The FIA is lobbying the regulator to relax some of the rules, including reworking stricter night provisions such as landing caps to follow fatigue science and to introduce the new norms in a phased manner.
(Reporting by Abhijith Ganapavaram and Aditya Kalra; Editing by Jamie Freed)
((Email: [email protected]; Mobile: +91-9019785574;))
Airline association FIA warns rules could disrupt schedules
Draft rules exceed global norms, reduce competitiveness, FIA says
FIA seeks phased introduction, cites global standards
India regulator working to boost safety
By Abhijith Ganapavaram and Aditya Kalra
NEW DELHI, Feb 12 (Reuters) - A group representing India's top airlines IndiGo INGL.NS and Air India has asked the government to dilute proposed fatigue management rules for cabin crew, warning they could disrupt flight schedules and limit growth prospects, a letter shows.
The pushback from the Federation of Indian Airlines (FIA) on a key Indian government proposal comes after IndiGo, the country's largest airline, cancelled about 4,500 flights in December due to poor planning for new fatigue management rules for pilots.
The cabin crew rules proposed in October call for boosting minimum weekly rest to 48 hours from 36 hours presently and expanding work limitations for night operations.
They also call for flight attendants to each get their own hotel room on layovers to improve rest quality. That is not a requirement under international aviation rules, but in practice it is common among airlines outside India despite being more costly.
In its letter, which is not public, FIA argued that mandating single-room occupancy could create constraints at several domestic and international airports due to limited hotel inventory and result in crew being accommodated at distant or sub-optimal locations.
The proposed rules say they aim to "enhance safety of operations". Pilot mental health was in sharp focus after the Air India crash last June that killed 260 people, though the cause has yet to be determined.
But FIA argued the fatigue rules would "severely" limit long-term growth expansion and reduce the competitiveness of Indian airlines in the global market.
The letter was sent to India's Directorate General of Civil Aviation. The regulator and FIA, which also represents India's fourth-largest carrier SpiceJet SPJT.BO, did not respond to Reuters' queries.
There is no fixed timeline for implementation for the rules. IndiGo, Air India and SpiceJet also did not respond.
INDIAN NORMS VS GLOBAL
India's government said this month the aviation minister chaired a meeting with aviation officials where discussions centred around assessing safety at airfields, as well as strengthening regulatory oversight frameworks across the country.
The cumulative effect of the draft provisions on cabin crew fatigue management could complicate crew scheduling and reduce roster predictability, the FIA's letter said.
The rules go beyond global norms for managing cabin crew fatigue, it argued, such as classifying ultra-long-haul flights as those over 14 hours rather than 16 hours.
FIA's lobbying effort comes as Air India, the country's second-largest airline, is facing financial losses from an airspace ban imposed by Pakistan and a deadly crash and IndiGo is dealing with regulatory scrutiny due to the cancellations.
The FIA is lobbying the regulator to relax some of the rules, including reworking stricter night provisions such as landing caps to follow fatigue science and to introduce the new norms in a phased manner.
(Reporting by Abhijith Ganapavaram and Aditya Kalra; Editing by Jamie Freed)
((Email: [email protected]; Mobile: +91-9019785574;))
India's Akasa Air says co-founder Iyer leaving airline
Adds more details, background paragraph 3 onwards
NEW DELHI, Feb 11 (Reuters) - Indian airline Akasa Air said on Wednesday its co-founder and chief commercial officer, Praveen Iyer, will be leaving in April, at a time when the firm is navigating delayed Boeing BA.N jet deliveries.
Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.
It marks the second high-profile departure at the airline in recent months, following the exit of Neelu Khatri , another co-founder, last year.
Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo INGL.NS and Tata Group-backed Air India.
(Reporting by Abhijith Ganaparavam in New Delhi and Hritam Mukherjee in Bengaluru; Editing by Christian Schmollinger and Harikrishnan Nair)
((mailto: [email protected]; @MukherjeeHritam;))
Adds more details, background paragraph 3 onwards
NEW DELHI, Feb 11 (Reuters) - Indian airline Akasa Air said on Wednesday its co-founder and chief commercial officer, Praveen Iyer, will be leaving in April, at a time when the firm is navigating delayed Boeing BA.N jet deliveries.
Iyer will be succeeded by Anand Srinivasan, another co-founder and the chief information officer, Akasa said, without offering more details.
It marks the second high-profile departure at the airline in recent months, following the exit of Neelu Khatri , another co-founder, last year.
Akasa Air started commercial operations in 2022 in the intensely competitive domestic airlines market, dominated by market leader IndiGo INGL.NS and Tata Group-backed Air India.
(Reporting by Abhijith Ganaparavam in New Delhi and Hritam Mukherjee in Bengaluru; Editing by Christian Schmollinger and Harikrishnan Nair)
((mailto: [email protected]; @MukherjeeHritam;))
Indian airline IndiGo says reviewing antitrust regulator's order
Feb 5 (Reuters) - Indian airline IndiGo INGL.NS said on Thursday that it is reviewing the order from India's antitrust regulator and will take appropriate recourse upon reviewing it in detail.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Nivedita Bhattacharjee)
((mailto: [email protected]; @MukherjeeHritam;))
Feb 5 (Reuters) - Indian airline IndiGo INGL.NS said on Thursday that it is reviewing the order from India's antitrust regulator and will take appropriate recourse upon reviewing it in detail.
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Nivedita Bhattacharjee)
((mailto: [email protected]; @MukherjeeHritam;))
India's competition regulator orders probe into IndiGo after mass flight cancellations
Feb 4 (Reuters) - India's competition regulator has ordered an investigation into IndiGo INGL.NS after the airlines' widespread flight cancellations in December rattled the country's air travel sector.
(Reporting by Nishit Navin; Editing by Anil D'Silva)
(([email protected];))
Feb 4 (Reuters) - India's competition regulator has ordered an investigation into IndiGo INGL.NS after the airlines' widespread flight cancellations in December rattled the country's air travel sector.
(Reporting by Nishit Navin; Editing by Anil D'Silva)
(([email protected];))
Wing tips of Air India and IndiGo flights scrape each other, India's aviation regulator says
Feb 3 (Reuters) - India's aviation regulator said on Tuesday the wing tips of an Air India and an IndiGo aircraft scraped each other while they were taxying in Mumbai Airport.
"While AI2732 was taxying from C1 towards M4 for departure and IndiGo arrival flight was taxing joining B1, right wing tips of both the aircraft touched each other," the aviation regulator said, adding the aircrafts returned to the bay for inspections.
(Reporting by Abhijith Ganapavaram; Chandni Shah in Bengaluru)
(([email protected];))
Feb 3 (Reuters) - India's aviation regulator said on Tuesday the wing tips of an Air India and an IndiGo aircraft scraped each other while they were taxying in Mumbai Airport.
