![IndiGo shares skid 4% amid block deal buzz; Bhatia promoter entity likely seller](https://images.assettype.com/fortuneindia%2F2024-04%2F9ad06bd3-75cb-4efe-9047-a01731a8158c%2FIndigo_NB_06645__1_.jpg?w=300&q=95)
IndiGo shares skid 4% amid block deal buzz; Bhatia promoter entity likely seller
Rahul Bhatia, the promoter and managing director of IndiGo, is looking to sell around 2% stake in the company through his entity Interglobe Enterprises.
Rahul Bhatia, the promoter and managing director of IndiGo, is looking to sell around 2% stake in the company through his entity Interglobe Enterprises.
Why India’s leading private airline IndiGo’s decision to introduce wide body aircraft for the first time received a muted response
With no discernible results in the service on offer or the bottomline, the large amounts spent by Tata Sons on Air India’s turnaround get harder to justify
IndiGo, which cornered over 60% of the domestic market share, is expecting early double-digit growth in its capacity in the next fiscal.
Aviation industry is expecting domestic traffic of 30 crore by 2030 from just 6 crore in 2014, says Jyotiraditya Scindia
Shares of SpiceJet rose 4% to ₹65.40 in intraday trade on the BSE.
India's aviation industry watches open-mouthed as Spicejet’s Ajay Singh attempts to take on more headaches than he already has
“With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again,” says CEO Pieter Elbers.
The Gurgaon-based budget carrier on Tuesday confirmed that it will submit a bid to buy a stake in Go First after conducting due diligence on the grounded airline.
Though the company has not revealed the date for starting international operations, it is aiming to target South Asia, Southeast Asia and the Middle East as popular destinations.