In a recent development, the National Company Law Tribunal (NCLT) has issued a notice to SpiceJet, a prominent budget carrier in India, on a petition filed by Aircastle (Ireland) Ltd., an aircraft lessor. Aircastle is seeking the initiation of insolvency resolution proceedings against SpiceJet. The two-member Principal bench of the NCLT, led by President Ramalingam
Air India, the national carrier of India, has announced an extension of the waiver on rescheduling and cancellation charges for all flights to and from Manipur. This decision comes in light of the ongoing violence in the northeastern state and is aimed at facilitating the movement of passengers during this challenging time. The waiver will
The Imphal airport has implemented a series of measures to ensure smooth passenger movement following the recent unrest in Manipur, as announced by the Airports Authority of India (AAI). The airline has extended flight operations to operate round-the-clock to accommodate the increased demand. Additionally, the authorities have set up a Help Desk Counter at the
Chennai, India – Myanmar Airways International (MAI) has announced the commencement of direct non-stop flights between Chennai and Yangon, enhancing connectivity between the two countries. The private airline unveiled its latest route on Sunday, aiming to facilitate travel and foster stronger ties between India and Myanmar. The inaugural flight, operated by an Embraer E190LR aircraft,
According to a prominent official, the All India Bank Employees Association (AIBEA) intends to resist any attempt by banks to write off a portion of their loans to Go Airlines (India) Ltd, which belongs to the Wadia group, if the airline files a voluntary insolvency petition for that purpose. Expressing strong disapproval, C.H. Venkatachalam, the
In the ongoing battle for dominance in India’s aviation industry, Go Airlines India Ltd. has recently become the latest casualty. This unfortunate event follows a pattern seen before and is likely to be repeated in the future. With the growing aspirations of the middle class to travel by air, Indian airlines invested billions of dollars
Go First, the Wadia-owned airline has announced that it will be extending the flight cancellation of all its flights until May 12th due to operational reasons. The decision to cancel flights has been made to address ongoing issues related to pending dues, cash flow problems, and engine supply constraints. The airline has expressed its regret
Go First is currently awaiting the NCLT ruling on its voluntary insolvency resolution plea, while also facing the prospect of two additional insolvency petitions. The Wadia group owns the crisis-ridden airline, burdened with liabilities amounting to Rs 11,463 crore and experiencing a severe financial crunch. In an effort to address these challenges, the airline has
Air India has received over 700+ Pilot Job applications from pilots in just one week, demonstrating the high demand for employment. The airline, which already has more than 1,800 pilots, recently issued an advertisement for more than 1,000 pilots across its A320, B777, B787, and B737 fleet. The recruitment drive is in preparation for the
IndiGo, the Gurugram-based low-cost airline, has announced that its Airbus fleet is expected to be a bit lighter in weight following aviation safety regulator DGCA granting it approval to remove Technical Paper Manuals. This regulatory nod will allow the airline to remove Technical Paper Manuals weighing 40 kg from each aircraft cockpit of its Airbus
