An advertisement published in ET on Monday revealed that a resolution professional, who has been assigned to manage the insolvency proceedings of Go Airlines (India) Ltd, is now soliciting Expressions of Interest for the sale of the airline. Interested parties are invited to submit their proposals by August 9, as stated in the advertisement. The
Union Minister of Civil Aviation Jyotiraditya Scindia announced that starting from July 16, flights between Chennai and Sri Lanka’s Jaffna will be available on a daily basis, increasing the frequency from four times a week. This development not only enhances connectivity but also boosts trade and commerce. Scindia conveyed this information through a pre-recorded video
Air India’s CEO, Campbell Wilson, expressed his support for the Competition Commission’s request for additional information regarding the proposed merger between Air India and Vistara. Wilson stated that this request is a routine and vital aspect of the evaluation process. The merger was initially announced in November of last year, and regulatory approval was sought
In an unforeseen incident, on Friday evening, a Vistara flight en route to Kolkata experienced a technical snag, which compelled it to return to the national capital. The airline promptly responded to the situation, ensuring the safety and well-being of all passengers and crew members on board. Flight UK 707, operated by Vistara, departed from
In a significant setback for low-cost airline SpiceJet, the Supreme Court has denies granting an extension for the payment of Rs 578 crore to media baron Kalanidhi Maran and his company, Kal Airways. The payment is related to an arbitral award in a share-transfer dispute. The court dismissed SpiceJet’s request for more time, labeling the
Akasa Air, India’s newest airline, has taken a significant step towards enhancing domestic connectivity by introducing direct flights between Mumbai and Kolkata. This latest addition to their route network commenced operations on July 7, 2023, and is expected to offer greater convenience and accessibility to passengers traveling between these two major cities. The launch of
Officials have announced that the Airport Authority of India (AAI) has partnered with SITA, a leading global provider of airlines IT services solutions, to introduce cloud-based technologies for passenger and baggage processing in 43 airports nationwide. This collaboration aims to enhance more than 2,700 passenger touchpoints, enabling the implementation of innovative solutions that cater to
Airbus experienced a significant surge in demand from India in June, resulting in a total of 1,044 net orders for the first half of the year, according to recent data. The company officially recorded orders for 500 aircraft from IndiGo, a budget carrier, and 250 from Air India, which were announced or finalized during the
According to the resolution professional of the grounded airline, Go First, it plans to challenge the Delhi High Court’s ruling that allows its lessors to inspect the aircraft. The resolution professional points out inconsistencies between this order and the one issued by the National Company Law Tribunal (NCLT) in the case. Go First, a cash-strapped
Akasa Air, a relatively new player in the aviation industry, has announced its plans to expand its workforce and fleet size. Despite recent reports suggesting a high attrition rate among cabin crew members, the airline remains optimistic about its growth prospects. According to a statement released by the company on Thursday, Akasa Air expects to
