The National Company Law Tribunal (NCLT) has scheduled the next hearing for aircraft lessor Wilmington’s insolvency plea against SpiceJet on June 16, 2023, according to news agency ANI. Wilmington had previously approached the NCLT to initiate insolvency proceedings against the airline. In May, Wilmington Trust SP Services, along with two other lessors, Sabarmati Aviation Leasing
In a recent development, it has been reported that the family of Rakesh Gangwal, co-founder of IndiGo Airlines, is considering the potential sale of a portion of their stake in InterGlobe Aviation Ltd, the parent company of the Indian airline. According to CNBC Awaaz, the family is likely to sell between 5-8% of their stake,
Yesterday, flight operations in Mumbai were disrupted by Cyclone Biparjoy. The city experienced heavy rain and gusty winds as the cyclone intensified into an extremely severe cyclonic storm and moved toward Gujarat. The adverse weather conditions in the evening resulted in the disruption of several flights. Passengers faced various inconveniences, including flight cancellations, delays, and
Air India has taken a significant step towards enhancing flight connectivity between Mangaluru and Mumbai by introducing a second daily flight on this route. The new flight service commenced operations on June 10, closely following IndiGo’s addition of a third daily flight on the Mumbai-Mangaluru route on May 22. Passengers can expect the introduction of
New Delhi – A Chennai-bound Indigo flight was forced to return to Indira Gandhi International Airport (IGIA) in Delhi shortly after take-off on Saturday night due to an engine snag, according to the Directorate General of Civil Aviation (DGCA). The incident occurred on IndiGo flight 6E-2789, which safely made an emergency landing back at the
Air India Express, a subsidiary of Air India, has announced the commencement of Haj flights from Kannur and Kozhikode airports in Kerala, India. On June 4, Air India Express will begin operating special charter flights from Kannur and Kozhikode airports in Kerala, India. The airline also decided to introduce these services after successfully securing the
Air India, under the leadership of Tata Group since January last year, is actively working towards enhancing its services. In its pursuit of improvement, the airline has implemented a digitalized customer feedback mechanism that involves sending out daily questionnaires to passengers. This proactive approach has yielded a positive response, with a significant number of customers
May has been a month marked by constant turbulence following the crash of Go First and the subsequent suspension of flights from May 3rd. The aftermath has led to increased airfares, concerns among aircraft lessors, and thousands of employees facing an uncertain future. Despite these challenges, efforts are underway to revive the budget airline, and
According to a report from CNBC-TV18, budget airline Go First has submitted its re-launch proposal to the Directorate General of Civil Aviation (DGCA). The airline plans to resume operations one week after receiving approval from the DGCA and the Committee of Creditors (CoC) for its business plan. The report states that Go First intends to
Airfares on several popular leisure routes have experienced a significant surge, causing inconvenience for summer tourists and disrupting their travel budgets. An example of this is the Delhi-Leh return fare, which recently reached Rs 52,000, equivalent to the fare for a return trip from Delhi to Paris. The current peak demand season has contributed to
