Passenger traffic at Mumbai airport rises 16% to 52.8 million in FY24

Passenger traffic at Mumbai airport rose 16 per cent year-on-year to 52.8 million in FY24, the airport operator said on Monday. The Adani Group-AAI owned city’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) had handled 43.9 million passengers in the preceding fiscal ended March 2023. The total number of passengers was based on the movement of […]

Jet Airways ownership transfer: SC agrees to hear lenders’ appeal against NCLT order

The Supreme Court on Monday agreed to hear the State Bank of India-led consortium of lenders’ appeal against the National Company Law Appellate Tribunal’s order that upheld the transfer of ownership of grounded Jet Airways to Jalan Kalrock Consortium (JKC). The NCLAT verdict has come almost a year after it permitted the transfer of ownership […]

Air India’s iconic Boeing 747 ‘Queen of the Skies’ takes final flight from Mumbai

Air India bids farewell to its iconic Boeing 747 aircraft, fondly known as the ‘Queen of the Skies’ from the Mumbai’s international airport. The double-decker plane took off for Plainfield, US, where it will be dismantled and stripped for parts, marking the end of an illustrious chapter in aviation history. Sharing a video clip of […]

IndiGo says it follows a fair process of succession readiness amid some exits

The country’s largest airline IndiGo on Monday said it follows a fair process of succession readiness amid some senior executives set to leave from their current roles. The carrier’s Senior Vice President Engineering S C Gupta and Senior Vice President Inflight Services Suman Chopra will be leaving from their current positions. They have been with […]

Jet Airways case: SBI-led lenders move SC against NCLAT’s March order upholding ownership transfer to JKC

The State Bank of India-led consortium of lenders on Monday moved the Supreme Court against the National Company Law Appellate Tribunal’s March order that upheld the transfer of ownership of bankrupt airline Jet Airways to Jalan Kalrock Consortium (JKC), almost a year after it permitted the transfer of ownership to JKC in January last year. […]