DGCA issues show cause notice to Go First; asks airline to immediately stop sale of tickets

Aviation regulator DGCA on Monday directed crisis-hit Go First to immediately stop bookings and sale of tickets directly or indirectly till further orders, according to a source. Besides, the watchdog has issued a show cause notice to the budget carrier under the relevant provisions of the Aircraft Rules, 1937, for its failure to continue the […]

CBI searches at Jet Airways office, founder Naresh Goyal’s residence in bank fraud case

The CBI on Friday conducted searches at seven locations including the premises of Jet Airways and its founder Naresh Goyal in Mumbai in connection with an alleged Rs 538-crore fraud case in Canara Bank, officials said. The CBI searches were spread across residences and offices of Goyal, his wife Anita, and former airline director Gaurang […]