Topic
indigo
IndiGo Trials AI-Powered OptiClimb by SITA to Cut Fuel Burn During Take-Offs
IndiGo begins trials of SITA's AI-powered OptiClimb solution to reduce fuel consumption during the climb phase. The airline aims to save 60-65 kg per takeoff, with potential daily savings of tens of tonnes across its 2,000-odd flights. The trial runs on its Airbus fleet starting Thursday.
RIL, IndiGo, Nestle India Lead Stock Watchlist on June 16 as Analysts Issue New Ratings
Analysts from Morgan Stanley, Citigroup, Macquarie, Jefferies, and Nomura issued ratings on Reliance Industries, LG Electronics India, GMR Airports, Interglobe Aviation (IndiGo), and Nestle India on June 16. RIL is highlighted as a top pick with a target of Rs 1,803, while IndiGo's management focuses on pricing over capacity. Nestle India faces regulatory notice over Maggi larvae complaint, which it disputes.
IndiGo Halts Flights to Six Destinations Amid Cost Pressures
IndiGo has temporarily suspended flights to six international destinations, including Hong Kong and Shanghai, due to weak demand and rising costs. The suspension will last until September 30, with potential for earlier resumption if conditions improve.