"While AI2732 was taxying from C1 towards M4 for departure and IndiGo arrival flight was taxing joining B1, right wing tips of both the aircraft touched each other," the aviation regulator said, adding the aircrafts returned to the bay for inspections.
(Reporting by Abhijith Ganapavaram; Chandni Shah in Bengaluru)
(([email protected];))
Air India orders 30 Boeing narrowbodies, converts part of Airbus order to XLRs
Buying 20 737 MAX 8s and 10 737 MAX 10s from Boeing
Becomes second Indian airline to order Airbus A321XLR
Air India renewing fleet as part of turnaround drive
Recasts with details from press statements on Boeing order, Airbus order conversion
HYDERABAD, Jan 29 (Reuters) - Air India said on Thursday it had ordered 30 Boeing BA.N narrowbody aircraft and converted part of its existing A321neo order with Airbus AIR.PA to 15 long-range A321XLR jets, adding momentum to the flag carrier's turnaround efforts.
The announcement at India's civil air show in Hyderabad is a rare bright spot for the formerly state-owned airline, which has faced regulatory scrutiny after a deadly crash last year and a string of safety lapses.
Air India will buy 20 737 MAX 8s and 10 737 MAX 10s from Boeing, bringing its total orders with the U.S. planemaker to 250. The purchase is an exercise of existing options, Boeing said.
Converting part of the Airbus order to XLRs makes Air India the second Indian airline to buy the long-range jet, after rival IndiGo INGL.NS. Airbus said deliveries of the 15 XLRs are expected between 2029 and 2030.
Air India ordered 250 Airbus and 220 Boeing aircraft in 2023 after its purchase by Tata Group from the Indian government the year before. The airline ordered more Airbus aircraft in 2024.
The addition of the XLR, Airbus' longest-range single-aisle jet, is expected to give Air India greater flexibility to open less popular long-haul routes.
Securing new aircraft is crucial for Air India as it works to reverse years of under-investment under state ownership and recapture market share from global competitors.
Reuters reported last year that Air India was in talks to buy up to 300 new aircraft, including 200 narrowbodies, from the two planemakers.
(Reporting by Kashish Tandon, Nandan Mandayam, Abhijith Ganapavaram, Shivansh Tiwary; Editing by Mrigank Dhaniwala and Mark Potter)
(([email protected]; 8800437922;))
Buying 20 737 MAX 8s and 10 737 MAX 10s from Boeing
Becomes second Indian airline to order Airbus A321XLR
Air India renewing fleet as part of turnaround drive
Recasts with details from press statements on Boeing order, Airbus order conversion
HYDERABAD, Jan 29 (Reuters) - Air India said on Thursday it had ordered 30 Boeing BA.N narrowbody aircraft and converted part of its existing A321neo order with Airbus AIR.PA to 15 long-range A321XLR jets, adding momentum to the flag carrier's turnaround efforts.
The announcement at India's civil air show in Hyderabad is a rare bright spot for the formerly state-owned airline, which has faced regulatory scrutiny after a deadly crash last year and a string of safety lapses.
Air India will buy 20 737 MAX 8s and 10 737 MAX 10s from Boeing, bringing its total orders with the U.S. planemaker to 250. The purchase is an exercise of existing options, Boeing said.
Converting part of the Airbus order to XLRs makes Air India the second Indian airline to buy the long-range jet, after rival IndiGo INGL.NS. Airbus said deliveries of the 15 XLRs are expected between 2029 and 2030.
Air India ordered 250 Airbus and 220 Boeing aircraft in 2023 after its purchase by Tata Group from the Indian government the year before. The airline ordered more Airbus aircraft in 2024.
The addition of the XLR, Airbus' longest-range single-aisle jet, is expected to give Air India greater flexibility to open less popular long-haul routes.
Securing new aircraft is crucial for Air India as it works to reverse years of under-investment under state ownership and recapture market share from global competitors.
Reuters reported last year that Air India was in talks to buy up to 300 new aircraft, including 200 narrowbodies, from the two planemakers.
(Reporting by Kashish Tandon, Nandan Mandayam, Abhijith Ganapavaram, Shivansh Tiwary; Editing by Mrigank Dhaniwala and Mark Potter)
(([email protected]; 8800437922;))
IndiGo CEO Says International Share Of Network Capacity Will Be About 40% By 2030
Jan 28 (Reuters) -
INDIGO CEO: ALMOST ALL REPAIR AND MAINTENANCE WORK ON INDIGO AIRCRAFT IS DONE OUTSIDE OF INDIA PRESENTLY
INDIGO CEO: LEASED BOEING WIDE BODIES ARE DOING “VERY WELL” ON CARGO
INDIGO CEO: ADDING ONE AIRCRAFT EVERY WEEK FOR THE NEXT DECADE
INDIGO CEO: THIS YEAR WILL BE THE EARLY INDUCTION OF WIDE BODY AIRCRAFT
INDIGO CEO: INTERNATIONAL SHARE OF NETWORK CAPACITY WILL BE ABOUT 40% BY 2030
Further company coverage: INGL.NS
(([email protected];))
Jan 28 (Reuters) -
INDIGO CEO: ALMOST ALL REPAIR AND MAINTENANCE WORK ON INDIGO AIRCRAFT IS DONE OUTSIDE OF INDIA PRESENTLY
INDIGO CEO: LEASED BOEING WIDE BODIES ARE DOING “VERY WELL” ON CARGO
INDIGO CEO: ADDING ONE AIRCRAFT EVERY WEEK FOR THE NEXT DECADE
INDIGO CEO: THIS YEAR WILL BE THE EARLY INDUCTION OF WIDE BODY AIRCRAFT
INDIGO CEO: INTERNATIONAL SHARE OF NETWORK CAPACITY WILL BE ABOUT 40% BY 2030
Further company coverage: INGL.NS
(([email protected];))
India aviation reform hopes fly high as air show lands big names
'Wings India 2026' attracts Boeing, Airbus, others
PM Modi wants to make India an aviation hub
IndiGo and Air India face regulatory scrutiny
India needs more civil aviation reforms, lawyer says
By Abhijith Ganapavaram
HYDERABAD, Jan 27 (Reuters) - Aviation executives land in Hyderabad for India's biennial air show this week with hopes high of reforms to attract investors as the country's two big airlines battle headwinds.
Although aviation is booming in India, its biggest airline IndiGo is only just recovering from massive disruptions in December, while rival Air India still faces intense scrutiny following a plane crash in June which killed 260 people.
Prime Minister Narendra Modi wants to position India as an aviation hub and "Wings India 2026" will host participants from domestic and foreign airlines, airports, Boeing BA.N and Airbus AIR.PA and air taxi companies.
Analysts and industry executives will be looking for signals from government officials at the show on how India plans to ease airspace congestion in major cities, boost manpower at the aviation regulator to improve oversight and simplify tax rules.
