Business Standard

Wednesday, December 25, 2024 | 07:28 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 6 - Indian Aviation

Go First lenders discuss revival plan; appoints new resolution professional

Lenders however have opted for a new resolution professional as Lal was selected by the Go First management

Go First lenders discuss revival plan; appoints new resolution professional
Updated On : 09 Jun 2023 | 9:05 PM IST

'India's the new China' as airlines more than double profit outlook

Bullish on the Indian market, Lufthansa Group CEO Carsten Spohr has said the airline group is working closer with Air India as well as expanding its own operations into the country

'India's the new China' as airlines more than double profit outlook
Updated On : 05 Jun 2023 | 10:57 PM IST

India hugely growing aviation market but underserved: Air India CEO

India is a hugely growing aviation market but also underserved, especially on international routes, Air India chief Campbell Wilson said on Monday. The Air India CEO and Managing Director was speaking at a session at the IATA World Air Transport Summit. While India is a "hugely growing market", it is also an underserved market, as there are less than 50 wide-body aircraft (with domestic carriers), he said. Earlier this year, Air India placed an order for 470 planes with Boeing and Airbus. In the context of the aircraft order, Wilson said there is a significant imbalance that the airline is trying to address. He was referring to the shortage of wide-body planes in India. Wilson also said that a few years ago, 13 Boeing 787 planes were grounded as Air India did not have funds and there was also a requirement for "30,000 spare parts". He was responding to a query related to supply-chain issues. The Tata Group took over the loss-making Air India from the government in January last

India hugely growing aviation market but underserved: Air India CEO
Updated On : 05 Jun 2023 | 8:38 PM IST

Flight operations can take off with 152 daily flights: Go First to DGCA

The airline needs Rs 150-175 crore as working capital and contingencies to resume its services

Flight operations can take off with 152 daily flights: Go First to DGCA
Updated On : 05 Jun 2023 | 8:30 PM IST

Skyrocketing airfares: GoFirst's absence, thunderstorms, demand to blame

The prices of the cheapest flights from Delhi to Mumbai stood at Rs 19,000 for one-way. Whereas, for Delhi to Dubai, it was Rs 14,000

Skyrocketing airfares: GoFirst's absence, thunderstorms, demand to blame
Updated On : 01 Jun 2023 | 12:21 PM IST

Troubled airline Go First extends cancellation of flights until June 4

Go First had blamed the non-delivery of engines by the US engine manufacturer Pratt & Whitney for its failure to operate

Troubled airline Go First extends cancellation of flights until June 4
Updated On : 30 May 2023 | 5:25 PM IST

Airlines start filling up Go First void even as fares soar up to 5x

Air India, Vistara have started four and 14 new weekly services on the Mumbai-Goa route

Airlines start filling up Go First void even as fares soar up to 5x
Updated On : 28 May 2023 | 7:45 PM IST

New flights based on flyer-handling capacity at security checks: BCAS

On the international side, the processing capacity per machine per hour is between 105 and 160 passengers

New flights based on flyer-handling capacity at security checks: BCAS
Updated On : 29 May 2023 | 9:21 PM IST

Justice Pratibha recuses herself from Go First lessors' case against DGCA

Though Justice Singh gave no explanation about the reason for her recusal, it should be noted that her spouse Senior Advocate Maninder Singh was representing Go First in NCLAT

Justice Pratibha recuses herself from Go First lessors' case against DGCA
Updated On : 25 May 2023 | 11:00 PM IST

Go First gets up to 30 days to submit revival plan, to give info on fleet

DGCA asks cash-strapped airline to also provide details pilots and other personnel

Go First gets up to 30 days to submit revival plan, to give info on fleet
Updated On : 25 May 2023 | 4:22 PM IST

No definite timeline yet for resuming flights: Go First tells DGCA

Airline has filed for bankruptcy, blames engine supplier Pratt & Whitney for grounded fleet

No definite timeline yet for resuming flights: Go First tells DGCA
Updated On : 23 May 2023 | 6:47 PM IST

Domestic airline travel sets a new record, crosses 50 million passengers

Air traffic data shows an increase in domestic air travel by 42.85%, showing rapid post pandemic recovery of airlines

Domestic airline travel sets a new record, crosses 50 million passengers
Updated On : 23 May 2023 | 4:17 PM IST

NCLAT to pass crucial orders in Go First insolvency case on Monday

The Appellate Tribunal's orders would decide if lessors are allowed to take possession of the aircraft or if the planes remain under the airline's control

NCLAT to pass crucial orders in Go First insolvency case on Monday
Updated On : 21 May 2023 | 6:51 PM IST

April domestic air traffic crosses pre-pandemic levels, says DGCA data

April aviation data shows Indigo making up most of the market share in April at 57.5% with Vistara and Air India following behind

April domestic air traffic crosses pre-pandemic levels, says DGCA data
Updated On : 19 May 2023 | 4:57 PM IST

Govt tells Pratt & Whitney to get grounded planes 'up and running'

The minister said the Directorate General of Civil Aviation (DGCA) was waiting for Go First's plan on resumption of flights

Govt tells Pratt & Whitney to get grounded planes 'up and running'
Updated On : 18 May 2023 | 9:50 PM IST

Jet Airways looks into abyss as JKC fails to renew its flying permit

Air operator's permit (AOP) is a prerequisite for any airline to commence commercial operations

Jet Airways looks into abyss as JKC fails to renew its flying permit
Updated On : 17 May 2023 | 1:46 PM IST

Lesson for Go First from Jet Airways' insolvency: Restart quickly

Jet Airways was much bigger when it shut down in 2019. It operated a fleet of 100-plus aircraft out of over 40 domestic and 24 international locations

Lesson for Go First from Jet Airways' insolvency: Restart quickly
Updated On : 16 May 2023 | 6:44 PM IST

NCLAT to pass order on appeal against Go First's insolvency on May 22

Appellate tribunal tells all parties in the matter to file written submissions in 48 hours

NCLAT to pass order on appeal against Go First's insolvency on May 22
Updated On : 15 May 2023 | 7:33 PM IST

Allow Go First pilots to exit without impediment: Pilot body to Scindia

The pilot's body has written to the minister seeking his intervention to help Go First pilots facing hurdles in leaving the airline

Allow Go First pilots to exit without impediment: Pilot body to Scindia
Updated On : 15 May 2023 | 9:09 PM IST

India is a focus market for the carrier, says KLM Royal Dutch Airlines

KLM Royal Dutch Airlines on Friday said India is a focus market for the carrier as it introduced a new class for travellers on its flights between various Indian cities and Amsterdam. The airline is part of the Air France-KLM Group, which recorded passenger traffic of one million on Indian routes in 2022. India is the world's third largest and one of the fastest aviation markets in the world. Currently, Air France-KLM operates up to 46 weekly flights connecting four Indian cities -- Delhi, Mumbai, Bengaluru, and Chennai. It also has a codeshare agreement with IndiGo for more than 30 cities. Reflecting the growing traffic to and from India, the group increased its seat capacity on Indian routes by 22 per cent as compared to 2022. KLM has introduced the 'premium comfort class' on the Indian routes. "The launch highlights the importance of India as a focus market for KLM. The new premium comfort class will be available on flights between Bengaluru, Delhi and Mumbai to Amsterdam and

India is a focus market for the carrier, says KLM Royal Dutch Airlines
Updated On : 12 May 2023 | 8:10 PM IST