Sharma wrote, "Dear @IndiGo6E first you made us wait in the bus for 50 minz, and now your team is saying pilot is stuck in traffic, what ? Really ? we supposed to take off by 8 pm n it's 9:20, still there is no pilot in cockpit."

The actor-comedian slammed the apathy shown by the airline towards its passengers.

A total of 26,873 shares changed hands on the counter till 11:36AM (IST)

India's IndiGo has launched an AI chatbot, 6Eskai, which addresses customer queries in 10 languages and offers a unique ticket booking platform. The chatbot, powered by GPT-4 technology, has reduced 75% of customer service agent workload. With 1.7 trillion parameters, it can answer frequently asked questions and perform various functions, including flight bookings, discount coupons, web check-ins, and seat selection.

IndiGo has launched an AI chatbot, 6Eskai, powered by the GPT-4 technology with an aim to address travellers' queries in 10 different languages and to offer a first of its kind platform for booking tickets across the entire network.

At first, the airline asked the flyer to "check beneath the seat". Eventually, a crew member provided a spare cushion from another seat.

India's aviation sector is shifting from its price-sensitive comfort zone, where on-time performance is key, to a premium economy class. This hybrid approach allows for densification of the economy class without relying on business class revenue. IndiGo and Air India are enhancing their fleets to provide full-service and low-cost offerings.

​​ Noida International Airport (NIA) on Friday signed a Memorandum of Understanding (MoU) with IndiGo -- the country's largest airline -- which has agreed to become the launch carrier for the airport, the statement said.

IndiGo's flight from Jeddah to Hyderabad was diverted to Karachi due to a medical emergency for a passenger who was declared dead upon arrival. The flight departed Karachi after completing formalities and landed in Hyderabad at 09.08 IST. IndiGo is in touch with the deceased's family and offers their thoughts and prayers.

​​The airline, which has a domestic market share of more than 62 per cent, is expanding its operations. It has a fleet of more than 330 aircraft, and 970 planes are on order.

The stock traded at a P/E multiple of 17.88, while the price-to-book value ratio stood at -11.79.

IndiGo has declared its intention to contest the tax demand orders and pursue appropriate legal remedies. The airline has also alleged that it was not granted an opportunity for a personal hearing by the commissioner

Walchandnagar Ind said there is a strike by the labour union at Walchandnagar unit and operations are partially affected. There is no strike at Maharashtra, Dharwad plants.

The legroom, or seat pitch in industry jargon, in IndiGo's Airbus A320 and A321 aircraft is 30 inches on average at present, with three seats on each side. The airline is yet to determine how much more it will charge for premium seats, but customers who pay extra will receive priority boarding, complimentary in-flight food, and greater flexibility to make changes to their itinerary, said the person.

As per the filing, the revision to the taxable income on account of tax treatment of certain incentives received by the company from manufacturers with the acquisition of the aircraft and engine and disallowance of certain expenses has been confirmed without granting an opportunity of personal hearing and adjudicating the matter on merits. The company will contest the same and will take appropriate legal remedies, it said.

Morgan Stanley has said the near-term demand and airfare trends remain supportive. IndiGo will also benefit from consolidation in the aviation sector

IndiGo passengers traveling from Bengaluru to Chennai on a Sunday night flight claimed they were misled by airline staff, who asked them to disembark on the promise of an alternative flight. Stranded in Bengaluru, they spent the night and flew out the next morning. IndiGo confirmed the incident, saying that out of the six passengers two passengers were provided accommodation in a hotel while others preferred to spend the night at airport lounge. The affected passengers demand action for the inconvenience caused.

IndiGo achieved a significant milestone by surpassing 2000 planned flights per day, making it the first airline in India to do so. This marks a substantial increase in operational capacity. According to the latest data for October 2023, IndiGo is among the top 10 airlines globally in both frequency and seat capacity.

On the technical charts, the RSI of the stock stood at 55.02.

InterGlobe Enterprises (IGE), the promoter of Indias largest airline IndiGo, has tied up with a California-based electric vertical take-off and landing (eVTOL) vehicle startup Archer Aviation to launch an electric air taxi service in India by 2026.

A total of 4,550 shares changed hands on the counter till 12:53PM (IST).

The Dubai Air Show kicks off next week, promising to send 2023 off with a flurry of orders for Airbus SE and Boeing Co. The planemaking duopoly has already racked up commitments that stand at the highest since 2014 as they head into the event, where some of aviations biggest deals have been signed in the past.

IndiGo, India's largest airline, anticipates grounding around 80 of its aircraft between January and March next year due to ongoing issues with Pratt & Whitney engines used in Airbus A320 and A321 aircraft. This issue will be in addition to the 45 planes already grounded by the airline.

IndiGo expects to ground "mid-30s" aircraft in the fourth quarter due to a powder metal issue in Pratt & Whitney engines, which is in addition to the current Aircraft on Ground (AOG) count. This issue has been impacting the new generation GTF aircraft engines, leading to accelerated engine removals and subsequent groundings.

