Low Cost Airlines

HC refuses to interfere with order directing SpiceJet to ground 3 engines

The Delhi High Court on Tuesday refused to interfere with an order directing low-cost airline SpiceJet to ground three aircraft engines for defaulting on payment to engine lessors. A bench of Justices Rajiv Shakdher and Amit Bansal said the appeals of SpiceJet challenging a single judge's order to ground three aircraft engines and hand those over to the lessors was accordingly not entertained. "We are not inclined to interfere with the impugned order. The impugned direction has not been interfered with by us. The appeals are accordingly not entertained," the bench said while pronouncing its verdict on the appeals. SpiceJet has challenged a single judge's August 14 order directing it to ground three engines by August 16 and hand them over to their lessors within 15 days. The judge had directed the airline to offer prior inspection of the engines to the lessors -- Team France 01 SAS and Sunbird France 02 SAS -- through their authorised representative at the Delhi airport within seven

India's low-cost carriers rule the skies dominated by IndiGo: Report

India's LCC share is much higher than the global average of 34 per cent, reported by OAG for 2024

WestJet to resume normal operations as mechanics rescind strike notice

Canadian airline WestJet has begun cancelling some flights in anticipation of a strike by aircraft maintenance technicians, saying it wants to avoid having passengers and planes stranded if there is a walkout. WestJet said it expected to cancel about 40 flights from Tuesday through Wednesday, affecting 6,500 passengers. By Wednesday afternoon Eastern time, the airline had cancelled 20 flights, or 4 per cent of its schedule, after cancelling five flights Tuesday, according to tracking service FlightAware. The low-fare airline said it was trying to find alternate arrangements for customers whose flights were dropped. WestJet and the Aircraft Mechanics Fraternal Association are locked in negotiations for an initial collective-bargaining agreement covering about 680 mechanics. Earlier this week, WestJet asked the Canadian Industrial Relations Board to order both sides into binding arbitration. The union responded by notifying the airline of its intention to strike as soon as Thursday .

Delhi High Court orders SpiceJet to return leased aircraft, engines to TWC

SpiceJet, which currently owes $14 million to TWC, had its offer to pay $435,000 a month to clear its dues rejected

SpiceJet resolves Rs 413 cr dispute with Echelon Ireland Madison One

Cash-strapped SpiceJet has resolved its third settlement in 2 weeks with Echelon Ireland Madison One, after Cross Ocean Partners and Celestial Aviation

Cash-strapped SpiceJet resolves Rs 93 cr dispute with Cross Ocean Partners

SpiceJet further stands to benefit from the 'transfer of airframe and an engine at no additional cost, augmenting its operational capabilities'

SpiceJet jumps 4% on reaching settlement deal with Cross Ocean Partners

SpiceJet in an exchange filing on Tuesday said, the airline reached settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute worth Rs 93 crore.

Reached settlement with Celestial Aviation, formalities remain: SpiceJet

SpiceJet informs NCLT of near resolution in dispute with aircraft lessor Celestial Aviation requested an adjournment to finalise the settlement process

SpiceJet promoter Ajay Singh, Busy Bee Airways bid for bankrupt Go First

SpiceJet announced that it would act as the operating partner for the new airline, providing staff and services

Delhi Airport wants low-cost carriers to shift to Noida, Hindon airports

At present, Delhi Airport manages 8,554 scheduled flights per week, with IndiGo, a low-cost carrier, representing approximately 38.5 per cent of these flights

TMS Ep490: Manipal help Byju's, August rains, markets, full-service airline

Will Manipal be Byju's white knight? Can below-normal August rains affect food inflation? How should you trade in a range-bound market? How is low-cost airline different from a full-service airline?

Decoded: What is the difference between low-cost and full-service airlines?

While the difference in ticket prices is obvious between the two kinds of carriers, there are other differences too. Read more to find out

Aloke Singh to head Air India's low cost airline biz from January 1

Air India Express CEO Aloke Singh will be the chief of Air India's low-cost airline business from January 1 next year, according to an internal communication. The Low Cost Carrier (LCC) business will comprise AirAsia India and Air India Express. "The two constituent airlines will continue to have the full complement of regulatory post-holders until the merger is complete but, for now, a single CEO will provide the clarity and singular accountability necessary to navigate the process," Air India CEO and Managing Director Campbell Wilson said in the internal communication. Singh will be the sole CEO of the Air India LCC airline with effect from January 1, 2023. According to the internal communication, current AirAsia India CEO Sunil Bhaskaran will assume the leadership of a new initiative -- an aviation training academy. After taking over loss-making Air India in January this year, Tata group has been working on consolidating its airline business. On November 2, Air India said an .

On-time performance of various airlines records decline in May, June

On time performance of various airlines recorded a decline in the last couple of months particularly during May and June. Flights have been delayed due to various reasons

SpiceJet to launch 60 new domestic flights this summer

The summer schedule starts from March 27 and ends on October 29

Frontier, Spirit tie-up to face close scrutiny from US Justice Dept

The Biden administration has made injecting more competition into US industries a key priority

Hard for rivals to beat us with our reach, costs: IndiGo's Ronojoy Dutta

IndiGo has no plans for acquiring any airline which will dilute its business model

SpiceJet Q1 preview: Analysts eye liquidity measures, growth in cargo biz

SpiceJet Q1 result: SpiceJet currently sits on a debt pile of approximately Rs 3,000-3,500 crore, of which Rs 1,000 crore is on the balance sheet and Rs 2,000-2,500 crore is from the deferred leases

Low costs, quick ramp up to be gameplan of Rakesh Jhunjhunwala's Akasa

Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will help the airline as it aims to begin operations next summer

We have a lower cost structure than IndiGo: Ben Baldanza of Go First

In a Q&A, the vice-chairman of India's second-largest airline says he doesn't see its competition in the market leader, but in SpiceJet, Air India, Vistara and AirAsia