Go First’s bankruptcy and SpiceJet's troubles highlight challenges faced by airlines in maintaining sustainable operations in India's highly competitive and cost-sensitive market.
Aviation giant's comments come at a time when Go Air, which filed for insolvency, has been provided protection against actions by lenders & lessors, raising concerns.
Twitter handle of airline shows a flood of queries related to status of flights from 6 May onwards as well as refund process & timelines. Employees worried about their future.
The federal government also raised export tax on diesel to 7.5 rupees per litre from 5 rupees, while raising the windfall tax on ATF to 4.5 rupees per litre from 1.5 rupees.
Airlines continue to face immense challenges. The public and private lenders who’ve kept the industry afloat through the past two years seek to recover the money they’ve extended.
PM Narendra Modi's comments come weeks after Tata group emerged as the winning bidder for Air India paving the way for disinvestment of the loss-making carrier.
Back in the cockpit after months, some pilots report a loss of muscle memory. Others wonder if they still possess the clear-mindedness to handle a mid-air crisis.
The new airline is also backed by ex-Jet Airways CEO Vinay Dube and has former IndiGo president Aditya Ghosh on its board. It plans to operate nearly 70 planes in the next four years.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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