• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Tuesday, October 14, 2025
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Read a ride Aerospace

Indigo airline claims world’s third most valuable title with $17.5 bn market cap

David Ijaseun by David Ijaseun
April 12, 2024
in Aerospace, Business
0
Indigo airline
502
SHARES
6.7k
VIEWS
Share on FacebookShare on Twitter

IndiGo, the Indian carrier, has surpassed Southwest Airlines to claim the title of the world’s third most valuable airline. With a market capitalization of INR1.466 trillion ($17.5 billion), the airline’s stock price has soared, reflecting investor confidence and a strong performance in the market.

The rise in IndiGo’s market cap marks a milestone for the airline, which trades as InterGlobe Aviation on the BSE and The National Stock Exchange of India (NSE). The airline’s stock price has increased as much as 27.6 per cent over the past few months, closing at INR2,975.65 ($35.69) on January 2, 2024, and reaching INR3,796.55 ($45.54) on April 10.

READ ALSO

Flexjet orders 300 windowless ‘Phantom 3500’ jets in $10bn deal

Gulfstream’s $28m G300 jet sets new standard in super-midsize luxury travel

While IndiGo has made significant strides in the market, it still trails behind Delta Air Lines and Ryanair, the two most valuable airline companies globally. Delta Air Lines, the second-largest airline in the world by market capitalization, ended the day’s trading at $46.24, with a market cap of $29.8 billion on April 10. Ryanair, the Ireland-based low-cost carrier group, remains the most valuable airline company in the world, with a market cap of $33.2 billion on the Nasdaq stock market.

IndiGo’s rise in market capitalization is a testament to its strong performance and strategic vision. As the airline continues to expand its operations and strengthen its position in the market, it is poised to achieve even greater success in the future.

Tags: Around the worldcommercial airlines

Related Posts

Phantom 3500 windowless jet
Aerospace

Flexjet orders 300 windowless ‘Phantom 3500’ jets in $10bn deal

October 13, 2025
Gulfstream G300
Business

Gulfstream’s $28m G300 jet sets new standard in super-midsize luxury travel

October 7, 2025
Nord Motors SUV
Business

Minister backs Nigerian innovation, picks Nord Demir as official vehicle

October 5, 2025
Uber for women in South Africa
Business

Uber launches women-only rides in South Africa to boost safety and trust

October 2, 2025
Porsche Italia & Ferragamo - 911 and Taycan Models
Business

Investors punish Porsche as EV rollout stalls and profit forecast drops to record low

September 24, 2025
BMW Art Car
Business

BMW celebrates 50 years of art cars at Türkiye’s biggest art fair

September 22, 2025
Next Post
Southwest Airlines

Domino effect: Alaska Airlines 737 MAX incident leads to Southwest delivery delays

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

Oyo State Governor gifts Saheed Osupa Toyota Prado SUV worth ₦70M 

August 22, 2023

EDITOR'S PICK

The Laraki Sahara

King Mohammed VI buys Morocco’s only two hypercars worth $4.4m

February 23, 2025

What Your Legs Could Be Telling You About Your Heart Health

May 4, 2023
Phantom 3500 jet

Otto Aviation’s Phantom 3500 jet targets zero-emissions flight by 2030

June 19, 2025
Nigeria and South Korea forge green tech alliance to boost jobs, clean energy

Nigeria and South Korea forge green tech alliance to boost jobs, clean energy

April 30, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • UK drivers sue carmakers over diesel test ‘cheating’ in £6bn case
  • Driver dies in Xiaomi EV fire, shares dive over 8%
  • Lucid Motors gains ground as Tesla’s model S loses shine after 12 years
  • Volvo offers free upgrades to EX90 owners in move to win back trust

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In