In a move that would further impact the bottom line of already struggling airlines, market leader IndiGo has launched a Diwali special sale across its network of 64 destinations. “Effective October 24, 2018 till October 26, 2018, IndiGo is offering customers all-inclusive fares starting from INR 899. The low-cost carrier is offering 10 lakh seats […]
Day: October 24, 2018
Indian carriers flew 18.95% more passengers during September: DGCA
Domestic airlines registered about 18.95% growth in passengers flown during September compared to that a year ago, data released by the aviation regulator showed. As per the data, released by the Directorate General of Civil Aviation (DGCA) on Wednesday, Indian carriers carried 11.5 million passengers during the month, up from 9.6 million in September 2017. […]
IndiGo posts Rs 6.52-bn net loss in Q2 as high oil prices, weak rupee weigh
Aviation company InterGlobe Aviation Ltd, which operates budget airline IndiGo, reported a net loss of Rs 6.52 billion for the quarter ended September 30, hurt by higher crude oil prices and a weaker rupee. The company had reported a profit of Rs 5.52 billion in the same period the previous year. The company said that […]
Test flight of driverless hover-taxi Volocopter to take place in Singapore
Test flights of a driverless hover-taxi will take place in Singapore next year, a German aviation firm said, the latest innovation to offer an escape from Asia’s monster traffic jams. Millions of commuters in the region’s cities have to contend with chronic gridlock every day, sparking a race to develop new ways to avoid the […]