Lenders to India’s Go First will meet later this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors of the aircraft to take back their planes, two bankers with Go First’s creditors said on Tuesday. “There is no value left in the airline after the court order and […]
Day: May 1, 2024
IndiGo sets up desk for passengers with special needs at Delhi airport
IndiGo on Tuesday said it has set up a desk to facilitate check-in for passengers with special needs at Terminal 1 of the airport in the national capital. “Currently, IndiGo has over 20 specially-abled employees and staff at the Delhi airport, who will also be deployed at these desks for assistance,” the airline said in […]
IndiGo starting to make India a global aviation hub: CEO Pieter Elbers
IndiGo, which placed its first-ever order for widebody planes last Thursday, is now on the path to establish itself as a global aviation player and make India a global aviation hub, said its Chief Executive Officer, Pieter Elbers, on Tuesday. “We have demonstrated over the years that we maintain a cost leadership (lowest unit cost […]
DGCA removes Vistara’s head of training for violating pilot training rules
The vice-president (VP) of Vistara airline’s pilot training was on Tuesday removed by the Directorate General of Civil Aviation (DGCA) over lapses in conversion training of pilots, which involved preparing narrow-body pilots to fly wide-body aircraft. According to sources, Vikram Mohan Dayal, VP, Training, at the full service carrier, has been suspended by the aviation […]
Road execution likely to dip by up to 10% in FY25 , says CareEdge
India’s pace of constructing national highways may be dented by up to 1,250 kilometres in 2024-25 and slow down to 31 kilometres per day, owing to execution challenges for the construction sector, rating agency CareEdge said on Tuesday. “National Highways construction pace is expected to slow down from 12,350 kilometres in FY24 to 11,100-11,500 kilometres […]