IndiGo inches up on planning to commence operations with widebody aircraft on Delhi-Bangkok Route
Interglobe Aviation is currently trading at Rs. 4428.35, up by 0.30 points or 0.01% from its previous closing of Rs. 4428.05 on the BSE.
The scrip opened at Rs. 4430.50 and has touched a high and low of Rs. 4466.00 and Rs. 4420.00 respectively. So far 3464 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. 4375.00 respectively. The current market cap of the company is Rs. 170989.81 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) is all set to commence operations with its recently inducted wide body aircraft on the Delhi-Bangkok route from March 1, 2025. In view of the growing demand for air travel, the induction of a temporarily leased Boeing B787-9 wide body aircraft from Norse Atlantic comes ahead of IndiGo’s delivery of XLRs in FY2026 and A350s in 2027.
The wide body aircraft boasts a spacious double-aisle design, featuring 56 IndigoStretch seats in a comfortable 2x3x2 configuration, with an impressive 43-inch seat pitch. The economy class offers 282 seats in a 3x3x3 configuration, providing a generous 31-inch seat pitch for a relaxed travel experience. Earlier this year, IndiGo entered into damp lease agreement with Norse Atlantic Airways for a Boeing 787-9 aircraft. IndiGo will continue exploring opportunities to contract additional aircraft.
InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.
