In a significant development, India is taking proactive measures to address the discrepancies between global aircraft leasing regulations and its national bankruptcy laws. The country’s aviation secretary revealed this information to Reuters on Monday, while attending the prestigious Paris Airshow. This initiative aims to facilitate the recovery of aircraft by lessors, particularly in the case
In a significant development for the Indian aviation industry, the Directorate General of Civil Aviation (DGCA) has granted permission to Vistara and IndiGo, two leading airlines in the country, to operate new international flights starting in August. The announcement was made by a senior official on Monday, indicating the DGCA’s confidence in the airlines’ capabilities
Akasa Air, India’s newest airline, is reportedly in talks with Boeing Co. to place a small follow-on order for 737 Max single-aisle jets. However, the discussions are contingent on the airline securing financing for the potential deal. Anonymous sources familiar with the matter anticipate that the negotiations will reach a finalization during the ongoing Paris
When you think of Singapore Airlines, the iconic “Singapore Girl” comes to mind—a symbol of grace, efficiency, attentiveness, modesty, and exoticism, who has been the airline’s mascot for nearly five decades. The Singapore Girl has become an emblem of outstanding customer service in the aviation industry. According to Reuters, Singapore Airlines recently announced the promotion
IndiGo, one of India’s leading airlines, is set to make a grand entrance at the Paris Air Show as it finalizes negotiations with Airbus SE for a record-breaking indigo 500-jet order. The proposed agreement, which would double IndiGo’s existing backlog, primarily focuses on A320neo family aircraft. Sources familiar with the negotiations have revealed that IndiGo
New Delhi, June 19, 2023 – In a recent development, the National Company Law Tribunal (NCLT) has adjourned the insolvency plea filed by aircraft lessor Wilmington SP Trust Services against SpiceJet, one of India’s leading budget airlines. The case has been listed for further hearing on July 17, providing temporary relief to SpiceJet. The senior
Mumbai, June 19, 2023: Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA), owned by the Adani Group, has reported a remarkable 23% year-on-year surge in passenger footfall for the month of May. The airport witnessed a surge in domestic and international passenger numbers, indicating a strong rebound in air travel. This positive trend can be attributed
IndiGo, one of India’s leading airlines, has been facing protests and criticism over the recent surge in airfares across the country. In response to these concerns, Pieter Elbers, the CEO of IndiGo, affirmed that pricing fluctuations in the airline industry are inevitable and will persist. During an interview with ETNow, Elbers acknowledged that the temporary
Akasa Air, one of India’s leading airlines, has recently announced the introduction of an enticing new food and beverage menu for passengers traveling across its network. The airline aims to enhance the in-flight dining experience with the launch of Café Akasa, an inflight meal service that offers a wide range of delectable options. The new
Singapore Airlines (SIA) has reiterated its stance that it has no plans to raise its stake in Air India beyond 25.1%, according to a spokesperson at the airline. The statement comes in response to a media report suggesting that SIA may increase its stake in the airline to 40%. The spokesperson categorically denied the report,