"Further reforms in the civil aviation sector are needed, such as around aircraft leasing, and regulatory clarity in tax matters," said Ajay Kumar, Managing Partner at KLA Legal.
Foreign airlines have long sought greater access to India, arguing that seat caps under bilateral air service agreements limit growth in the world's fastest-growing market.
Meanwhile, aircraft lessors have been saying a draft law on jet repossession is complicated as it requires them to first clear airline taxes and salaries before reclaiming their aircraft from distressed airlines.
IndiGo and Air India have both placed record orders for new aircraft, but faced delivery delays as planemakers Airbus and Boeing both battle supply chain disruptions.
INDIAN AVIATION MINISTER ON DAY ONE
Russia's United Aircraft Corporation and Dassault Aviation AM.PA will take part, the government in New Delhi said on Monday, while Brazil's Embraer EMBJ3.SA will showcase its E2 family of regional aircraft.
Indian billionaire Gautam Adani's group and Embraer on Tuesday announced a tie-up to set up a regional transport aircraft venture in India.
India's aviation minister Ram Mohan Naidu is expected to address hundreds of delegates on Wednesday, the first day of the show, while the CEOs of Etihad Airways, Thai Airways THAI.BK, IndiGo INGL.NS and Air India are also due to speak.
IndiGo is under scrutiny after a spate of mass cancellations in December due to pilot shortages. India's aviation watchdog this month fined it $2.45 million - or 0.31% of its last year's profit, and issued warnings to senior executives.
Air India, owned by Tata Group and Singapore Airlines SIAL.SI, has cut some profitable routes due to an airspace ban imposed by Pakistan on Indian carriers over diplomatic tensions.
The airline is lobbying New Delhi to convince China to let it use a sensitive military airspace zone to shorten routes.
(Reporting by Abhijith Ganapavaram; Editing by Aditya Kalra and Alexander Smith)
((Email: [email protected]; Mobile: +91-9019785574;))
'Wings India 2026' attracts Boeing, Airbus, others
PM Modi wants to make India an aviation hub
IndiGo and Air India face regulatory scrutiny
India needs more civil aviation reforms, lawyer says
By Abhijith Ganapavaram
HYDERABAD, Jan 27 (Reuters) - Aviation executives land in Hyderabad for India's biennial air show this week with hopes high of reforms to attract investors as the country's two big airlines battle headwinds.
Although aviation is booming in India, its biggest airline IndiGo is only just recovering from massive disruptions in December, while rival Air India still faces intense scrutiny following a plane crash in June which killed 260 people.
Prime Minister Narendra Modi wants to position India as an aviation hub and "Wings India 2026" will host participants from domestic and foreign airlines, airports, Boeing BA.N and Airbus AIR.PA and air taxi companies.
Analysts and industry executives will be looking for signals from government officials at the show on how India plans to ease airspace congestion in major cities, boost manpower at the aviation regulator to improve oversight and simplify tax rules.
"Further reforms in the civil aviation sector are needed, such as around aircraft leasing, and regulatory clarity in tax matters," said Ajay Kumar, Managing Partner at KLA Legal.
Foreign airlines have long sought greater access to India, arguing that seat caps under bilateral air service agreements limit growth in the world's fastest-growing market.
Meanwhile, aircraft lessors have been saying a draft law on jet repossession is complicated as it requires them to first clear airline taxes and salaries before reclaiming their aircraft from distressed airlines.
IndiGo and Air India have both placed record orders for new aircraft, but faced delivery delays as planemakers Airbus and Boeing both battle supply chain disruptions.
INDIAN AVIATION MINISTER ON DAY ONE
Russia's United Aircraft Corporation and Dassault Aviation AM.PA will take part, the government in New Delhi said on Monday, while Brazil's Embraer EMBJ3.SA will showcase its E2 family of regional aircraft.
Indian billionaire Gautam Adani's group and Embraer on Tuesday announced a tie-up to set up a regional transport aircraft venture in India.
India's aviation minister Ram Mohan Naidu is expected to address hundreds of delegates on Wednesday, the first day of the show, while the CEOs of Etihad Airways, Thai Airways THAI.BK, IndiGo INGL.NS and Air India are also due to speak.
IndiGo is under scrutiny after a spate of mass cancellations in December due to pilot shortages. India's aviation watchdog this month fined it $2.45 million - or 0.31% of its last year's profit, and issued warnings to senior executives.
Air India, owned by Tata Group and Singapore Airlines SIAL.SI, has cut some profitable routes due to an airspace ban imposed by Pakistan on Indian carriers over diplomatic tensions.
The airline is lobbying New Delhi to convince China to let it use a sensitive military airspace zone to shorten routes.
(Reporting by Abhijith Ganapavaram; Editing by Aditya Kalra and Alexander Smith)
((Email: [email protected]; Mobile: +91-9019785574;))
Indigo Says Flights Scheduled To Operate From Jan 26-28 2026 To And From Tbilisi, Almaty, Tashkent And Baku Have Been Cancelled Due To Developments In Iran
Jan 25 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO: DUE TO DEVELOPMENTS IN IRAN, FLIGHTS SCHEDULED TO OPERATE ON 26, 27 AND 28 JAN 2026 TO AND FROM TBILISI, ALMATY, TASHKENT AND BAKU HAVE BEEN CANCELLED
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
Jan 25 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO: DUE TO DEVELOPMENTS IN IRAN, FLIGHTS SCHEDULED TO OPERATE ON 26, 27 AND 28 JAN 2026 TO AND FROM TBILISI, ALMATY, TASHKENT AND BAKU HAVE BEEN CANCELLED
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
Street View: Analysts see unit costs impacting India's IndiGo in Q4
** India's largest airline IndiGo INGL.NS warned that its per‑passenger costs for the full year would be higher and took a $63 million hit in the third quarter
** Quarterly profit plunged 75% due to a one-time charge related to disruptions that led to thousands of flight cancellations in early December
** Shares fall as much as 3.8% to 4,722.50 rupees
Q4 OUTLOOK BLEAK, UNIT COSTS DETERIORATING ON CAPACITY CUTS
** Jefferies ("Buy", TP: 6,140 rupees) says post December disruption, co rapidly normalised operations but expects March quarter to be weak as average cost of flying an aircraft seat expected to rise
** J.P. Morgan ("Neutral", TP: 4,625 rupees) says INGL's Q3 results better than feared as cost impact of disruptions and rupee depreciation is likely to hit in the next quarter
** Emkay ("Buy", TP: 6,300 rupees) foresees gradual improvement in operations and growth, though cuts FY26 EBITDA by 5%, maintains FY27/28 estimates
** Nuvama ("Hold", TP:4,842 rupees) expects recurring impact on Cost per Available Seat Kilometer (CASK) from implementation
of new labor code and higher pilot hiring to comply with flight duty time limitations norms
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
