IndiGo has warned that the Iran war and the resulting surge in crude oil prices will hit travel demand during the summer season, although airlines are passing on more expenses to passengers. To ease pressure on margins, IndiGo started imposing fuel surcharge from ₹425 to ₹2,300 on March 14. (Reuters) The budget carrier, which has…
Shares of IndiGo operator InterGlobe Aviation Ltd hit their highest level in at least a week following the sudden resignation of CEO Peter Albers. Co-founder and managing director Rahul Bhatia has taken charge of the airline on an interim basis. A file photo of former IndiGo CEO Peter Elbers and MD Rahul Bhatia. (PTI) IndiGo…
Rahul Bhatia is back to lead the day-to-day operations of the airline he co-founded nearly two decades ago, amid turmoil that “should never have happened”. Rahul Bhatia, Co-Founder and Managing Director, InterGlobe Aviation (IndiGo). (ht) “I step into my expanded role of managing IndiGo’s affairs with a deep sense of responsibility not only to the…
