Efforts On To Increase Number Of Airports, Heliports: Aviation Minister
Press Trust of India | Thursday May 18, 2023, New DelhiThe government has a "massive game plan" and a three-pronged strategy for the country's fast-growing aviation market, Civil Aviation Minister Jyotiraditya Scindia said on Thursday.
2 More Aircraft Lessors Approach Tribunal Against Go First's Insolvency
Press Trust of India | Thursday May 11, 2023, New DelhiTwo more aircraft lessors -- GY Aviation and SFV Aircraft Holding -- on Thursday moved appellate tribunal NCLAT against the order passed by the NCLT allowing Go First's voluntary plea to initiate insolvency proceedings.
Company Law Tribunal To Hear Go First's 2 Insolvency Petitions Next Week
Press Trust of India | Friday May 05, 2023, New DelhiAs Go First awaits the NCLT ruling on its voluntary insolvency resolution plea, the tribunal is set to hear on Monday two petitions seeking insolvency proceedings against the crisis-hit airline.
Tribunal To Hear Insolvency Request Against SpiceJet Next Week
Press Trust of India | Friday May 05, 2023, New DelhiSpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against the no-frills airline and the petition is scheduled for hearing before the National Company Law Tribunal (NCLT) next week.
Go Air May Have Planes Repossesed, Complicating Rescue Efforts
Anurag Kotoky, Bloomberg | Friday May 05, 2023Lessors are seeking to take back possession of at least 20 Airbus SE jets operated by Go Airlines India Ltd., further complicating the insolvent carrier's attempts to start flying again.
Over 700 Pilots Applied After Recruitment Ad, Says Air India
Press Trust of India | Thursday May 04, 2023, New DelhiAir India on Thursday said it has received an overwhelming response for its recruitment drive for pilots and has got more than 700 applications in the past week.
Disheartened Go First Pilots Rush To Air India's Hiring Drive
Reuters | Thursday May 04, 2023, New DelhiDozens of pilots, many from crisis-hit Go First, flocked to a Tata group hotel near Delhi on Thursday for walk-in interviews with the conglomerate's Air India airline.
Company Law Tribunal Reserves Order On Go First's Request For Insolvency
Press Trust of India | Thursday May 04, 2023, New DelhiThe National Company Law Tribunal (NCLT) on Thursday reserved its order on crisis-hit airline Go First's plea seeking voluntary insolvency resolution proceedings.
"Want To See Bigger Presence Of Boeing In India": Union Minister
Press Trust of India | Thursday May 04, 2023, New DelhiCommerce and industry minister Piyush Goyal on Thursday said he wants to see a greater presence of US-based Boeing in India as the American firm has recently received a large order of planes from Tata Group-owned Air India.
Go First Airlines Owes $798 million To Financial Creditors
Reuters | Wednesday May 03, 2023, MumbaiIndian airline Go First, which filed for bankruptcy on Tuesday, owes financial creditors Rs 65.21 billion ($798 million), its bankruptcy filing showed.
Majority Of Pilots Have Accepted New Compensation Package: Air India Chief
Press Trust of India | Friday April 28, 2023, New DelhiAir India chief Campbell Wilson on Friday said that a majority of pilots have accepted the new compensation package offered last week, amid protests by Air India pilots' unions against the revised salary structure and service conditions.
Wadia Group In Talks To Sell Stake Or Exit Airline Go First: Report
Reuters | Monday April 17, 2023, BengaluruConglomerate Wadia Group is in talks with strategic partners to either sell a majority stake in loss-making budget airline Go First or completely exit it, the Economics Times reported today,
Domestic Air Passenger Traffic Registers 60% Growth In 2022-23: Report
Press Trust of India | Wednesday April 12, 2023, MumbaiThe domestic aviation industry continues to witness recovery with air passenger traffic logging around 60 per growth at 13.60 crore in FY23 annually, ICRA said today.
"Time Has Come" For Airbus, Boeing To Set Up Jet Assembly Plants: Minister
Reuters | Friday March 24, 2023, New DelhiPlane giants Airbus and Boeing face mounting pressure to set up jetliner plants in India, after the country's civil aviation minister told Reuters the "time has come" to serve its soaring demand with jets assembled on domestic soil.
Metro Airports To Have Capacity To Handle 500 Million Passengers: Official
Press Trust of India | Tuesday March 21, 2023, New DelhiAirports at major metro cities are expected to have a total passenger handling capacity of 500 million in the coming years, Civil Aviation Secretary Rajiv Bansal said on Tuesday.