** India's largest airline IndiGo INGL.NS warned that its per‑passenger costs for the full year would be higher and took a $63 million hit in the third quarter
** Quarterly profit plunged 75% due to a one-time charge related to disruptions that led to thousands of flight cancellations in early December
** Shares fall as much as 3.8% to 4,722.50 rupees
Q4 OUTLOOK BLEAK, UNIT COSTS DETERIORATING ON CAPACITY CUTS
** Jefferies ("Buy", TP: 6,140 rupees) says post December disruption, co rapidly normalised operations but expects March quarter to be weak as average cost of flying an aircraft seat expected to rise
** J.P. Morgan ("Neutral", TP: 4,625 rupees) says INGL's Q3 results better than feared as cost impact of disruptions and rupee depreciation is likely to hit in the next quarter
** Emkay ("Buy", TP: 6,300 rupees) foresees gradual improvement in operations and growth, though cuts FY26 EBITDA by 5%, maintains FY27/28 estimates
** Nuvama ("Hold", TP:4,842 rupees) expects recurring impact on Cost per Available Seat Kilometer (CASK) from implementation
of new labor code and higher pilot hiring to comply with flight duty time limitations norms
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
IndiGo CEO Says No Reason To Believe There Will Be More Fines From Aviation Regulator
Jan 22 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO CEO: NO REASON TO BELIEVE AT THIS TIME THERE WILL BE MORE FINES FROM INDIA AVIATION REGULATOR
INDIGO CEO: EXPANDING BUSINESS CABIN 'STRETCH' TO 65 AIRCRAFT
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
Jan 22 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO CEO: NO REASON TO BELIEVE AT THIS TIME THERE WILL BE MORE FINES FROM INDIA AVIATION REGULATOR
INDIGO CEO: EXPANDING BUSINESS CABIN 'STRETCH' TO 65 AIRCRAFT
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
IndiGo tells India regulator that operations will be stable after exemptions expire
NEW DELHI, Jan 20 (Reuters) - IndiGo has told India's aviation regulator it will maintain operational stability and have adequate flight crew for operations from February, the regulator said on Tuesday.
The country's largest airline faced unprecedented disruption in December due to poor pilot roster planning.
India relaxed two provisions related to night duty for IndiGo pilots until February 10 to enable the airline to stabilise its operations, a move that had invited criticism from pilot unions and safety advocates.
An IndiGo spokesperson did not immediately respond to a request for comment.
Earlier this month, India fined IndiGo $2.45 million, issued warnings to senior executives and directed the airline to remove the head of its operations control from his duties after the disruptions.
(Reporting by Abhijith Ganapavaram; Editing by Kirsten Donovan)
((Email: [email protected]; Mobile: +91-9019785574; ))
NEW DELHI, Jan 20 (Reuters) - IndiGo has told India's aviation regulator it will maintain operational stability and have adequate flight crew for operations from February, the regulator said on Tuesday.
The country's largest airline faced unprecedented disruption in December due to poor pilot roster planning.
India relaxed two provisions related to night duty for IndiGo pilots until February 10 to enable the airline to stabilise its operations, a move that had invited criticism from pilot unions and safety advocates.
An IndiGo spokesperson did not immediately respond to a request for comment.
Earlier this month, India fined IndiGo $2.45 million, issued warnings to senior executives and directed the airline to remove the head of its operations control from his duties after the disruptions.
(Reporting by Abhijith Ganapavaram; Editing by Kirsten Donovan)
((Email: [email protected]; Mobile: +91-9019785574; ))
IndiGo rises despite record $2.45 million fine over flight cancellations
Jan 19 (Reuters) - Shares of IndiGo INGL.NS rose 3.5% on Monday even after India's aviation regulator fined the budget airline a record $2.45 million for mass flight cancellations last month.
Although the fine was the largest ever imposed by the Indian authority, it represented just 0.31% of IndiGo's annual profit for fiscal 2024/25.
(Reporting by Brijesh Patel in Bengaluru; Editing by Sherry Jacob-Phillips)
(([email protected]; Ph no. +91 9590227221;))
Jan 19 (Reuters) - Shares of IndiGo INGL.NS rose 3.5% on Monday even after India's aviation regulator fined the budget airline a record $2.45 million for mass flight cancellations last month.
Although the fine was the largest ever imposed by the Indian authority, it represented just 0.31% of IndiGo's annual profit for fiscal 2024/25.
(Reporting by Brijesh Patel in Bengaluru; Editing by Sherry Jacob-Phillips)
(([email protected]; Ph no. +91 9590227221;))
Indigo Says Are In Receipt Of The Orders Of The Directorate General Of Civil Aviation Of India In Relation To The Disruption Of Indigo's Flights In Early December
Jan 17 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - WE ARE IN RECEIPT OF THE ORDERS OF THE DIRECTORATE GENERAL OF CIVIL AVIATION OF INDIA IN RELATION TO THE DISRUPTION OF INDIGO'S FLIGHTS IN EARLY DECEMBER, 2025 (ADDS DROPPED WORD 'OF')
INDIGO - ARE COMMITED TO TAKING FULL COGNIZANCE OF THE ORDERS AND WILL, IN A THOUGHTFUL AND TIMELY MANNER, TAKE APPROPRIATE MEASURES
INDIGO - AN IN-DEPTH REVIEW OF THE ROBUSTNESS AND RESILIENCE OF THE INTERNAL PROCESSES AT INDIGO HAS BEEN UNDERWAY SINCE THE DISRUPTION
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
Jan 17 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - WE ARE IN RECEIPT OF THE ORDERS OF THE DIRECTORATE GENERAL OF CIVIL AVIATION OF INDIA IN RELATION TO THE DISRUPTION OF INDIGO'S FLIGHTS IN EARLY DECEMBER, 2025 (ADDS DROPPED WORD 'OF')
INDIGO - ARE COMMITED TO TAKING FULL COGNIZANCE OF THE ORDERS AND WILL, IN A THOUGHTFUL AND TIMELY MANNER, TAKE APPROPRIATE MEASURES
INDIGO - AN IN-DEPTH REVIEW OF THE ROBUSTNESS AND RESILIENCE OF THE INTERNAL PROCESSES AT INDIGO HAS BEEN UNDERWAY SINCE THE DISRUPTION
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];))
India's Aviation Regulator Says Indigo Informed All Refunds For Flight Cancellations During Dec 3-5 Have Been Fully Cleared
Jan 16 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIA'S AVIATION REGULATOR -CONSTANTLY ENGAGING WITH INDIGO WITH RESPECT TO REFUNDS AND COMPENSATIONS PROVIDED TO AFFECTED PASSENGERS
INDIA'S AVIATION REGULATOR -INDIGO INFORMED ALL REFUNDS FOR FLIGHT CANCELLATIONS DURING DEC 3-5 HAVE BEEN FULLY PROCESSED AND CLEARED
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];;))
Jan 16 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIA'S AVIATION REGULATOR -CONSTANTLY ENGAGING WITH INDIGO WITH RESPECT TO REFUNDS AND COMPENSATIONS PROVIDED TO AFFECTED PASSENGERS
INDIA'S AVIATION REGULATOR -INDIGO INFORMED ALL REFUNDS FOR FLIGHT CANCELLATIONS DURING DEC 3-5 HAVE BEEN FULLY PROCESSED AND CLEARED
Source text: [ID:]
Further company coverage: INGL.NS
(([email protected];;))
UPDATE 5-Iran reopens airspace after temporary closure forced flights to reroute
Airspace was closed for nearly five hours
Missile and drone barrages are a risk to air traffic
Air India, IndiGo among carriers affected by airspace closure
Recasts, updates paragraphs 1-4 with Iran reopening airspace
By David Shepardson
WASHINGTON, Jan 14 (Reuters) - Iran reopened its airspace after a near-five-hour closure amid concerns about possible military action between the U.S. and Iran that forced airlines to cancel, reroute or delay some flights.
