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Indigo Books and Music Inc (IDG.TO)

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Fri, Sep 7 2018

BUZZ-India's InterGlobe Aviation, SpiceJet rise on report of cargo business plan

** InterGlobe Aviation Ltd, which operates top Indian airline IndiGo, rises as much as 3.9 pct to 919.45 rupees, while SpiceJet Ltd gains 3.8 pct to 80.95 rupees

MEDIA-India's IndiGo, SpiceJet eye cargo business - Economic Times

- Note: Reuters has not verified this story and does not vouch for its accuracy

Qatar Airways rethinks Indian plans due to foreign ownership rules

NEW DELHI Qatar Airways is reviewing plans for its own domestic Indian airline due to "confusing" foreign ownership rules and could work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday.

UPDATE 1-Qatar Airways rethinks Indian plans due to foreign ownership rules

NEW DELHI, Sept 4 Qatar Airways is reviewing plans for its own domestic Indian airline due to "confusing" foreign ownership rules and could work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday.

Qatar Airways rethinks Indian plans due to foreign ownership rules

NEW DELHI, Sept 4 Qatar Airways is reviewing plans for its own domestic Indian airline due to "confusing" foreign ownership rules and could opt to could work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday.

BUZZ-India's SpiceJet, IndiGo rise on strong July passenger data

** Shares of Indian airlines rise after data released http://dgca.nic.in/reports/Traffic-ind.htm by the Directorate General of Civil Aviation (DGCA) showed passengers carried by domestic airlines in July rose 20.8 pct y/y

BUZZ-India's InterGlobe Aviation sinks on weak June-qtr results

** Shares of InterGlobe Aviation Ltd plunge as much as 11.4 pct to 890.55 rupees, their biggest fall since March 2017

Fuel costs, plane delivery delays hit InterGlobe profit

NEW DELHI/BENGALURU InterGlobe Aviation Ltd, which operates top Indian airline IndiGo, on Monday reported its lowest quarterly profit in three years, with earnings hit by surging fuel costs and forex losses.

UPDATE 2-Fuel costs, plane delivery delays hit InterGlobe profit

* Deliveries of Airbus A320neo have resumed (Adds comments from IndiGo executives)

India's IndiGo grounds five Airbus planes after P&W engine glitches

IndiGo Airlines has grounded five Airbus A320neo planes at New Delhi airport after issues with Pratt & Whitney aircraft engines, India's biggest low-cost carrier said on Wednesday.

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