Interglobe Aviation Ltd News Today

Gangwal stepped down from the board of InterGlobe Aviation in 2022. At that time, he stated that he plans to reduce his stake in phases.

Gangwal and The Chinkerpoo Family Trust will offload the stake at a floor price of ₹5,175 per share.

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The airline informed that about 50 of its international routes will have to use extended travel sectors, resulting in slight tweaks to their existing schedules.

The airline claims that the penalty order will not have a significant impact on its financials, operations, or other activities.

IndiGo will operate six weekly flights between Mumbai and Krabi to start with, which it aims to increase to daily flights from March 30, 2025.

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According to the filing, the inter-corporate loan will help IndiGo IFSC meet "its funding requirements for the acquisition of aircraft".

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The offers will provide customers with a 15% discount on excess baggage that they can pay in advance and also up to 50% saving on FastForward service.