Motilal Oswal recommended Neutral rating on InterGlobe Aviation with a target price of Rs 2800 in its research report dated November 05, 2023.

A total of 7,103 shares changed hands on the counter till 11:42AM (IST).

Stocks that were in focus included names like IndiGo, which gained 1.94%, Nykaa, which jumped 5.06%, and JK Cement, whose shares increased 8.67% on Monday.

Much like its domestic strategy, IndiGo has focused on a fast expansion on international routes, too. The airline, which has more than 60% market share in the country, has added about 24 overseas routes to its network in the past one year, expanding nearly 32% since October last year. The international segment contributes 26% to IndiGo's traffic, up from 20% a year ago, and the target is to reach 30% by next year, said Elbers.

ICICI Securities is bullish on InterGlobe Aviation recommended buy rating on the stock with a target price of Rs 3328 in its research report dated November 05, 2023.

Elbers said that the precise timing or duration and the exact impact of aircraft groundings due to the powder metal issues is not known and P&W will come out with a timeline in the coming few months.

Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 3100 in its research report dated November 05, 2023.

During an interaction with reporters on Monday, Elbers said the airline has introduced a tool to analyse fatigue among pilots. "The best way to improve safety is to work in a transparent measure... We are taking the feedback (on pilots' fatigue) seriously". "... We will take international experience, what is the framework for working hours in EU, the US... how does it compare to the Indian framework," he said in response to queries about the issue of fatigue among pilots.

“We have recently concluded induction of another 11 planes which are coming in one by one. Going forward, we continue on that track. Only in the month of December, we get three more ATR aircraft coming in, so that is helpful. We got new airbuses coming in and we are evaluating a further increase of leased aircraft going forward.”

"We will continue our internationalisation," IndiGo chief Pieter Elbers said and added that currently, the airline operates around 500 routes, including 100 international ones.

Sequentially though, the bottomline was far lower than the Rs 3,091-crore profit posted in the June quarter, while revenue declined by more than 10% since the second quarter is typically a seasonally weak one for the sector.

Analysts have warned that the expected grounding of additional 26 percent capacities (for 300 days) due to issues with Pratt and Whitney engines will impact FY25 outcome

A total of 12,247 shares changed hands on the counter till 10:05AM (IST)

IndiGo, which had a fleet of 334 aircraft at the end of September, is taking various measures, including taking planes on wet lease, retaining ceo aircraft and also leasing additional ceo planes from the secondary market. Against the backdrop of powder metal issues flagged by P&W, IndiGo's Chief Financial Officer Gaurav M Negi said globally, the airline understands that a large number of incremental engines are being removed for shop visits between 2023 and 2026.

While IndiGo did not quantify how many aircraft it expects to be grounded after January 2024, CEO Pieter Elbers added that IndiGo is confident of meeting its guidance of 15-19% fleet expansion in 2023-24 compared to a year ago

The surge in revenue was led by a sharp rise in domestic travel during the quarter, as demand for domestic travel in India has continued to surge for the past three quarters.

As of 30-Sep-2023, promoters held 38.02 per cent stake in the company, while FIIs held 20.29 per cent and domestic institutional investors had 11.02 per cent.

Tata Motors reported a consolidated net profit of Rs 3,764 crore for the quarter ended September, against a net loss of Rs 945 crore a year ago.

Mahesh Kumar Malik has resigned from IndiGo as Chief Commercial Officer for domestic cargo, according to a regulatory filing. Malik has resigned with effect from November 1 citing personal reasons. The company had informed the bourses about the resignation on Wednesday also.

Senior Congress leader Jairam Ramesh has accused the private airline IndiGo of violating the Model Code of Conduct by making an announcement on two of its flights that praised Prime Minister Narendra Modi for something routine and then immediately encouraged passengers to vote in the upcoming state elections.

A total of 3,141 shares changed hands on the counter till 11:52AM (IST).

Commercial air services from Gondia airport were snapped in August last year when regional carrier flygbig stopped its services five months after their launch.

The stock quoted a 52-week high of Rs 2745.95 and a 52-week low of Rs 1676.0.

In a post on X, which appears to have been deleted subsequently, she expressed her disappointment, saying, "Very poor landing experience @IndiGo6E with a child. The purpose of giving strollers at a flight gate on departure is so it is returned at the gate on arrival, because you need strollers to carry a baby immediately. Handed over a stroller and car seat at the Dubai gate to be told we would get in at the gate in Mumbai.

The stock traded at a P/E multiple of 24.16, while the price-to-book value ratio stood at -11.79.

Spicejet’s and GoFirst’s YoY change has been a sharp dip of 33 percent and 100 percent.

The Edelweiss MD also urged the airline to enforce protocols in place while flying on international circuits.

“The 20-week average for the Nifty Smallcap Index is close to the 12,000 mark and we currently are at around 12,500. That is another 500 points lower for the Nifty Smallcap Index. So, we are not done here. In fact, the smallcap index has corrected slightly less than the midcap and so there is still more room for the smallcaps to correct relative to midcaps.”