Iran closed its airspace to all flights except international ones to and from Iran with official permission at 5:15 p.m. ET (2215 GMT) on Wednesday, according to a notice on the U.S. Federal Aviation Administration website.
The notice was removed shortly before 10 p.m. ET, or 0300 GMT, according to tracking service Flightradar24, which showed five flights from Iranian carriers Mahan Air, Yazd Airways and AVA Airlines were among the first to resume over the country.
At a similar time last week to the airspace closure there had been dozens of planes in the air over Iran, Flightradar24 said.
The temporary closure came as President Donald Trump has been weighing a response to the situation in Iran, which is seeing its biggest anti-government protests in years.
The United States was withdrawing some personnel from bases in the Middle East, a U.S. official said on Wednesday, after a senior Iranian official said Tehran had warned neighbors it would hit American bases if Washington strikes.
Missile and drone barrages in a growing number of conflict zones represent a high risk to airline traffic.
INDIAN AIRLINES AMONG THOSE AFFECTED
India's largest airline, IndiGo INGL.NS said some of its international flights would be impacted by Iran's sudden airspace closure. Air India said its flights were using alternative routes that could result in delays or cancellations.
A flight by Russia's Aeroflot AFLT.MM bound for Tehran returned to Moscow after the closure, according to Flightradar24 data.
Earlier on Wednesday, Germany issued a new directive cautioning the country's airlines from entering Iranian airspace, shortly after Lufthansa LHAG.DE rejigged its flight operations across the Middle East amid escalating tensions in the region.
The United States already prohibits all U.S. commercial flights from overflying Iran and there are no direct flights between the countries.
Airline operators like flydubai and Turkish Airlines have canceled multiple flights to Iran in the past week.
"Several airlines have already reduced or suspended services, and most carriers are avoiding Iranian airspace," said Safe Airspace, a website run by OPSGROUP, a membership-based organisation that shares flight risk information. "The situation may signal further security or military activity, including the risk of missile launches or heightened air defence, increasing the risk of misidentification of civil traffic."
A Ukraine International Airlines jet was downed by Iran's military in 2020, killing all 176 passengers and crew.
Lufthansa said on Wednesday that it would bypass Iranian and Iraqi airspace until further notice while it would only operate day flights to Tel Aviv and Amman from Wednesday until Monday next week so that crew would not have to stay overnight. Some flights could also be canceled as a result of these actions, it added in a statement.
Italian carrier ITA Airways, in which Lufthansa Group is now a major shareholder, said that it would similarly suspend night flights to Tel Aviv until Tuesday next week.
(Reporting by David Shepardson, Kanjyik Ghosh, Keith Weir, Steven Scheer, Nathan Gomes and Ben Blanchard; Editing by Peter Henderson and Jamie Freed)
(([email protected];))
Airspace was closed for nearly five hours
Missile and drone barrages are a risk to air traffic
Air India, IndiGo among carriers affected by airspace closure
Recasts, updates paragraphs 1-4 with Iran reopening airspace
By David Shepardson
WASHINGTON, Jan 14 (Reuters) - Iran reopened its airspace after a near-five-hour closure amid concerns about possible military action between the U.S. and Iran that forced airlines to cancel, reroute or delay some flights.
Iran closed its airspace to all flights except international ones to and from Iran with official permission at 5:15 p.m. ET (2215 GMT) on Wednesday, according to a notice on the U.S. Federal Aviation Administration website.
The notice was removed shortly before 10 p.m. ET, or 0300 GMT, according to tracking service Flightradar24, which showed five flights from Iranian carriers Mahan Air, Yazd Airways and AVA Airlines were among the first to resume over the country.
At a similar time last week to the airspace closure there had been dozens of planes in the air over Iran, Flightradar24 said.
The temporary closure came as President Donald Trump has been weighing a response to the situation in Iran, which is seeing its biggest anti-government protests in years.
The United States was withdrawing some personnel from bases in the Middle East, a U.S. official said on Wednesday, after a senior Iranian official said Tehran had warned neighbors it would hit American bases if Washington strikes.
Missile and drone barrages in a growing number of conflict zones represent a high risk to airline traffic.
INDIAN AIRLINES AMONG THOSE AFFECTED
India's largest airline, IndiGo INGL.NS said some of its international flights would be impacted by Iran's sudden airspace closure. Air India said its flights were using alternative routes that could result in delays or cancellations.
A flight by Russia's Aeroflot AFLT.MM bound for Tehran returned to Moscow after the closure, according to Flightradar24 data.
Earlier on Wednesday, Germany issued a new directive cautioning the country's airlines from entering Iranian airspace, shortly after Lufthansa LHAG.DE rejigged its flight operations across the Middle East amid escalating tensions in the region.
The United States already prohibits all U.S. commercial flights from overflying Iran and there are no direct flights between the countries.
Airline operators like flydubai and Turkish Airlines have canceled multiple flights to Iran in the past week.
"Several airlines have already reduced or suspended services, and most carriers are avoiding Iranian airspace," said Safe Airspace, a website run by OPSGROUP, a membership-based organisation that shares flight risk information. "The situation may signal further security or military activity, including the risk of missile launches or heightened air defence, increasing the risk of misidentification of civil traffic."
A Ukraine International Airlines jet was downed by Iran's military in 2020, killing all 176 passengers and crew.
Lufthansa said on Wednesday that it would bypass Iranian and Iraqi airspace until further notice while it would only operate day flights to Tel Aviv and Amman from Wednesday until Monday next week so that crew would not have to stay overnight. Some flights could also be canceled as a result of these actions, it added in a statement.
