The European Union (EU) competition regulators have announced the reopening of an investigation into the 1-billion-euro ($1.1 billion) recapitalization of Swedish airline SAS by Denmark and Sweden. This decision comes after an EU court annulled the regulators’ previous ruling on the matter in 2020. In a statement released on Tuesday, the European Commission confirmed that
Passengers flying with SpiceJet Ltd., a financially struggling airline, have been experiencing the highest number of flight disruptions in India, which happens to be the world’s fastest-growing aviation market. As the busy summer travel season approaches, the Directorate General of Civil Aviation reported that only 61% of SpiceJet’s flights departed on time from the country’s
In a surprising turn of events, the strategic disinvestment of Pawan Hans has been canceled by the government. The bidding consortium Star9 Mobility Pvt Ltd, which emerged as the winning bidder, has been disqualified due to pending legal cases. The cancellation of the sale has left the future of the helicopter service provider, Pawan Hans,
New Delhi, July 3, 2023 – SpiceJet, one of India’s leading airline companies, announced on Monday that it has successfully completed the repayment of a loan worth Rs 100 crore to City Union Bank. With the payment of the final tranche of Rs 25 crore on June 30, 2023, SpiceJet has effectively closed the entire
Guwahati’s Lokpriya Gopinath Bordoloi International (LGBI) Airport experienced a significant upswing in passenger footfall in June 2023, with nearly five lakh travelers passing through its gates, representing a remarkable 15% increase compared to the same month last year. This surge in passenger traffic indicates a strong resurgence of air travel in the region after the
IndiGo, one of India’s leading airlines, has recently announced the commencement of its flight services to Tbilisi, the capital of Georgia. Starting from August 8, 2023, travelers can now book their tickets to this exciting destination. In a press release, IndiGo expressed its enthusiasm for introducing these new flights, stating that it not only caters
The price of jet fuel or ATF witnessed a 1.65 percent hike on Saturday, marking the first increase in rates after four months of reductions prompted by declining oil prices. In the national capital, the cost of Aviation Turbine Fuel (ATF) rose by Rs 1,476.79 per kilolitre, equivalent to 1.65 percent, reaching Rs 90,779.88 per
Starting Saturday, airline passengers who have already endured numerous weather-related flight delays may face additional disruptions. This is due to the anticipated activation of new 5G systems by wireless providers near major airports. Aviation groups have long expressed concerns about the potential interference of 5G signals with aircraft equipment, particularly devices that rely on radio
On Friday, the Ministry of Civil Aviation made an announcement, providing an update on the progress of the construction of the Ayodhya airport. They announced that they expect to finish the airport by September 2023. According to the ministry, the new airport will be designed to accommodate A-320/B-737 type of Aircraft and is being developed
The Directorate General of Civil Aviation (DGCA) has conducted a recent analysis of data revealing a significant decline in the average prices of air tickets on various domestic routes, including the popular Delhi-Mumbai route. This development comes as a relief to travelers who have experienced a sharp surge in airfares, particularly following the suspension of
