IndiGo gains on inking pact with Norse Atlantic Airways for additional three wide-body Aircraft
Interglobe Aviation is currently trading at Rs. 4473.85, up by 31.80 points or 0.72% from its previous closing of Rs. 4442.05 on the BSE.
The scrip opened at Rs. 4455.05 and has touched a high and low of Rs. 4520.00 and Rs. 4401.70 respectively. So far 10650 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5033.20 on 12-Sep-2024 and a 52 week low of Rs. 3015.10 on 11-Mar-2024.
Last one week high and low of the scrip stood at Rs. 4585.80 and Rs. 4401.70 respectively. The current market cap of the company is Rs. 172925.79 crore.
The promoters holding in the company stood at 49.27%, while Institutions and Non-Institutions held 46.03% and 4.69% respectively.
InterGlobe Aviation (IndiGo) has entered into another Firm Agreement with Norse Atlantic Airways for Damp lease of three Boeing 787-9 aircraft. These aircraft will be arriving in India in the second half of 2025 and will be serving long-haul routes out of India. This significant milestone affirms IndiGo’s strategic commitment to broadening its global presence and offering its customers a wider range of travel opportunities.
On February 6, 2025, IndiGo had signed a firm damp lease agreement with Norse Atlantic for one Boeing 787-9, the delivery of which is on-track, and it is scheduled to start operations on airline’s Delhi-Bangkok route from March 1, 2025. These additional three damp-leases will bring the total to four and IndiGo and Norse continue to explore opportunities to broaden the cooperation and possibility for contracting more aircraft.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
