The NCLAT has created a possible lifeline for the grounded Go First Airways while still upholding its liquidation order.
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Former SpiceJet pilots file a bankruptcy petition over ₹3 crore unpaid dues, adding to the airline’s ongoing financial troubles.
Jet Airways’ lenders have alerted the Supreme Court that the Jalan-Kalrock Consortium (JKC) failed to fulfill a crucial condition for ownership transfer.
Director General of Civil Aviation (DGCA) has approved the integration of Air India (AI) and Vistara Airlines’ (UK) aircraft line maintenance operations.
Tata-owned Air India (AI) has started refurbishing its Airbus A320 aircraft fleet with new business and premium economy class seats.
Air India plans to expand capacity on flights to Sri Lanka starting July 2024 by introducing Boeing 787-8 Dreamliner service for two months.
Air India revealed latest developments including in-house maintenance capability, plans to lease widebody planes, progress with retrofits.
Air India will operate these flights five times a week, increasing the total number of its weekly flights to and from London Gatwick to 17.
Air India (AI), owned by the Tata group, and Vistara are aiming to complete their merger by the end of October, thus consolidating their presence in the aviation market.
These lenders aim for a recovery exceeding ₹2,000 crore for the land, given that the airline is indebted to its creditors for over ₹6,200 crore.