SpiceJet said it would make the offer after conducting due diligence on Go First’s resolution professional, said the official involved in conducting airline’s insolvency process.
Go First had stopped flight operations in May. DGCA says it can now resume but after fulfilling conditions like getting its flight schedule approved & making interim funding available.
National Company Law Tribunal will decide whether lessors who terminated their leases before the bankruptcy proceedings began can repossess their aircraft.
The move by Aviation Working Group could raise leasing costs for Indian airlines and hurt lessors’ confidence just as the world’s third-largest domestic market faces record growth.
Aviation Working Group’s move could raise leasing costs for Indian airlines and further hurt lessors' confidence in world's third-largest domestic aviation market.
Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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