InterGlobe Aviation shares fly high

Shares of InterGlobe Aviation bounced back after three days of fall, rising 5.5 per cent after IndiGo placed a firm order for 300 A320neo family aircraft. The scrip climbed 5.36 per cent to Rs 1,485.95 on the BSE. On the NSE, it rose by 5.46 per cent to Rs 1,486.75. Continue Reading

Indigo planes with Pratt & Whitney-engines face issues

However, a senior DGCA official rebutted the allegations saying “some engines, which reported vibrations were within the limits prescribed by the US and European aviation safety regulators and they have been released for operations after boroscopic inspection.” Continue Reading