The airline is facing severe financial issues after grounding more than half of its fleet due to recurring engine issues. The company has also filed for voluntary insolvency resolution proceedings before the National Company Law Tribunal (NCLT), Delhi.
Indian airline Go First, owned by the Wadia group, has suspended flights due to pending dues and engine issues. The airline is also seeking a strategic investor to help it through its financial difficulties.
The Indian domestic air traffic has achieved an all-time high with 4,56,082 passengers in a single day, surpassing the pre-Covid average. Recovery from the pandemic has contributed to the growth of the civil aviation sector, which is setting new records every day.
Manohar International Airport has expanded its direct flight offerings by adding eight new domestic destinations, bringing the total to 21. The move is expected to increase passenger traffic and have a positive impact on tourism and socio-economic activities in Goa.
SpiceJet emerged as the top airline in terms of passenger load factor, while IndiGo continued to lead the domestic market. Akasa Air recorded the best on-time performance, while GoFirst had the worst.
After years of demand from travellers, Air India has announced that it will commence a direct flight between Pune and Mumbai from March 26, 2023. The new route will reduce the usual travelling time between the two cities from three…
India's aviation industry is on the rise as domestic air traffic soars by 74.5% annually, according to recent data from the Directorate General of Civil Aviation. IndiGo, India's largest budget airline, retains its lead with a dominant 55.9% market share in February 2023.
This reduction in flights is likely to lead to a spike in ticket prices for certain destinations during the high-demand summer season. The DGCA's latest data provides valuable insights into the performance of the domestic aviation industry and highlights individual airlines' strategies amid challenging market conditions.
Flight services at Pakyong airport in Sikkim resumed on Tuesday, March 14, 2023, after a SpiceJet plane took off for Delhi, according to officials. The airport’s flight services were suspended in October 2022 due to operational difficulties, causing inconvenience to…
Vistara has announced that it will be shifting its operations to Bengaluru Airport's Terminal 2 from 26th March, offering passengers a range of new state-of-the-art facilities and eco-friendly features.