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Where aircraft go when they need a safe haven – or to die. As the Gulf war draws attention to ‘boneyards’, where does India stand?Wars, pandemics, and airspace closures have created a lucrative, if niche, global industry: Specialised airports, called aircraft boneyards...- Full flights, high fares yet only one profitable airline: IndiGo’s crisis exposes chaos in Indian aviationIndian aviation is in chaos as IndiGo grapples with new rostering rules, leading to soaring ticket prices and widespread confusion. Despite...
- Airfares reach for the skies in monopoly, duopoly routesIndia has about 1,100 air routes, nearly 800 of which are monopoly routes. Among these, about 500 are operated by IndiGo only, about 200 by...
- Downside resistance of stocks a good bet against volatility: 5 stocks with up to 27% upside potentialWith volatility expected to intensify in the near term, investors with a weaker risk appetite can opt for stocks with a lower loss ratio.
- IndiGo's big bang Airbus deal. What does the next decade hold for India's largest airline?The previous record for the largest aviation deal was held by Air India, who, in March this year, announced that they will be procuring 220...
- Agents reluctant to sell GoFirst ticketsTravel agents, who are likely owed more than ₹500 crore by Go First Airlines, aren't willing to sell its tickets despite verbal requests fr...
- SMBC Aviation Capital challenges NCLT order protecting Go First from recovery by lessorsOn Wednesday, the NCLT admitted Go First's plea for voluntary insolvency and admitted for the initiation of Corporate Insolvency Resolution...
- "Without Merit": Pratt & Whitney on Go First's allegations; to pursue legal routeThe airline, owned by the troubled Wadia Group, had earlier blamed P&W for the faulty engines that led to its ongoing financial crisis, and...
- Pratt & Whitney says pursuing its own legal recourse against Go First's claimsEngine maker Pratt & Whitney is pursuing its own legal action against budget airline Go First after the carrier blamed it for its poor fina...
- Govt bailout of Go First unlikely unless engine issue is resolved: MinisterGo First, which filed for bankruptcy last week, has called on the National Company Law Tribunal to urgently grant its request for bankruptc...
- Three Go First lenders open to rejigging airline's debtThe restructuring will avoid lenders suffering a significant write-down as the loans and debt facilities are currently classified as standa...
- Go First denies report of promoters mulling to exit business despite cash burnGo First, which made its highest annual financial loss to date in FY22, has been tackling huge operational issues in the past few months as...
- Go First mulls options to meet challengesGo First, which made its highest annual financial loss to date in FY22, has been tackling huge operational issues in the past few months. T...
- PM Modi inaugurates Goa's second airport; to start operations from January 5Goa will be the first place in India to have two functional airports within 150 kms along with the existing Dabolim Airport. A new airport ...
- Who will dominate India's skies? Airlines roll out attractive offers to lure customersA close look at air fare disclosed that a ticket from Mumbai to Ahmedabad is costing Rs 1,399 on Go First and Rs 1,497 on new entrant Akasa...
- Truce in Wadia family: Jeh Wadia hands over 'Go' trademark to GroupThe two sides have signed an agreement on the use of these intellectual property rights, a banker close to the Wadia Group said. "Prior to ...
- Go Airlines puts IPO plan on hold amid raging third waveNusli Wadia Group has temporarily put on hold a ₹3,600-crore initial public offering (IPO) plan of its budget airline Go Airlines consideri...
- Fully vaccinated? Avail up to 20% off on base fare with GoFirstThe offer is valid till January 31, 2022 for booking and March 31, 2022 for travel period. Those availing the offer have to carry their Cov...
- Go First inks sales partnership with WorldTicket, DTWUnder the collaboration, WorldTicket will be the global distribution system (GDS) sub-hosting partner for Go First, while DTW would be its ...
- GoAir rebrands as Go First after 15 years of flyingThe Go First as ULCC (ultra-low-cost carrier) would operate single aircraft type across its fleet, which currently has both Airbus A320 and...
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