Journalism of Courage
AVIATION NEWS - Page 25
Singapore court tells P&W to supply engines to GoFirstSubscriber Only
July 7, 2023 01:49 IST
The Mumbai-based, Wadia group airline, which filed for voluntary insolvency, blamed P&W for the same stating that the US-based engine maker refused to comply with an award issued by the emergency arbitrator earlier.
Yes, airline flights are getting bumpier: here’s whySubscriber Only
July 1, 2023 17:49 IST
Over the past four decades clear-air turbulence has increased by up to 55 percent in various regions around the world.
Go First revival: DGCA to conduct special audit of airline next week in Delhi, MumbaiSubscriber Only
June 30, 2023 19:39 IST
In a surprise announcement On May 2, Go First had said that it was voluntarily filing for insolvency with the NCLT, blaming US-based engine manufacturer Pratt & Whitney for its financial situation
Jet fuel exports to Europe help meet summer rush, set for new recordSubscriber Only
June 30, 2023 11:53 IST
India’s ATF export volumes so far in June have averaged at a record high of 208,433 barrels per day (bpd).
Adani keen on increasing its Mumbai Airport stakeSubscriber Only
June 30, 2023 02:19 IST
The Chhatrapati Shivaji Maharaj International Airport (CSMIA), controlled by MIAL, is the country’s second-largest airport (in terms of passengers served), behind Delhi’s Indira Gandhi International Airport.
IndiGo’s mcap reaches Rs 1 lakh crore mark; stock rallies over 30% so far this year
June 29, 2023 14:34 IST
On Wednesday, IndiGo rallied 3.55 per cent to settle at Rs 2,619.85 apiece on the BSE.
Go First revival plan: DGCA to examine documents, conduct audit before restarting operations
June 29, 2023 12:53 IST
Aviation regulator DGCA will examine documents submitted by Go First related to the revival plan and will also conduct an audit on operational preparedness before allowing the carrier to restart operations.
CCI issues show cause notice on Air India-Vistara merger deal
June 28, 2023 08:38 IST
The deal will make Air India the country's largest international carrier and second-largest domestic carrier.
Go First’s lenders approve $55 million fund infusion to revive bankrupt airline: Report
June 27, 2023 10:44 IST
Lenders to India's Go First, which is under bankruptcy protection, have approved interim funding of Rs 450 crore to resume operations and restart the airline.
Go First seeks up to $122 million in additional funds: Report
June 22, 2023 09:05 IST
Go First, which is under bankruptcy protection as it tries to resume operations, has sought additional funds at a lenders meeting on Wednesday, banking sources told Reuters.
Akasa Air tops up its Boeing order with 4 more 737-8 aircraft, to announce ‘three-digit’ plane order later this yearSubscriber Only
June 21, 2023 17:12 IST
Fledgling Indian carrier Akasa Air on Wednesday topped up its order for Boeing 737-8 aircraft by ordering four more planes at the ongoing Paris Air Show, taking the total order size to 76 aircraft.
Go First extends suspension of flights till Sunday
June 21, 2023 13:53 IST
The Wadia Group-owned airline, which is currently undergoing insolvency proceedings, stopped flying on May 3.
Record plane orders by IndiGo, Air India raise stakes in India’s aviation boom
June 21, 2023 10:56 IST
With a total of almost 1,000 jet orders between them, IndiGo and Air India are betting an economic boom and growing middle class will spur demand for domestic air travel, and new jets will help them grab a bigger share of international traffic.
IndiGo places largest-ever order in aviation history, inks pact for 500 Airbus A320neo family planesSubscriber Only
June 20, 2023 07:43 IST
With this order, India’s largest airline has gone past Air India’s February order for 470 Airbus and Boeing planes
Go First extends suspension of flights till June 22
June 19, 2023 13:36 IST
In a tweet, cash-strapped Go First said, "Due to operational reasons, Go First flights until 22nd June 2023 are cancelled."
Banks may consider forensic audit of Go First accountsSubscriber Only
June 19, 2023 01:01 IST
The airline, promoted by the Wadias, had voluntarily filed for insolvency resolution proceedings before the Delhi bench of the National Company Law Tribunal (NCLT) on May 2, which was admitted by the tribunal on May 10.
‘Noida International Airport ticks the right boxes for airlines’Subscriber Only
June 18, 2023 07:11 IST
NIA’s chief executive officer Christoph Schnellmann is optimistic that the new airport will attract airlines as their needs have been a central element in the project’s design and implementation, in addition to obvious factors like India’s rapidly growing aviation sector.
NCLT approves appointment of Shailendra Ajmera as Resolution Professional of Go First
June 16, 2023 12:11 IST
The NCLT direction came over a plea moved by the Central Bank of India, which was also approved by other members of the Committee of Creditors of Go First.
With Go First gone, IndiGo soars higher; May market share zooms past 60%Subscriber Only
June 16, 2023 00:29 IST
Of the 1.32 crore domestic flyers in May, IndiGo ferried 81.10 lakh, while the three Tata airlines carried a total of 34.80 lakh
Airfares falling after advisory to carriers, say MoCA officials
June 14, 2023 05:10 IST
For instance, the maximum drop in week-ahead fares among the 10 routes was 56 per cent in Delhi-Leh and Delhi-Ahmedabad sectors. The lowest—10 per cent—was in Ahmedabad-Delhi sector. In the case of Mumbai-Delhi, average week-ahead airfares rose by 13 per cent.
Go First revival: Lenders to examine funding options, success of revival planSubscriber Only
June 12, 2023 07:53 IST
The total debt outstanding of the airline stood at over Rs 6,000 crore as of the end of April 2023. Go First had voluntarily filed for insolvency resolution proceedings before the Delhi bench of the National Company Law Tribunal (NCLT) on May 2, which the tribunal on May 10 admitted.
Air India cancels San Francisco-Mumbai flight due to technical issue in aircraft
June 9, 2023 20:41 IST
All were stranded in the port city for two days, and the replacement aircraft ferried them to San Francisco on June 8.
Air India to refund full amount to all passengers affected by Delhi-San Francisco flight diversion
June 8, 2023 15:59 IST
Air India flight AI 173 operating Delhi-SFO on June 6, carrying 216 passengers and 16 crew on board, was diverted to the Magadan port city in far east Russia following a mid-air glitch in one of the Boeing 777-200LR aircraft engines
Vistara to add 10 planes, hire over 1,000 people this fiscal
June 8, 2023 13:18 IST
Currently, Vistara, which is set to be merged with Air India, has a fleet of 61 aircraft and a staff strength of over 5,200.
Go First extends flights suspension till June 12
June 8, 2023 12:36 IST
Crisis-struck Go First on Thursday said that its flights are cancelled until June 12 due to operational reasons.
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