As part of the ongoing insolvency proceedings, Go First (G8) has received claims worth Rs 24,000 crore (US$2.9 billion) from both functional and monetary creditors.
Airlines news
In a resounding show of support, the US House of Representatives voted overwhelmingly to reauthorize the Federal Aviation Administration (FAA) for five years
US-Bangla Airlines, the largest private carrier in Bangladesh, has joined hands with ATR, the world’s leading regional aircraft manufacturer, in a significant move to optimize maintenance costs and improve fleet reliability.
American Airlines (AA) currently operates 126 widebody aircraft, and they have an additional 30 widebody planes on order. This combination includes 777 and 787 aircraft, resulting in a total widebody fleet of just over 41,000 seats.
United Airlines (UA) and the Air Line Pilots Association (ALPA) have reached a preliminary labor deal, ending tense negotiations and airport pickets.
Gatwick Airport (LGW) is set to face significant disruption as nearly a thousand workers prepare to embark on an eight-day strike starting later this month.
Global Airlines, a new player in the aviation industry, has announced its intention to target business travelers and carve a niche in the competitive transatlantic travel market.
Tata-owned Indian FSC, Air India (AI) Boeing 777 is grounded at San Francisco (SFO) over a week. Further, the airline made its last flight from Mumbai (BOM) to San Francisco (SFO) on July 4, 2023.
India surpassed Australia to become leading market for Malaysia Airlines (MH) as carrier experiences surge in demand and expands operations.
Air India’s low-cost subsidiary, Air India Express (IX) flight from Mangaluru (IXE) to Dubai (DXB) faced a long 13 hours delay due to technical snag with Boeing 737 aircraft.