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Tuesday, December 2, 2025
TopicIndigo

Topic: Indigo

IndiGo co-founder Rakesh Gangwal’s family to sell shares worth $450 million, CNBC-TV18 reports

The offer floor price for the sale by Gangwal and his wife Shobha is set at Rs 2,400 per share — nearly a 6% discount on the current market price.

IndiGo fined Rs 30 lakh for tail strikes. What they are & why they cause problems

A tail strike occurs when an aircraft's tail makes contact with runway during take-off or landing. IndiGo saw 4 tail strikes in 6 months, resulting in fine last week from DGCA.

DGCA slaps Rs 30 lakh fine on Indigo after special audit finds ‘deficiencies’

The special audit was carried out on the airline following a series of tail strike incidents on A321 aircraft this year.

‘To minimise potential impact’: IndiGo in talks with Pratt & Whitney amid latest engine probe

The Indian budget carrier placed a record order for 500 narrowbody jets from Airbus recently, while it already has 480 carriers in store from previous orders.

India’s aviation industry has no cycles of boom or bust. It’s constant headwinds, tailwinds

IndiGo and Air India have bought a record number of aircraft, 500 and 470. But India’s aviation industry bleeding red

Record jet orders by Air India, IndiGo boost domestic parts-making, aircraft repairs in India

The country's repair and overhaul industry is expected to grow to $4 billion by 2031, up from $1.7 billion in 2021, consultancy Deloitte said.

IndiGo places largest order in aviation history — 500 aircraft from Airbus

IndiGo, India's largest airline by market share, placed order months after rival Air India announced it would buy 470 aircraft — 250 from Airbus & 220 from Boeing.

GoFirst crisis: IndiGo biggest gainer; Air India too sees uptick in market share in May

Akasa Air saw an increase of 0.8% from 4% to 4.8%. However, SpiceJet, which is struggling with financial woes and grounded aircrafts, saw its market share fall to 5.4% in May from 5.8% in April.

IndiGo co-founder’s family likely to sell stake upto $909.58 million, reports CNBC Awaaz

Rakesh Gangwal and Rahul Bhatia, who co-founded IndiGo in 2006, fell out in early 2020 when the former sought to modify certain rules in the company's articles of association.

IndiGo announces 6 new direct flights to international destinations from Delhi & Mumbai

The flights to Kenya, Indonesia, Georgia, Azerbaijan, Uzbekistan and Kazakhstan will start from July this year.

On Camera

Why China targets Arunachal citizens — and how Nehru, Patel and Khathing saw it coming

After the illegal detention of Prema Wangjom Thongdok at Shanghai airport, China once again fell back on a deliberate playbook it has used for decades.

New cess on ‘pan masala’ to fund national security and healthcare programmes

The Health Security Se National Security Cess Bill, 2025, explained. Oppn has attacked the proposed cess as 'a new financial burden' on the citizens.

After Op Sindoor, India goes in for more Heron Mk IIs; Israel frontrunner for mega MALE drones deal

Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.