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GO FIRST SPICEJET
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- India’s youngest airline adds flights while Iran war crimps rivalsIndia's youngest airline, Akasa Air, is emerging as a significant competitor, expanding capacity by 13.2% while major carriers like IndiGo ...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- Ahead of Market: 10 things that will decide stock market action on FridayBSE Sensex and Nifty 50 extended gains for a second session, led by banking, metal and pharma stocks despite IT weakness. Analysts flagged ...
- IndiGo, SpiceJet & other travel stocks plunge up to 7%. Two big reasons whyTravel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citize...
- If crude stays high, Indian aviation faces margin squeeze, demand risk: Oil AnalystIndian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...
- Domestic air traffic rises to 4.37 cr in March quarter; flight delays hit 1.21 lakh passengers last monthIn March this year, the air traffic inched up to 1.44 crore from 1.41 crore in February, but was lower than the 1.45 crore recorded in Marc...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- Indian truckers fret as looming diesel hikes spur panic-buyingSoutheast India is experiencing significant fuel challenges, with motorists waiting in long lines as petrol and diesel become increasingly ...
- Go First planes need engines, spare parts; lessors to take longer to fly them out of IndiaIndustry experts anticipate that it will take longer for lessors to remove Go First's 54 deregistered planes from the country due to engine...
- Delhi HC asks DGCA to deregister all 54 of Go First's leased planes, gives 5 days' timeIn a setback for the struggling airline, the court also restrained the RP from replacing, taking out any accessories, spare parts, document...
- Lenders to open bids for Go First todayBids for bankrupt airline Go First will be opened on Friday. Ajay Singh, SpiceJet owner, and Nishant Pitti, co-owner of EaseMyTrip, are fro...
- Why Ajay Singh of troubled SpiceJet seeks redemption in bankrupt Go FirstAjay Singh, known for turning around airlines, has bid for the bankrupt Go First airline. However, his own airline, SpiceJet, is also facin...
- Revival of bankrupt Go First airline will 'Spice' up India's aviationGo First receives bid from Ajay Singh and Busy Bee Airways, blaming Pratt & Whitney for revenue losses. SpiceJet plans to partner with Go F...
- Go First's lenders seek investor bids by Jan 31: SourcesLenders set January 31 deadline for financial bids to acquire Go First airline, which filed for bankruptcy in May. Banks offer suitors a ch...
- Insolvency filing 'depressing' in growing Indian market, says Airbus India chief amid Go First crisisUnder the Cape Town Convention (CTC), if a lessor has invoked the Irrevocable De-registration and Export Request Authorisation (IDERA), the...
- SpiceJet's offer to settle unpaid dues not good enough, lessor tells India tribunalThe Ireland-based lessor earlier this month sought to initiate bankruptcy proceedings against SpiceJet over non payment of lease rentals an...
- Government to re-allocate Go First's Haj flights to IndiGo, two Saudi carriersThe decision comes against the backdrop of the uncertainty over cash-starved Go First, which has cancelled all flights since May 3. The bud...
- SpiceJet CEO says need for "more rational airfares", terms Go First case extremely unfortunateSpiceJet CEO Ajay Singh has said that the aviation sector in India will not be affected just because one airline goes down. He stated that ...
- Air traffic soars in March quarterFor the quarter ending March 31 this year, passenger traffic jumped by a massive 51.7% compared to the year-ago period.
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