Virgin Atlantic has announced the completion of financing transactions relating to two Boeing 787 aircraft, further strengthening its balance sheet, in partnership with Griffin Global Asset Management and Bain Capital Credit. On 4 September 2020, Virgin Atlantic achieved the privately…
Lemon Tree Hotels Limited, through its management subsidiary Carnation Hotels Pvt. Ltd., opens Lemon Tree Premier, in Vijayawada. This is the second property of the brand in the third largest city of Andhra Pradesh. The strategic location of the hotel…
Radisson Hotel Group overcame significant global challenges in 2020 to expand its portfolio of properties in Asia Pacific, with the addition of 84 exceptional new hotels and resorts, covering eight of its distinct brands. This rapid growth forms part of…
Civil Aviation Secretary Pradeep Singh Kharola, in a webinar organized by industry body FICCI, said that in the next two to three months, the domestic civil aviation sector is may return to normal. He said, “the sector remained resilient during the ongoing COVID-19 pandemic,…
NCLT’s bench Mumbai has issued a notice to the Directorate General of Civil Aviation (DGCA) and the Department of Civil Aviation (MOCA) to clarify their stance on Jet’s previous slots and to come for a hearing on Jan. 12. The…
SpiceJet announced on Thursday that it has signed an agreement with the GMR Hyderabad Air Cargo (GHAC) to ensure delivery of the coronavirus vaccine from the Hyderabad airport to domestic and international markets. In a release, SpiceJet said as part…
Subramanian Swamy has aksed civil aviation minister Hardeep Singh Puri to disqualify Tata Sons from the Air India disinvestment process. Subramanian Swamy is Rajya Sabha member of parliament (MP) of Bharatiya Janata Party (BJP). He urged the government to disqualify TATA…
National carrier Air India has directed all its employees, who are interested in the bid and have submitted an expression of interest (EoI) for participating in the bid for strategic disinvestment of the airline, to refrain from handling policy and…
The Air India sell-off plan moved to second stage on Monday with the government saying that multiple expressions of interest (EoI) has been received for strategic disinvestment of the national carrier. Salt-to-software conglomerate Tata Group and US-based fund Interups Inc…
India’s top domestic airline, IndiGo has hired Citigroup Global Markets and Bank of America (BofA) to advise on its proposed qualified institutional placement (QIP), according to a report. The final size of the offer, which is valued at ₹3,000 to…
