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
Go First is currently awaiting the NCLT ruling on its voluntary insolvency resolution plea, while also facing the prospect of two additional insolvency petitions. The Wadia group owns the crisis-ridden airline, burdened with liabilities amounting to Rs 11,463 crore and experiencing a severe financial crunch. In an effort to address these challenges, the airline has
Air India has received over 700+ Pilot Job applications from pilots in just one week, demonstrating the high demand for employment. The airline, which already has more than 1,800 pilots, recently issued an advertisement for more than 1,000 pilots across its A320, B777, B787, and B737 fleet. The recruitment drive is in preparation for the
IndiGo, the Gurugram-based low-cost airline, has announced that its Airbus fleet is expected to be a bit lighter in weight following aviation safety regulator DGCA granting it approval to remove Technical Paper Manuals. This regulatory nod will allow the airline to remove Technical Paper Manuals weighing 40 kg from each aircraft cockpit of its Airbus
Vistara, a full-service carrier, announced on Thursday that it flew a Boeing 787 aircraft on the Delhi-Mumbai route, utilizing sustainable aviation fuel (SAF). According to the airline’s statement, this marks the first time an Indian carrier has flown a domestic commercial flight on a wide-body aircraft, blending 17% SAF with 83% conventional jet fuel. Vistara
On Thursday, numerous pilots, including those from the crisis-ridden Go First airline, gathered at a Tata group hotel near Delhi to participate in walk-in interviews with Air India, a subsidiary of the conglomerate. Go First’s declaration of bankruptcy on Tuesday, as the demand for post-pandemic air travel increased in the world’s most populous country, caught
India, being one of the largest aviation markets in the world, has a huge opportunity for providing financing up to USD 100 billion in the aircraft leasing segment in the next 20 years, according to advisory firm Primus Partners. The expected demand for approximately 2,100 aircraft in the next two decades presents a significant opportunity
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
According to SpiceJet CEO Ajay Singh, there is a need for more reasonable airfares in the country. He also addressed concerns about a potential increase in airfares due to Go First’s voluntary insolvency filing, stating that it is a “temporary phenomenon.” Singh expressed his hope that the airline can use this situation to resolve its
On Thursday, Go First, owned by the Wadia group, requests several interim measures from the National Company Law Tribunal (NCLT), including preventing lessors from reclaiming planes and the regulator DGCA from taking any negative action against the airline, which is in crisis. The airline, which has liabilities amounting to Rs 11,463 crore, requested voluntary insolvency