Italian carrier ITA Airways, in which Lufthansa Group is now a major shareholder, said that it would similarly suspend night flights to Tel Aviv until Tuesday next week.
(Reporting by David Shepardson, Kanjyik Ghosh, Keith Weir, Steven Scheer, Nathan Gomes and Ben Blanchard; Editing by Peter Henderson and Jamie Freed)
(([email protected];))
Kotak Institutional Equities cuts PT on India's IndiGo on regulatory risks, tough pricing
** IndiGo INGL.NS falls 0.5% to 4,821 rupees
** Kotak Institutional Equities retains "Add"; cuts PT by 50 rupees to 5,300 rupees
** Says despite expansion, co faces tough pricing environment; new routes' fares 30%-50% lower than Middle Eastern carriers, which could pressure margins
** Adds carrier's daily flights stabilised at ~6% below pre-December levels, reflecting impact of 10% domestic curtailment
** Notes regulatory actions on free pricing pose downside risk as Competition Commission of India is reviewing airline pricing practices following sharp fare hikes last month
** Stock rated "buy" on avg; median PT is 6,000 rupees, per data compiled by LSEG
** INGL up 4.7% YTD; had risen 11% in 2025
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
** IndiGo INGL.NS falls 0.5% to 4,821 rupees
** Kotak Institutional Equities retains "Add"; cuts PT by 50 rupees to 5,300 rupees
** Says despite expansion, co faces tough pricing environment; new routes' fares 30%-50% lower than Middle Eastern carriers, which could pressure margins
** Adds carrier's daily flights stabilised at ~6% below pre-December levels, reflecting impact of 10% domestic curtailment
** Notes regulatory actions on free pricing pose downside risk as Competition Commission of India is reviewing airline pricing practices following sharp fare hikes last month
** Stock rated "buy" on avg; median PT is 6,000 rupees, per data compiled by LSEG
** INGL up 4.7% YTD; had risen 11% in 2025
(Reporting by Urvi Dugar in Bengaluru)
(([email protected];))
Aviation Regulator Reinstates 2 Mln Rupees Penalty On IndiGo Directors For Failure To Use Simulators For Pilot Training
Jan 9 (Reuters) - Interglobe Aviation Ltd INGL.NS:
DGCA APPELLATE AUTHORITY HAS DISMISSED APPEAL
DGCA REINSTATES 2 MILLION RUPEES PENALTY ON INDIGO DIRECTORS
ORDER REGARDING DGCA IMPOSING PENALTY FOR ALLEGED FAILURE TO USE QUALIFIED SIMULATORS FOR PILOT TRAINING
Source text: ID:nNSE8RlSt1
Further company coverage: INGL.NS
(([email protected];))
Jan 9 (Reuters) - Interglobe Aviation Ltd INGL.NS:
DGCA APPELLATE AUTHORITY HAS DISMISSED APPEAL
DGCA REINSTATES 2 MILLION RUPEES PENALTY ON INDIGO DIRECTORS
ORDER REGARDING DGCA IMPOSING PENALTY FOR ALLEGED FAILURE TO USE QUALIFIED SIMULATORS FOR PILOT TRAINING
Source text: ID:nNSE8RlSt1
Further company coverage: INGL.NS
(([email protected];))
India's Indigo set for worst year since 2023
**Shares of Indigo parent InterGlobe Aviation INGL.NS up 10.2% YTD
**Airline set for worst year in three after rising 53.5% in 2024 and 48% in 2023
**The airline, which holds over 60% of India's domestic market, canceled about 4,500 flights earlier in December after poor pilot roster planning, stranding tens of thousands of passengers and triggering one of the country's biggest aviation crises
** Co estimated a payout of more than 5 billion rupees in total to customers impacted by the mass cancellations
**The cancellations led India to temporarily relax some night-duty rules for pilots earlier this month to help the airline stabilize operations, a move that drew criticism from pilot unions and safety advocates
**On December 18, India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by co following the flight disruptions
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
**Shares of Indigo parent InterGlobe Aviation INGL.NS up 10.2% YTD
**Airline set for worst year in three after rising 53.5% in 2024 and 48% in 2023
**The airline, which holds over 60% of India's domestic market, canceled about 4,500 flights earlier in December after poor pilot roster planning, stranding tens of thousands of passengers and triggering one of the country's biggest aviation crises
** Co estimated a payout of more than 5 billion rupees in total to customers impacted by the mass cancellations
**The cancellations led India to temporarily relax some night-duty rules for pilots earlier this month to help the airline stabilize operations, a move that drew criticism from pilot unions and safety advocates
**On December 18, India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by co following the flight disruptions
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
India's IndiGo slips after co boosts pilot allowances
** Shares of IndiGo INGL.NS closed down 1.5% at 5,008 rupees - lowest since December 18
** Co has introduced new pilot allowances and raised some existing ones, in a sign seeking to boost pilot morale weeks after mass flight cancellations linked to poor roster planning left passengers stranded
** Stock is down ~15% in December due to disruption in operations
** India's largest airlines' market share fell m/m to 63.6% in November vs 65.6% in October, official data shows
** Stock rated "buy" on average; median PT 6,000 rupees - data compiled by LSEG
** YTD, INGL shares up 10% vs 9.7% gains in Nifty 50 index .NSEI
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
** Shares of IndiGo INGL.NS closed down 1.5% at 5,008 rupees - lowest since December 18
** Co has introduced new pilot allowances and raised some existing ones, in a sign seeking to boost pilot morale weeks after mass flight cancellations linked to poor roster planning left passengers stranded
** Stock is down ~15% in December due to disruption in operations
** India's largest airlines' market share fell m/m to 63.6% in November vs 65.6% in October, official data shows
** Stock rated "buy" on average; median PT 6,000 rupees - data compiled by LSEG
** YTD, INGL shares up 10% vs 9.7% gains in Nifty 50 index .NSEI
(Reporting by Brijesh Patel in Bengaluru)
(([email protected]; Ph no. +91 9590227221;))
India's IndiGo to boost pilot allowances, weeks after mass flight cancellations
Adds background on India relaxing rules for IndiGo in paragraph 10
By Abhijith Ganapavaram
NEW DELHI, Dec 29 (Reuters) - IndiGo INGL.NS has introduced new pilot allowances and raised some existing ones, in a sign India's largest airline is seeking to boost pilot morale weeks after mass flight cancellations linked to poor roster planning left passengers stranded.
The airline will increase layover allowances to 3,000 rupees ($33.37) from 2,000 rupees for captains, and to 1,500 rupees from 1,000 rupees for first officers, according to an email sent to pilots by Ashim Mittra, senior vice president for flight operations.
Allowances for "deadheading" - a practice where airline crew travel as passengers to position themselves for future duty - will be raised to 4,000 rupees from 3,000 rupees for captains, and by 500 rupees to 2,000 rupees for first officers, the email said.
