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NCLAT upholds Jet Airways’ resolution plan
New Delhi: Insolvency appellate tribunal NCLAT on Tuesday upheld the resolution plan of grounded carrier Jet Airways and approved the transfer of...
Jet Airways shares jump 5 per cent; touch upper circuit limit
The airways shares climbed after Jalan-Kalrock Consortium said aviation regulator DGCA has renewed the airline's air operator certificate
Auditor found wanting in several important corporate fraud cases
NFRA found discrepancies in the DHFL audit process and had prepared a draft audit quality review after working on it for 15 long months
Indian aviation sector poised for growth despite challenges
The net loss for the Indian airlines is expected to go down to Rs 50-70 bn in FY24 owing to higher passenger traffic and pricing discipline: Icra
In 3 decades, one airline on avg went bankrupt every year
Since 1994, the year when private airlines took off in the country, at least 27 scheduled carriers have either been shuttered or have been acquired or...
Go First missed its financial obligations: P&W
With the Wadia group’s low cost Go Airline (India) Ltd (Go First) squarely blaming engine supplier, the US-based Pratt & Whitney for its financial...
Go First insolvency triggers fare rise
Crisis-hit airline cancelled flights for 3 days from May 3; It’ll reduce capacity and air fares will rise on routes where Go First was flying: IATA
Prospects of Indian aviation industry skyrocket after Air India’s mega...
Tata-led carrier’s record order for commercial aircraft from Boeing and Airbus has reawakened industry