In a recent announcement, Civil Aviation Minister Jyotiraditya Scindia unveiled the government’s ambitious plan for the country’s thriving aviation market. With the domestic aviation sector showing remarkable growth, Scindia emphasized the need for a “massive game plan” to harness its full potential. During the curtain raiser event for the upcoming ‘Wing India 2024’ conference in
In a recent development, the Supreme Court has granted SpiceJet, the Indian low-cost airline, an extension until July 18 to pay the settlement amount owed to Credit Suisse. The decision came during a hearing on Wednesday, presided over by Justices AS Bopanna and Hima Kohli. SpiceJet The settlement amount is part of a $24-million dispute
Go First, the low-cost airline owned by the Wadias has announced the cancellation of all flights until May 26, citing “operational reasons.” The airline had initially planned to resume flights on May 24 but has now extended the suspension. In a statement, Go First apologized for the inconvenience caused and directed customers to visit their
Aircastle, a lessor to Indian budget airline SpiceJet Ltd, informed a tribunal on Wednesday that settlement discussions regarding unpaid dues had yielded no conclusive results. Earlier this month, the Ireland-based lessor initiated bankruptcy proceedings against SpiceJet due to non-payment of lease rentals and other outstanding amounts. According to a lawyer present at the hearing, SpiceJet
According to the Directorate General of Civil Aviation (DGCA), several passengers were injured when a Delhi-Sydney Air India flight experienced intense turbulence while in mid-air on Tuesday. The incident occurred on May 16, and upon arrival at Sydney Airport, the injured passengers received medical assistance. Fortunately, none of the passengers required hospitalization, as stated by
Starting May 23, IndiGo, a low-cost airline, will begin operating direct flights between Goa and Dehradun, connecting these popular tourist destinations. The direct flight route will link Manohar International Airport (Mopa) in Goa with Jolly Grant Airport in Dehradun, Uttarakhand. Rohan Khaunte, the Minister of Tourism for Goa, has scheduled to board the inaugural flight
The insolvency resolution proceedings initiated by Go First Airline have raised concerns among aircraft lessors who are unable to reclaim the leased planes. These proceedings legally prevent lessors from repossessing the aircraft. The bankruptcy court’s decision will also increase India’s risk profile, leading to higher risk premiums charged by lessors to other local airlines. Consequently,
Akasa Air, a rapidly growing airline, has announced the expansion of its training and development center. The airline has expanded its training and development center, located in Gurugram, India, as part of the Akasa Air Learning Academy (AALA), which will actively train over 700 aviation professionals, which include pilots, cabin crew, engineers, and airport services
The NCLAT has scheduled a hearing for the appeal filed by three Go First lessors, namely SMBC Aviation Capital Ltd, SFV Aircraft Holdings, and GY Aviation Lease Court Ltd. The appeal is against the interim moratorium and insolvency resolution proceedings order issued by the NCLT. The hearing is set for Monday. NCLAT The NCLAT has
A spokesperson from the Wadia Group, owner of Go First airline, criticized AWG’s recent issuance of a “watch list notice” as displaying double standards. The spokesperson suggested that AWG should focus on ensuring its members adhere to international arbitration awards instead of issuing threatening notices to India and using the Cape Town Convention (CTC) to
