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
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
On Thursday, Piyush Goyal, the Commerce and Industry Minister, expressed his desire to see greater involvement of US-based company Boeing in India. This comes after the recent large order of planes received by Tata Group-owned Air India from the American firm. In February, Air India announced the purchase of 470 narrow-body and wide-body planes from
Several airlines in India have failed in recent years, and Go First is just one of them. Filing for insolvency proceedings before NCLT, these airlines have either collapsed or been sold due to financial struggles, debt, and mismanagement. The private aviation industry in India has always been challenging due to factors such as high costs,
According to Astra Tech, Etihad Airways, the state carrier of Abu Dhabi, entered into an agreement on Tuesday to enable customers to book flights via artificial intelligence within the chat app BOTIM. On Monday, BOTIM relaunched as an “ultra app” with a range of new features. It is mainly recognized in the region as a
Boeing has revealed its ecoDemonstrator flight-test program’s plan for 2023. The initiative’s objective is to evaluate 19 technologies on its current Boeing 777 ecoDemonstrator while also introducing “Explorer” planes for testing specific technologies. The initial ecoDemonstrator Explorer will be the Boeing 787-10 Dreamliner. In June, this aircraft will undergo flight tests to demonstrate how the
Lufthansa, the European airline major, has announced its plan to tap the post-Covid growth opportunities in the Indian aviation market by launching new flights. The airline will be launching flights on Munich-Bangalore and Frankfurt-Hyderabad routes later this year. The first flight on the Munich-Bangalore route will be operated three times a week from November 3,
On April 26, the Directorate General of Civil Aviation (DGCA) directed Air India to deroster the entire crew of a Dubai-Delhi flight that took place on February 27, after an Air India pilot allowed a female friend into the cockpit during the flight. A cabin crew member had filed a complaint with the DGCA regarding
According to a release from the Ministry of Public Works, India, and Guyana have signed an Air Services Agreement (ASA) aimed at making travel between the two nations more convenient, as reported by News Room Guyana. During his 3-day visit to Guyana, External Affairs Minister S Jaishankar attended the signing of the agreement between the
Reports that an Air India pilot had entertained a female friend in the cockpit during a flight from Dubai to Delhi on February 27. The Directorate General of Civil Aviation (DGCA) has launched a thorough investigation into the incident. DGCA According to a senior DGCA official, an investigation team has been tasked with examining all
