As aviation stocks soar after Go First's 'surprise' decision to file for bankruptcy, experts say move expected to significantly benefit other players such as Indigo, SpiceJet & Air India.
The plan comes as Spicejet's cash reserves dwindle and new entrant Akasa Air jostles for a share of the market and rival Air India ramps up its revamp plans.
The top court stayed the operation of the Madras HC verdict permitting winding-up petition and directing the official liquidator to take over the assets of the low-cost airline.
Madras HC was hearing an appeal by SpiceJet to set aside a single-judge order to wind up the company and on the appointment of a provisional liquidator.
Avani Singh said SpiceHealth would like to offer an end-to-end solution from procurement to transportation and administration of shots and reach remote areas.
SpiceHealth CEO Avani Singh tells ThePrint they’re in talks with ICMR & other govt agencies, which are testing ‘our drones service technology for the delivery of vaccines’.
SpiceJet has offered its services to the government to take on any humanitarian mission during the 21-day lockdown to alleviate suffering of migrant workers.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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