
Shares of InterGlobe Aviation, the parent company of IndiGo, rose by around 4% on November 11 after the airline announced a memorandum of understanding (MoU) with China Southern Airlines.
The agreement aims to establish a codeshare and mutual cooperation partnership that will enhance connectivity and travel options for passengers flying between India and China. The development marks a strategic move to strengthen international operations and network integration.
IndiGo stated that the partnership would allow customers to access China Southern Airlines’ extensive network beyond Guangzhou, enabling smoother travel across both countries. The collaboration is subject to regulatory approvals from the respective authorities.
IndiGo highlighted that the new arrangement will provide travellers with improved travel options and integrated itineraries across the two airlines’ joint network. The move comes as the airline continues to restore and expand its international routes, especially in the Asian region, where travel demand has been steadily recovering.
Commenting on the partnership, IndiGo CEO Pieter Elbers said, “We are happy to join hands with China Southern Airlines as we enhance connectivity between India and China. We recently reinstated our direct daily flights connecting Kolkata with Guangzhou followed by inaugurating a new direct service between Delhi and Guangzhou.
Now with this partnership, our joint customers will get the added convenience of booking seamlessly for travel across various parts of India and China on the joint network of IndiGo and China Southern Airlines.”
China Southern Airlines President and CEO Han Wensheng said, “China Southern Airlines highly values the development potential of the Indian market. Through cooperation with IndiGo, we will be able to further leverage each other’s advantages, offer a wider range of travel products, and give new momentum to the economic, cultural, and aviation exchanges between the two countries.”
This announcement follows IndiGo’s recent launch of direct daily flights from Delhi to Guangzhou, which began on November 10. Earlier, the airline resumed services between Kolkata and Guangzhou from October 26, marking the reinstatement of India-China routes that had been suspended since early 2020.
As of November 12, 2025, 12:21 PM, Interglobe Aviation Share Price was trading at ₹5,800, up 0.27% on Wednesday afternoon. Listed under BSE: 539448 and NSE: INDIGO, the company’s market capitalisation stands at ₹2,24,203 crore, with a 52-week high of ₹6,232 and a low of ₹3,830. The stock currently trades at a P/E ratio of 44.3, with a book value of ₹220 and a dividend yield of 0.17%.
InterGlobe Aviation operates as India’s largest passenger airline, serving 86 destinations, including 24 international ones. The airline holds a 62% market share in the domestic segment and around 18% in the international market, continuing to strengthen its presence across global aviation routes.
Read More:IndiGo Doubles Airbus A350-900 Orders: Solidifies Long- Haul Expansion Plans.
The new partnership between IndiGo and China Southern Airlines marks a progressive step towards strengthening air connectivity between India and China. With direct flights already operational and more routes expected in the future, the collaboration is set to enhance travel convenience and promote closer bilateral ties.
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Published on: Nov 12, 2025, 12:47 PM IST

Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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