IndiGo, which according to government data employs roughly 5,000 pilots, did not immediately respond to a request for comment.
The airline, which commands a 65% domestic market share, is facing increased regulatory scrutiny and a competition probe after it cancelled about 4,500 flights earlier this month, leaving hundreds of thousands of passengers stranded all over India and throwing airports into chaos.
The cancellations prompted India to temporarily relax some rules around night duty for pilots earlier this month to help the airline stabilise its operations, a move that invited criticism from pilot unions and safety advocates.
A committee appointed by India's aviation regulator to probe the circumstances that led to the cancellations submitted its report last week, the civil aviation ministry has said.
Moody's Ratings has warned that IndiGo could face "significant financial damage" from revenue losses due to cancellations, refunds to customers and penalties imposed by India.
The move to raise some allowances and introduce new ones, effective January 1, came after IndiGo executives visited different bases to hold talks with pilots, Mittra said in the email seen by Reuters.
Indian airlines also face competition to prevent pilots being poached by foreign carriers, who promise better pay and quality of life, prompting the Indian government to call for a global code of conduct on pilot hiring.
($1 = 89.8970 Indian rupees)
(Reporting by Abhijith Ganapavaram; Editing by Jan Harvey)
((Email: [email protected]; Mobile: +91-9019785574;))
Adds background on India relaxing rules for IndiGo in paragraph 10
By Abhijith Ganapavaram
NEW DELHI, Dec 29 (Reuters) - IndiGo INGL.NS has introduced new pilot allowances and raised some existing ones, in a sign India's largest airline is seeking to boost pilot morale weeks after mass flight cancellations linked to poor roster planning left passengers stranded.
The airline will increase layover allowances to 3,000 rupees ($33.37) from 2,000 rupees for captains, and to 1,500 rupees from 1,000 rupees for first officers, according to an email sent to pilots by Ashim Mittra, senior vice president for flight operations.
Allowances for "deadheading" - a practice where airline crew travel as passengers to position themselves for future duty - will be raised to 4,000 rupees from 3,000 rupees for captains, and by 500 rupees to 2,000 rupees for first officers, the email said.
IndiGo, which according to government data employs roughly 5,000 pilots, did not immediately respond to a request for comment.
The airline, which commands a 65% domestic market share, is facing increased regulatory scrutiny and a competition probe after it cancelled about 4,500 flights earlier this month, leaving hundreds of thousands of passengers stranded all over India and throwing airports into chaos.
The cancellations prompted India to temporarily relax some rules around night duty for pilots earlier this month to help the airline stabilise its operations, a move that invited criticism from pilot unions and safety advocates.
A committee appointed by India's aviation regulator to probe the circumstances that led to the cancellations submitted its report last week, the civil aviation ministry has said.
Moody's Ratings has warned that IndiGo could face "significant financial damage" from revenue losses due to cancellations, refunds to customers and penalties imposed by India.
The move to raise some allowances and introduce new ones, effective January 1, came after IndiGo executives visited different bases to hold talks with pilots, Mittra said in the email seen by Reuters.
Indian airlines also face competition to prevent pilots being poached by foreign carriers, who promise better pay and quality of life, prompting the Indian government to call for a global code of conduct on pilot hiring.
($1 = 89.8970 Indian rupees)
(Reporting by Abhijith Ganapavaram; Editing by Jan Harvey)
((Email: [email protected]; Mobile: +91-9019785574;))
Indian Airline Indigo Faces Penalty Of 587.5 Million Rupees
Dec 12 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - INDIGO FACES PENALTY OF 587.5 MILLION RUPEES
INDIGO - TAX DEPARTMENT HAS RAISED DEMAND ALONG WITH PENALTY
Source text: ID:nNSE7ZffFm
Further company coverage: INGL.NS
(Reporting by Abhirami G from Bengaluru)
(([email protected];))
Dec 12 (Reuters) - Interglobe Aviation Ltd INGL.NS:
INDIGO - INDIGO FACES PENALTY OF 587.5 MILLION RUPEES
INDIGO - TAX DEPARTMENT HAS RAISED DEMAND ALONG WITH PENALTY
Source text: ID:nNSE7ZffFm
Further company coverage: INGL.NS
(Reporting by Abhirami G from Bengaluru)
(([email protected];))
India Aviation Minister Will Consider Removing Indigo Capacity Cuts Once Airline Presents Plan
Interglobe Aviation Ltd INGL.NS:
INDIA AVIATION MINISTER: WILL CONSIDER REMOVING INDIGO CAPACITY CUTS ONCE AIRLINE PRESENTS PLAN
INDIA AVIATION MINISTER: INDIGO DID NOT HIRE PILOTS FOR LAST SIX MONTHS
Source text: [ID:]
Further company coverage: INGL.NS
Interglobe Aviation Ltd INGL.NS:
INDIA AVIATION MINISTER: WILL CONSIDER REMOVING INDIGO CAPACITY CUTS ONCE AIRLINE PRESENTS PLAN
INDIA AVIATION MINISTER: INDIGO DID NOT HIRE PILOTS FOR LAST SIX MONTHS
Source text: [ID:]
Further company coverage: INGL.NS
Indian Airline IndiGo's Chairman Says To Involve External Experts To Determine Root Cause Of Disruptions
Dec 10 (Reuters) - IndiGo Chairman:
BOARD HAS DECIDED TO INVOLVE EXTERNAL TECHNICAL EXPERTS TO DETERMINE ROOT CAUSE - VIDEO
DID NOT ATTEMPT TO BYPASS NEW PILOT DUTY AND REST RULES
LAST WEEK'S EVENTS ARE A 'BLEMISH' ON THE AIRLINE'S RECORD
BUILDING PASSENGER TRUST WILL NOT BE EASY
Further company coverage: INGL.NS
(([email protected];))
Dec 10 (Reuters) - IndiGo Chairman:
BOARD HAS DECIDED TO INVOLVE EXTERNAL TECHNICAL EXPERTS TO DETERMINE ROOT CAUSE - VIDEO
DID NOT ATTEMPT TO BYPASS NEW PILOT DUTY AND REST RULES
LAST WEEK'S EVENTS ARE A 'BLEMISH' ON THE AIRLINE'S RECORD
BUILDING PASSENGER TRUST WILL NOT BE EASY
Further company coverage: INGL.NS
(([email protected];))
India Civil Aviation Minister On Indigo Crisis Conducting An Inquiry And Will Take Action To "Set An Example" For All Airlines
