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Source: Live Mint Airline loyalty programs, also known as frequent flyer programs (FFPs), have gained popularity in the last few years. These programs allow the earning and redemption of loyalty points (airmiles) on flight bookings. Banks like Axis Bank, HDFC Bank, American Express, etc. allow their credit card users to transfer reward points to these…
Source: Live Mint InterGlobe Aviation Ltd’s shares lost about 7% on Monday after higher costs marred the airline’s September quarter (Q2FY25) results, leading to a worse-than-estimated net loss of ₹990 crore. Naturally, the poor show has triggered a cut in earnings estimates for FY25 and FY26. InterGlobe runs IndiGo, India’s largest airline. Jefferies India has…
Source: Business Standard 2 min read Last Updated : Oct 15 2024 | 7:29 PM IST IndiGo, India’s largest airline, on Tuesday stated that its corporate venture capital fund called “IndiGo Ventures” has received approval from the Securities and Exchange Board of India (Sebi). “This fund will invest in startups that have the…
