Spicejet has informed that it has settled with Airports Authority of India (AAI) and has cleared all the ‘principal’ dues. Financial difficulties of the airline are widely known. It has been defaulting/ delaying on most of it’s financial commitments. It was moved to ‘cash and carry system’ in airports run by the AAI. Spicejet has … Read more
Since May of this year (i.e, in just 2 months), Spicejet has reported 9 mid air snags. This is uncommon in Indian skies and deserved a closer look by the regulator – The Directorate General of Civil Aviation (DGCA). DGCA has now acted and ordered Spicejet to operate only 50% of it’s flights that have … Read more
On Saturday i.e., July 2, 2022 as per reports only 55% of Indigo’s flights could operate on time. Reason – Significant number of cabin crew members took sick leave. As per industry sources – majority of IndiGo’s cabin crew members who took sick leave had gone for Air India’s recruitment drive. This event should not … Read more
Airlines will watch for passenger response during the lean months of July-September Airlines will watch for passenger response during the lean months of July-September With the rise in fuel prices, domestic and international airfares have witnessed surge by up to 50% in the past few months, according to data from online portals. A ticket for … Read more
It is not easy for an airline to turn a profit in India and a lot of issues such as fare caps and high taxes on aviation turbine fuel (ATF) have to be resolved, a senior IATA official said on Sunday. Philip Goh, Regional Vice President for Asia Pacific of International Air Transport Association … Read more
The government has finalised disinvestment for state-owned helicopter service provider Pawan Hans Ltd, according to an official statement on Friday. An empowered cabinet group picked Star9 Mobility Private Ltd as winner for buying 51% stake in Pawan Hans. The asset sale plan will help bridge the budget gap and meet spending targets as the economy … Read more
An EU regulation that dates back to 1993 requires European airlines to maintain empty or near-empty flights With the decline in flights for business or pleasure due to the ongoing pandemic, airlines that are attempting to maintain market share are complaining about the ‘ghost flights’ they are being forced to fly. An EU regulation that … Read more
Finally, as was widely expected, Rakesh Gangwal, the co-founder of Indigo makes some important announcements. He will gradually sell his shareholding over the next 5 years. Gangwal group currently owns 36.61% of Indigo. So as to ease his stake selling and not get restricted due to the access to the non-public information, he has resigned … Read more
Indigo has mandated NAVBLUE (an airbus company) to upgrade some of its latest A320 aircraft to the most advanced navigation technology, RNP AR (Required Navigation Performance with Authorization Required). Key points to note – Indigo is already a customer of NAVBLU since 2006. With RNP AR Upgrade, pilots will be able to navigate mountainous areas … Read more