The National Company Law Tribunal Monday issued notices to Go First's Committee of Creditors and the Insolvency and Bankruptcy Board of India on the issue of resolution professional's plea for refunding ₹ 597.5 crore for tickets booked by the airline. The resolution professional of the beleaguered airline informed the court that 97% of the bookings […]
New Delhi: Aircraft leasing companies on Monday opposed including Go Airlines' lenders as a party to their pleas for the deregistration of planes leased to the carrier, arguing before the Delhi High Court that the lenders are neither “proper” nor “necessary parties” in the case.
The committee of creditors (CoC) for Go First Airlines has approved an in-principle interim funding of ₹425 crore so that the grounded carrier, the first in the country to voluntarily seek bankruptcy protection, manages to fly again soon. The funding is, however, subject to the carrier being given a no-objection certificate (NOC) by the Directorate […]
IndiGo on Friday said it will operate chartered flights from Jeddah to the national capital and Bengaluru to bring back Indians evacuated from Sudan as part of Operation Kaveri. The airline will be operating two flights to bring more than 450 Indian citizens back to their homeland over the weekend, according to a statement.
You might recall when airline ticket prices soared for most of last year after most of the world reopened, and the pent-up demand for air travel was met with more flights. At that time, the outlook was that the rising prices would subsequently falter as the aviation industry worked towards stabilizing. But if you’ve traveled […]
US aviation watchdog Federal Aviation Administration (FAA) has maintained a Category 1 status rating under its International Aviation Safety Assessment (IASA) programme. A Category 1 status permits airlines of a country to operate and expand their services to destinations in the USand codeshare with US air carriers.
New Delhi: The Department Related Standing Committee for Transport, Tourism and Culture has on April 5 summoned representatives of various private airlines and the Association of Private Airport Operators (APAO) to discuss the vital issue of rising airfares across the country. The secretariat has sent an invitation to several private airlines and APAO to discuss […]
Govt ready to build policy for eVTOL: MOCA The ministry is slated to commission an e-VTOL study soon
After building the drone ecosystem and a policy for helicopters, a policy ecosystem for the e-VTOLS (electric vertical; take-off and landing systems) is the next frontier for the government, said Civil Aviation Secretary Rajiv Bansal while speaking at the two-day CII Advanced Short Haul Air (ASHA) Mobility 2023 conference held this week in Bengaluru. “After […]
Air India on Tuesday announced partnership with Salesforce to transform its customer service technology stack, the company stated in a press release. Through their work with Salesforce, Air India will be able to optimize the customer experience across all key touchpoints – online, on the ground and in the air. By working with Salesforce, Air […]
Last month a Kenya Airways (KQ) Boeing 787 was forced to make an emergency landing at London Heathrow Airport (LHR), and KQ has blamed the aircraft manufacturer for the flight disruptions. The Kenya-based airline also made two unscheduled landings on Boeing and Embraer planes at Nairobi Jomo Kenyatta International Airport (NBO) and Livingston Airport in […]