Crisis-hit Go First has sought various interim directions from the National Company Law Tribunal, including restraining lessors from taking back aircraft and regulator DGCA from taking any adverse action against the airline. The Wadia group-owned airline, which has liabilities worth Rs 11,463 crore, has sought voluntary insolvency resolution proceedings and the plea is set to […]
Category: Civil Aviation
Aviation stocks rally as Go First moves NCLT for insolvency
Shares of InterGlobe Aviation, the parent of IndiGo, and SpiceJet jumped on Wednesday after Go First sought voluntary insolvency resolution proceedings and decided to cancel flights for three days starting May 3. InterGlobe Aviation stock climbed 4.52 per cent to settle at Rs 2,163.90 on the BSE. During the day, it rallied 7.99 per cent […]
SpiceJet to revive 25 grounded planes
Budget carrier SpiceJet on Wednesday said it is working to revive 25 grounded planes and has so far mobilised Rs 400 crore for revival of these aircraft. The announcement comes a day after competitor Go First filed for voluntary insolvency resolution proceedings and decided to cancel flights for three days starting May 3. In a […]
Airfares likely to rise as Go First cancellations reduce capacity: TAAI
No-frills carrier Go First filing for insolvency proceedings and cancelling flights is bad for the airline industry as the move will reduce capacity and could push airfares in certain routes, travel agents’ grouping TAAI said on Wednesday. Bogged down by an acute financial crunch due to grounding of more than half of its fleet amid […]
Land transferred for construction of Heliport in Palampur: Himachal CM
Himachal Chief Minister Sukhvinder Singh Sukhu on Monday said that the land for construction of the heliport at Palampur in district Kangra has been transferred to the Tourism Department and the DPR in this regard will be ready shortly. The proposed 82 Kanal land is situated in Chaudhary Sarwan Kumar Himachal Pradesh Agriculture University, Palampur […]
Post expansion, Delhi airport to handle 100m passengers annually: DIAL
Amid the government looking to establish the national capital as an international aviation hub, Delhi airport operator DIAL on Monday said the airport’s terminals will be able to handle 100 million passengers per annum once expansion work gets completed this year. In FY23, the airport, which has three terminals now, handled around 65.33 million passengers, […]
Go First to suspend flights on May 3, 4; files for voluntary insolvency resolution proceedings
Wadia group-owned Go First will temporarily suspend flights on May 3 and 4 amid severe fund crunch, the airline’s chief Kaushik Khona said on Tuesday. The budget carrier has also filed an application for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi. Speaking to PTI, Khona said the airline has grounded […]
In a first, CM inaugurates Air Ambulance Service in State
Chief Minister Hemant Soren today inaugurated the Air Ambulance Service in Jharkhand from State Hanger. On the occasion, the CM said, “Corona has taught us the importance of strengthening the emergency health facility. Apart from Corona, today we keep getting information about many new and serious diseases from various sources. To fight these diseases, we […]
AI pilots urge Ratan Tata to intervene in salary structure alteration by airline
In a petition signed by over 1500 Air India pilots, sought Ratan Tata’s intervention in resolving the issue regarding the airline’s management’s decision to unilaterally alter their salary structure and services conditions, on Tuesday sought Ratan Tata’s intervention in resolving the issue. They said their morale is low as they are not being treated with […]
AI’s Dubai-Delhi flight incident: DGCA orders derostering of entire crew pending investigations
Nearly two months after an Air India pilot allowed a female friend into the cockpit during a Dubai-Delhi flight, aviation watchdog DGCA has directed the airline to deroster the entire crew till investigations are complete, according to a senior official. A cabin crew member of the flight had filed a complaint with the Directorate General […]
Rewa, Datia airstrips to AAI
The state government will hand over the airstrip of Rewa airport and Datia to the Airport Authority of India (AAI). Rewa’s airport will be given on lease for 99 years. This proposal will be presented to the cabinet for a final decision. After this, there will be a contract between AAI and the state aviation […]
Airport strikes lead to cancellations in Berlin, Hamburg –
Employees at Berlin and Hamburg airports staged walkouts on Monday in an ongoing dispute over salary raises, leading to flight cancellations in both German cities. In Berlin, all departures and 70 out of 240 incoming flights were cancelled, German news agency dpa reported. Due to a walkout announced at short notice by trade union ver.Di, […]