Tag: airline

Ajay Singh, Chairman and Managing Director, SpiceJet (Sanjeev Verma/HT)
Posted in Business

SpiceJet’s co-founder Ajay Singh to sell more than 10% of his stake to raise ₹3,000 crore: Report

Ajay Singh, the co-founder, chairman, and MD of SpiceJet is planning to sell more than 10% of his stake in the cash-strapped airline for raising…

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An Akasa Air passenger aircraft taxis on the tarmac at Chhatrapati Shivaji International Airport in Mumbai, India, May 2, 2023. (Francis Mascarenhas/Reuters)
Posted in Business

Akasa Air to become one of world’s top 30 airlines by end of the decade, co-founder and CEO Vinay Dube says

Aug 08, 2024 11:52 AM IST Akasa Air overtook SpiceJet, taking a market share of 5%, adding a record 24 aircraft to its fleet, the…

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A SpiceJet passenger Boeing 737-800 aircraft takes off from Sardar Vallabhbhai Patel international airport in Ahmedabad.(REUTERS)
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SpiceJet Promoter Ajay Singh to invest ₹500 Crore, boosting airline’s finances

PTI | | Posted by Singh Rahul Sunilkumar SpiceJet promoter Ajay Singh will infuse ₹500 crore into the airline, a move that will help boost…

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Mumbai: Go First airline aircrafts, formerly known as GoAir, stand parked at the apron of the Mumbai airport.(PTI)
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Go First’s lenders approve $55 million fund infusion to revive carrier: Report

Reuters | | Posted by Sreelakshmi B Lenders to India’s Go First, which is under bankruptcy protection, have approved interim funding of 4.50 billion rupees…

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An American Airlines flight approaches for landing.(REUTERS)
Posted in Business

IndiGO’s Airbus order: These are other mega commercial aviation deals

Budget carrier IndiGo on Monday said that it will buy 500 A320 planes from French manufacturer Airbus. This multi-billion dollar purchase is the largest ever…

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The Air India’s decision came days after the pilots refused to sign the airline’s new contract. (Representative Image)
Posted in Business

Air India extends pilots’ deadline to accept revised work structure till Friday

Air India on Tuesday extended its deadline for its pilots to accept their revised compensation structure and working conditions, days after the pilots refused to…

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On Tuesday, Go First filed for insolvency resolution proceedings in the National Company Law Tribunal (NCLT) (Representative Photo)
Posted in Business

Go First suspends sale of tickets till May 15; DGCA directs refund to passengers

Go First has informed the aviation regulator that they have suspended their sale of tickets till May 15, the Directorate General of Civil Aviation (DGCA)…

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