#INDIGO BEST STOCK TO TRADE FOR INTRADAY BUYING ACTIVETimeframe 15 mins STOPLOSS to be placed at 2440

A total of 4,734 shares changed hands on the counter till 10:20AM (IST)

Adani Ports has incorporated a wholly-owned subsidiary company Udanvat Leasing IFSC Ltd with an authorised and paid-up share capital of Rs 2.5 crore divided into 25 lakh equity shares of Rs 10 each.

The stock quoted a 52-week high price of Rs 2745.95 and a 52-week low of Rs 1676.0.

#INDIGO INDIGO FLAG & IN RANGETRADE ON BREAKOUT SIDE

The stock quoted a 52-week high of Rs 2745.95 and a 52-week low of Rs 1676.0.

An IndiGo flight from Singapore to Bengaluru had to return to Singapore after the airline's service partner failed to offload baggage from an international flight. IndiGo apologized for the inconvenience caused to passengers and assured them that they were kept informed and provided with refreshments during the delay. This incident follows another oversight in Istanbul, where the airline forgot to put an elderly couple on their connecting flight to India.

A total of 2,626 shares changed hands on the counter till 12:53PM (IST).

The stock quoted a 52-week high of Rs 2745.95 and a 52-week low of Rs 1676.0.

Emkay Global Financial is bullish on InterGlobe Aviation has recommended buy rating on the stock with a target price of Rs 3000 in its research report dated October 15, 2023.

Spicejet shares recovered mildly in noon deals, and at 12:35 pm, the stock was trading at Rs 39.79 on NSE.

Rakesh Gangwal has no intention of investing in SpiceJet, said a banker close to him. Gangwal was responding to media reports that said he plans to buy a stake in the low-fare carrier. “He still owns 25% in IndiGo. It doesnt make the remotest sense for him to invest in SpiceJet,” said the banker.

In addition, according to the banker, Gangwal is reportedly upset since the rumours "misguided" retail investors and is considering to request market regulator SEBI to probe into the matter.

The news sent shares of SpiceJet up about 16%, while IndiGo shares rose 0.9%.

IndiGo recently imposed fuel surcharge, but none of its peers followed suit. Why? Because ‘normalcy has returned to the sector.

Over 76,000 passengers were affected by flight cancellations or delays of more than two hours by IndiGo and Air India in September, according to data from the Directorate General of Civil Aviation (DGCA). IndiGo accounted for 63.4% of total traffic, with 50,945 passengers affected by cancellations and 25,667 by delays.

September marks the seventh straight month when domestic air traffic in India has surpassed pre-Covid levels in India. Air traffic has returned to pre-Covid levels in India. In September 2019, domestic airlines carried 1.15 crore passengers

In 2012, the average price of an air ticket between Delhi and Mumbai in November cost Rs 5,392. In 2023, that ticket costs Rs 5,557- a meagre 3%. During that period an airline is paying 55% more for jet fuel and 127% more for landing at Mumbai airport.

Restaurant Brands Asia, which runs Burger King India, is seen reporting a quarterly loss of Rs 15.7 crore. While Kotak has a 'reduce' rating on the stock, Motilal has given a buy rating.

"We are thrilled to introduce these new routes from Salem to the vibrant cities of Bengaluru, Chennai, and Hyderabad. These direct routes not only provide convenient and cost-effective travel choices between these cities but also significantly reduce travel time," IndiGo, Head of Global Sales, Vinay Malhotra said.

Vivek Karwa, CEO of VRIDHI Investment, advises against being greedy in the stock market as there are always opportunities available. He suggests that a layman can approach investing by checking how long a company has been in business and looking at basic numbers such as net profit. He also recommends looking at the shareholding pattern of the company to see if reputable investors are involved.

A total of 25,730 shares changed hands on the counter till time (IST).

Increased demand and the absence of COVID-19 restrictions have caused prices for hotels, flights, and holiday packages to rise during the upcoming festive season in India. The bankruptcy of budget airline Go First has also led to a shortage of aircraft, further inflating air fares. Hoteliers have been compelled to increase room tariffs to take advantage of high demand.

The fuel charge is applicable on domestic and international routes, and will be effective from October 6, the firm said in a statement.

The Aviation Turbine Fuel constitutes a significant portion of an airline's operational expenditures, often requiring fare adjustments to accommodate the impact of increased costs.

IndiGo, India's largest domestic airline, has introduced a fuel charge of up to Rs 1,000 to offset the increasing cost of Aviation Turbine Fuel (ATF). The charge will apply to both domestic and international routes. Other airlines are expected to follow suit by either incorporating the charge into their base fare or implementing a similar surcharge. ATF accounts for over 40% of Indian carriers' operational expenses. The fuel charge will be based on distance, ranging from Rs 300 for distances up to 500 km to Rs 1,000 for distances over 3501 km.

Airline Indigo on Thursday introduced fuel charges due to rising ATF prices on its domestic and international routes. The said charges will come into effect from October 6. Under the new pricing structure, passengers booking Indigo flights to incur a fuel charge, per sector, based on sector distance.