airline industry
DGCA Asks Go First To Submit Comprehensive Revival Plan In 30 Days
Banking - Published date: .
Aviation watchdog DGCA has asked crisis-hit Go First to submit a comprehensive plan for the revival of its operations, a... Read more
HC Judge Rejects Pleas By Go First's Lessors For Release Of Leased Planes
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Justice Prathiba M Singh recused herself from hearing the four petitions without assigning any reason Read more
SpiceJet Hikes Salaries For Captain Pilots To Rs 7.5 Lakh Per Month
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Budget carrier SpiceJet on Tuesday announced hiking the salary for its captains to Rs 7.5 lakh per month for 75 hours of... Read more
Start-up Inxee Systems Develops New Smart Visual Docking Guidance System
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Startup Inxee Systems has developed a new Smart Visual Docking Guidance System (SVDGS) and it has been deployed at Kolka... Read more
Ex-Jet Airways Executive Sanjiv Kapoor Joins Airline Service Saudia Group
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Aviation industry veteran Sanjiv Kapoor, who stepped down as the CEO-Designate of Jet Airways last month, has joined Sau... Read more
Bombay Burmah Trading Corp's Go First Exposure Falls To Rs 65 Crore
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Bombay Burmah will also make a claim with the resolution professional appointed by the National Company Law Tribunal. If... Read more
Go First's Insolvency Flight Leaves Trail Of Concerns For Aircraft Lessors
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At least 50 requests to take back as many leased planes from two Indian airlines in less than two weeks. Petitions from ... Read more
Go First Files Suit Against Engine Maker, Legal Scene Shifts To US Court
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After getting what it had prayed for before the National Company Law Tribunal (NCLT), the legal scene now shifts to a US... Read more
Go First Saga: Lessors Seek To Deregister 9 More Planes Of The Airline
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As Go First awaits the NCLT verdict on its voluntary insolvency resolution plea, lessors have sought deregistration of n... Read more
Lessors Seek Deregistration Of 23 Go First Planes To Secure Their Assets
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Go First has 54 Airbus aircraft in its fleet and 26 of them were in operation until Tuesday when the airline filed its i... Read more
No-frills Carrier Go First Extends Booking Hold-up; NCLT Plea Today
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Lenders' meeting on the crisis remains inconclusive, to resume today Read more
Changes In Contract Within Boundaries Of Law: Air India Management
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Airline is framing policies for all employees which wasn't the case earlier and that requires superseding of previous po... Read more
CAPA Summit 2023: Air India Pushes For Data Exchange In Aviation Sector
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In the last 14 months, the airline has taken various measures to bring grounded aircraft back to service, refurbish airc... Read more
Domestic Flights Seen At 22,907 A Week This Summer, Up 4.4% From A Year Ago
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Carriers will fly from 110 airports including new ones such as Jeypore, CoochBehar, Hollongi, Jamshedpur, Pakyong and Mo... Read more
SpiceJet Extends ESOP Scheme To Mid-level Workers, Critical Resource Staff
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The airline's decision to grant ESOP scheme to mid-level employees comes at a time when 2 airlines -- revamped Jet Airwa... Read more
Air India Privatisation Reflects Govt Resolve To Bite Reform Bullet: CII
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The chamber said the time was right to expedite disinvestment efforts in the banking space, with privatisation of identi... Read more
InterGlobe Aviation Shareholders Approve Plan To Raise Rs 3,000 Crore
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Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise u... Read more
Air India Pilot Unions Warn Of 'industrial Action' Over Salary Cuts
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Disinvestment-bound Air India's pilot unions have rejected the five per cent rollback in their salary cuts Read more
Air India Gets Reprieve In UK Court Over Aircraft Lease Payments
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The Indian state-owned carrier has been seeking a buyer for some time now as the government wants to divest its 100 per ... Read more
Domestic Carriers May Post Loss Of Rs 21k Cr In FY21 On Revenue Loss: Icra
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The ratings agency has also revised downward its passenger traffic forecast with domestic passenger traffic estimated to... Read more