Interglobe Aviation Ltd INGL.NS:
INDIA CIVIL AVIATION MINISTER ON INDIGO CRISIS: CONDUCTING AN INQUIRY AND WILL TAKE ACTION TO "SET AN EXAMPLE" FOR ALL AIRLINES
Source text: [ID:]
Further company coverage: INGL.NS
Interglobe Aviation Ltd INGL.NS:
INDIA CIVIL AVIATION MINISTER ON INDIGO CRISIS: CONDUCTING AN INQUIRY AND WILL TAKE ACTION TO "SET AN EXAMPLE" FOR ALL AIRLINES
Source text: [ID:]
Further company coverage: INGL.NS
India Aviation Regulator Grants One-Time 24 Hour Extension To Indigo For Response To Show-Cause Notice
Dec 7 (Reuters) -
INDIA AVIATION REGULATOR: DGCA GRANTS ONE-TIME 24 HOUR EXTENSION TO INDIGO FOR RESPONSE TO SHOW-CAUSE NOTICE
INDIA AVIATION REGULATOR: DGCA HAS GRANTED INDIGO A ONE-TIME 24-HOUR EXTENSION TO SUBMIT ITS RESPONSE TO THE SHOW-CAUSE NOTICE ISSUED ON 06 DECEMBER
INDIA AVIATION REGULATOR: EXTENDED INDIGO'S DEADLINE ONLY UNTIL 1800 HRS ON 08 DEC, NO FURTHER EXTENSIONS WILL BE PERMITTED
INDIA AVIATION REGULATOR: FAILURE TO SUBMIT A COMPREHENSIVE REPLY WITHIN THE EXTENDED TIMELINE WILL RESULT IN THE REGULATOR PROCEEDING EX-PARTE
INDIA AVIATION REGULATOR: CONTINUES TO MONITOR THE SITUATION CLOSELY
INDIA AVIATION REGULATOR: REMAINS COMMITTED TO ENSURING PASSENGER SAFETY, REGULATORY COMPLIANCE, TIMELY RESTORATION OF NORMAL AIRLINE OPERATIONS
(([email protected];))
Dec 7 (Reuters) -
INDIA AVIATION REGULATOR: DGCA GRANTS ONE-TIME 24 HOUR EXTENSION TO INDIGO FOR RESPONSE TO SHOW-CAUSE NOTICE
INDIA AVIATION REGULATOR: DGCA HAS GRANTED INDIGO A ONE-TIME 24-HOUR EXTENSION TO SUBMIT ITS RESPONSE TO THE SHOW-CAUSE NOTICE ISSUED ON 06 DECEMBER
INDIA AVIATION REGULATOR: EXTENDED INDIGO'S DEADLINE ONLY UNTIL 1800 HRS ON 08 DEC, NO FURTHER EXTENSIONS WILL BE PERMITTED
INDIA AVIATION REGULATOR: FAILURE TO SUBMIT A COMPREHENSIVE REPLY WITHIN THE EXTENDED TIMELINE WILL RESULT IN THE REGULATOR PROCEEDING EX-PARTE
INDIA AVIATION REGULATOR: CONTINUES TO MONITOR THE SITUATION CLOSELY
INDIA AVIATION REGULATOR: REMAINS COMMITTED TO ENSURING PASSENGER SAFETY, REGULATORY COMPLIANCE, TIMELY RESTORATION OF NORMAL AIRLINE OPERATIONS
(([email protected];))
India suspends two rules governing night working hours for IndiGo pilots
Adds details from government spokesperson throughout
NEW DELHI, Dec 5 (Reuters) - The Indian government said on Friday it has suspended two rules governing pilots' night working hours to help the country's largest carrier IndiGo tide over its current crisis sparked by a shortage of aviators.
A spokesperson for India's aviation ministry clarified comments from minister Ram Mohan Naidu, who earlier said pilot rest and duty rules were suspended without providing more details. The suspension of the two rules is applicable only to IndiGo, the spokesperson added.
(Reporting by Abhijith Ganapavaram, Editing by Alexandra Hudson)
((Email: [email protected]; Mobile: +91-9019785574;))
Adds details from government spokesperson throughout
NEW DELHI, Dec 5 (Reuters) - The Indian government said on Friday it has suspended two rules governing pilots' night working hours to help the country's largest carrier IndiGo tide over its current crisis sparked by a shortage of aviators.
A spokesperson for India's aviation ministry clarified comments from minister Ram Mohan Naidu, who earlier said pilot rest and duty rules were suspended without providing more details. The suspension of the two rules is applicable only to IndiGo, the spokesperson added.
(Reporting by Abhijith Ganapavaram, Editing by Alexandra Hudson)
((Email: [email protected]; Mobile: +91-9019785574;))
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What does Interglobe Aviation do?
InterGlobe Aviation is engaged in the business of aviation, hospitality, logistics, technology, airline management, advanced pilot training and aircraft maintenance engineering. The company is in the low cost carrier (LCC) segment of the airline industry in India. The principal activities of the company comprise of air transportation which includes passenger and cargo services and providing related allied services including in-flight sales.
Who are the competitors of Interglobe Aviation?
Interglobe Aviation major competitors are SpiceJet, Global Vectra Helico. Market Cap of Interglobe Aviation is ₹1,87,942 Crs. While the median market cap of its peers are ₹1,353 Crs.
Is Interglobe Aviation financially stable compared to its competitors?
Interglobe Aviation seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Interglobe Aviation pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Interglobe Aviation latest dividend payout ratio is 5.32% and 3yr average dividend payout ratio is 5.32%
How has Interglobe Aviation allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments
How strong is Interglobe Aviation balance sheet?
Balance sheet of Interglobe Aviation is moderately strong.
Is the profitablity of Interglobe Aviation improving?
No, profit is decreasing. The profit of Interglobe Aviation is ₹3,211 Crs for TTM, ₹7,258 Crs for Mar 2025 and ₹8,172 Crs for Mar 2024.
Is the debt of Interglobe Aviation increasing or decreasing?
Yes, The net debt of Interglobe Aviation is increasing. Latest net debt of Interglobe Aviation is -₹19,482.5 Crs as of Sep-25. This is greater than Mar-25 when it was -₹36,124 Crs.
Is Interglobe Aviation stock expensive?
Interglobe Aviation is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Interglobe Aviation is 58.51, while 3 year average PE is 15.44. Also latest EV/EBITDA of Interglobe Aviation is 9.76 while 3yr average is 21.9.
Has the share price of Interglobe Aviation grown faster than its competition?
Interglobe Aviation has given better returns compared to its competitors. Interglobe Aviation has grown at ~19.29% over the last 10yrs while peers have grown at a median rate of -3.0%
Is the promoter bullish about Interglobe Aviation?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Interglobe Aviation is 41.58% and last quarter promoter holding is 41.58%.
Are mutual funds buying/selling Interglobe Aviation?
The mutual fund holding of Interglobe Aviation is increasing. The current mutual fund holding in Interglobe Aviation is 20.73% while previous quarter holding is 17.23%.
