India's newest airline, Shankh Air, has received approval from the Civil Aviation Ministry to operate in the country. The airline will be b...

Thousands of Boeing workers have gone on strike after rejecting the company's contract offer, marking the first strike in 16 years. This di...

SpiceJet will temporarily furlough 150 cabin crew members for three months due to a lean travel season and reduced fleet size. The airline ...

SpiceJet delayed the June salaries for certain employees, citing financial commitments. The airline sought bridge funding to stabilize its ...

In an email to pilots sent on Thursday, Virendra Malhotra, vice president of flight operations at SpiceJet said the salaries, which have be...

SpiceJet passengers were stranded at Dubai airport when flights to India were cancelled due to the airline’s unpaid dues. The airline has e...

SpiceJet in Mumbai has delayed June salary payments and previously defaulted on provident fund contributions. Despite the situation, SpiceJ...

The Supreme Court on Friday upheld a division bench order of the Delhi High Court, remanding the arbitration dispute in Kalanithi Maran's c...

Airline systems affected by a global IT outage are now operational, with full resolution expected by noon Saturday, Civil Aviation Minister...

Microsoft software outage: Microsoft users worldwide, including banks, experienced widespread outages on Friday following the company's ack...

Bankrupt airline Go First has been granted an additional 60 days by the National Company Law Tribunal (NCLT) to conclude its insolvency pro...

Industry players said the "timely" decision to include the aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS), which ...

Going forward, estimates of banks and NBFCs could be at risk .

"Airlines are not bound to inform us when they retrench but when airlines get into trouble they normally come to us".

SpiceJet’s decision to reduce fleet size and cut flights to address capital woes has led to its comparison with the now-defunct Kingfisher.

A company is known as a 'going concern' if it has sufficient resources to continue to operate indefinitely and to avoid any potential bankr...

Prime Minister Manmohan Singh had said that steps would have to be taken to help the private sector entities if they get into difficulties.