In a recent development, Pratt & Whitney, the renowned American aerospace manufacturer, has announced its intention to challenge Go Airlines (India) Ltd’s push to enforce an arbitration ruling against the company. The ruling stems from a dispute over the timely supply of spare engines, with Go First alleging that Pratt & Whitney’s failure to deliver
In a dramatic turn of events, Go First, the Indian budget airline owned by the Wadia group, is facing severe challenges as lessors have sought the deregistration of a significant portion of its aircraft fleet. Just days after the airline canceled all its flights due to financial constraints, lessors have submitted requests for the deregistration
Air India, under the ownership of Tata Sons since January 2022, has extended the deadline for employees to apply for voluntary retirement until May 31, 2023. The airline made this announcement on Monday, stating that the acceptance of applications and the release dates would still be subject to management discretion. Last year, when Tata Sons
Supreme Court Issues Notices to Centre, DGCA on Plea of Woman for Framing SOP on Air India Urination Case. Air India A bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala has taken cognizance of the woman’s plea and issued notices to the Centre, DGCA, and all airlines
Go First, an airline owned by the Wadia Group is facing scrutiny from the Directorate General of Civil Aviation (DGCA), the Indian aviation regulator. On Monday, the DGCA issued a show cause notice to Go First in response to the airline’s abrupt flight cancellations and its decision to initiate the corporate insolvency resolution process under
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
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
