Home Tags IndiGo airlines
Topic: IndiGo airlines
Indian airlines are also seeking to defer loan repayments by 6 months, without the borrowings getting classified as ‘non-performing’.
Modi govt is being advised to drop the rule on concern it will deter buyers who will be allowed to bid on the enterprise value & not on the entity value.
The announcement was made after a meeting with the Ministry of Civil Aviation where decisions regarding rationalisation of staff cost were reviewed.
Dutta said it was for first time in the history of IndiGo that such a painful measure has been taken and was needed to sustain their business operations.
Passengers will be able to book two seats on one boarding pass, and charges for the second seat will be 25% of the first one.
IndiGo, the world’s biggest customer for Airbus SE’s best-selling A320neo jets, plans to return its entire fleet of 120 fuel-guzzling planes in the next 2 years.
The passenger, who took the IndiGo flight on 27 May, had observed all precautionary measures, including wearing face mask, face shield and gloves.
In its ruthless efficiency in controlling its home turf, Qantas behaves a lot like IndiGo, one reason ambitious foreign airlines have failed in Australia.
Rahul Bhatia is evaluating data of Virgin Australia, which collapsed 2 months ago, and is finalising a strategy but no decision has been made.
The airline had earlier announced instituting pay cuts amid the COVID-19 pandemic that has hit the aviation industry hard as flights remain grounded amid lockdown.