September 22, 2014 6:32 PM ET

Hotels, Restaurants and Leisure

Company Overview of InterGlobe Enterprises Limited

Company Overview

InterGlobe Enterprises Limited, through its subsidiaries, provides aviation and travel related services. It also operates an airline and hotels. In addition, the company provides business process outsourcing and IT services to travel, transportation, and hospitality industries. Further, it offers travel technology solutions. Furthermore, the company provides airline management services, such as duty-free operations, ground handling, and cabin crew management, as well as provides various products ranging from executive jets to luxury yachts, and sports cars to mini submarines. InterGlobe Enterprises Limited was founded in 1989 and is headquartered in Gurgaon, India with additional offices int...

Block 2B, DLF Corporate Park

DLF City Phase III

Gurgaon,  122002

India

Founded in 1989

Phone:

91 12 4235 8201

Key Executives for InterGlobe Enterprises Limited

Group Managing Director and Director
Executive Chairman
Controller Finance
Advisor and Chief Executive Officer of InterGlobe Air Transport
Chief Executive Officer of InterGlobe Hotels and President of InterGlobe Hotels
Compensation as of Fiscal Year 2014.

InterGlobe Enterprises Limited Key Developments

InterGlobe Enterprises Reportedly In Talks To Sell Hudson News Cafe Business

InterGlobe Enterprises Limited is talking to potential buyers for its Hudson News Cafe convenience stores at Delhi Metro stations, reported MINT citing two people familiar with the negotiations. One of the two people said, "Retail is not its (Interglobe's) core business. The move is indicative of their exit from retail altogether." Both the people declined to be named. An InterGlobe spokesman said by an email, "The company was evaluating options, including looking at rationalizing the location of a few outlets in consultation with Delhi Metro Rail Corp. Ltd." An executive at a Delhi-based retailer, who spoke on condition that neither he nor his firm be named, said, "We have been in talks with various chains including Hudson, but no deal has been inked."

InterGlobe Enterprises and CAE Inc. Inaugurates CAE Simulation Training Private Limited

InterGlobe Enterprises and CAE Inc. inaugurated their ultra-modern pilot training facility in Greater Noida, National Capital Region (NCR). The centre, CAE Simulation Training Private Limited (CSTPL), is a joint venture between InterGlobe Enterprises and CAE. An investment of over $25 million has already been made in setting up the facility and equipment. During the inauguration ceremony, CAE and Interglobe announced a long-term pilot training services agreement with GoAir, a low-fare domestic carrier. Starting in December 2013, GoAir's A320 pilots will train at the facility. With its six simulator bays, the centre will have the capacity to train over 5,000 aviation professionals per year, and will be the largest such facility in India. The facility provides "wet" and "dry" type-rating, recurrent, conversion and jet indoctrination training for commercial aircraft pilots. It features two CAE Series 5000 A320 full-flight simulators certified level D. Pilots and students can benefit from advanced training technology such as CAE Simfinity multimedia classrooms, computer-based training and brief/debrief facilities. This will also be the first centre in India to impart Airbus certified training. The centre started operations in August 2013 and already provides training to IndiGo pilots. CSTPL is the fifth aviation training location that CAE operates in India. CAE already trains more than 1,500 crewmembers every year at its training centre in Bengaluru, the first independent training centre in India and the first to earn approval as a fixed-wing Type Rating Training Organization (TRTO). CAE also operates a joint venture helicopter training centre in Bengaluru equipped with the first advanced, full-fidelity helicopter simulators in India. In partnership with the Government of India, CAE also operates ab-initio flight schools in Gondia and Rae Bareli.

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