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Saturday, June 22, 2024
TopicGo Air

Topic: Go Air

Go Airlines India seeks buyers, invites Expression of Interest from interested parties

As insolvency process progresses, the passenger carrier set 9 August as deadline for interested parties to submit their expressions of interest.

India needs a law allowing lessors to repossess aircraft leased by defaulting airlines, says Boeing

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.

Go Air gets SEBI’s go-ahead for IPO worth Rs 3,600 crore

The airline plans to utilise over Rs 2,015 crore from the IPO proceeds towards pre-payment or scheduled repayment of all or a portion of certain outstanding borrowings.

GoAir pilots shut down Airbus A320neo engine mid-air even after turbine problem was fixed

GoAir’s Hyderabad-Ahmedabad flight landed safely using other engine on Sept 19. Both engines’ turbines had been modified following repeated glitches.

On Camera

PM’s 100-day agenda may have to jettison core issues for coalition partners

Matters of defence and foreign policy are important, but the new government must address widespread discontent in the country. This begins with investing in the rural sector.

PM’s economic advisor asks if India needs a new poverty line, says multidimensional index not enough

Bibek Debroy, chairman of Prime Minister’s Economic Advisory Council, also suggested that analysing inequality at the state level might provide a clearer picture of inequality, as a national estimate could be misleading.

China does a Galwan in South China Sea, Coast Guard carries spears and knives

Pictures had emerged of Chinese soldiers carrying rifles and iron rods with machete-like heads in the vicinity of India’s forward locations on the southern bank of Pangong Tso in 2020.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.