The aviation regulatory authority, DGCA, has announced its intention to conduct an assessment of Go First’s readiness prior to granting permission for the beleaguered airline to recommence its flight operations. Due to financial constraints, Go First halted its flight services on May 3 and is currently undergoing voluntary insolvency resolution procedures. On Tuesday, a high-ranking
In a new development surrounding the ongoing crisis at Go’s airline Go First, the suspended board members, led by chairman Varun Berry, have taken preemptive measures by filing caveat petitions in the Supreme Court. These petitions have been filed against four aircraft lessors – SMBC Aviation Capital, GY Aviation, SFV Aircraft Holdings, and Engine Leasing
Finance Minister Nirmala Sitharaman recently called on US-based aircraft manufacturer Boeing to increase its investment in India’s aerospace sector, emphasizing the country’s high growth trajectory in the aerospace and civil market. During a meeting with a delegation from Boeing, which included their global senior leadership team, Sitharaman highlighted the numerous opportunities available in India for
According to an official, Go First, the airline facing a crisis, is actively engaged in devising a strategy to recommence its operations as soon as possible. The National Company Law Tribunal (NCLT) accepted the airline’s voluntary plea on May 10, initiating insolvency resolution proceedings that the airline is currently undergoing. However, certain lessors who had
SpiceJet, a no-frills carrier, has announced an increase in the salary of its pilots to Rs 7.5 lakh per month for 75 hours of flying. The company made this decision on the occasion of its 18th anniversary, and the new salary structure will come into effect from May 16, 2023. In November 2022, the airline
According to the Directorate General of Civil Aviation (DGCA), Go First Airlines has recently clarified that they do not have a specific timeframe for the resumption of operations at this time. ANI reported that in response to the DGCA’s inquiry, the airline stated they have yet to determine a definite timeline for resuming their operations.
SpiceJet, the budget airline, has announced its plans to commence flights from the North East to Bangladesh and Myanmar by the end of June. Additionally, the airline aims to bring four grounded planes, including two Boeing 737 aircraft, back into service by June 15. As the airline celebrated its 18th anniversary of operations on Tuesday,
On Tuesday, the suspended board of Go First took action by filing caveats with the Supreme Court against four aircraft lessors associated with the airline, which has been facing a financial crisis. Varun Berry, the Chairman of the suspended board, submitted four caveats through his counsel, advocate Pranjal Kishore. This information is available on the
In a recent press release, budget carrier SpiceJet revealed its plans to reintroduce four of its grounded aircraft by June 15. This includes two Boeing 737s and two Q400s. Initially, the company had announced its intention to bring back a total of 25 grounded aircraft into service by the same date. As the company approached
Kolkata, India – In a bid to strengthen its domestic connectivity and cater to the increasing demand for international travel, low-cost carrier IndiGo has announced the introduction of biweekly flights between Bangkok and Kolkata starting June 3. The airline aims to provide customers with enhanced flight options and seamless connectivity within Southeast Asia. Vinay Malhotra,
