IndiGo surges on launching connecting flights to Austria, France via Turkey

Interglobe Aviation is currently trading at Rs. 1913.90, up by 2.15 points or 0.11% from its previous closing of Rs. 1911.75 on the BSE.

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The scrip opened at Rs. 1904.90 and has touched a high and low of Rs. 1921.95 and Rs. 1888.45 respectively. So far 10567 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 2282.25 on 10-Feb-2022 and a 52 week low of Rs. 1513.30 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 1967.45 and Rs. 1876.40 respectively. The current market cap of the company is Rs. 73675.82 crore.

The promoters holding in the company stood at 71.93%, while Institutions and Non-Institutions held 25.90% and 2.18% respectively.

In its bid to strengthen international connectivity, InterGlobe Aviation (IndiGo) has launched connecting flights to Austria and France via Turkey, through its codeshare partnership with Turkish Airlines.

The new routes from Istanbul to Paris, Lyon, Nice and Toulouse will be effective from November 30, 2022, and the route from Istanbul to Salzburg, Austria will be effective from December 01, 2022.

The new flights will provide customers with multiple options and easy access to international destinations for the upcoming holiday season.

The new flights are designed to cater to travellers who are constantly on the lookout for new and affordable flying options to access destinations which help in building businesses and are known for their tourist attractions.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.