
HAL, defence stocks soar as govt clears proposals worth ₹2.23 lakh cr
Shares of state-owned Hindustan Aeronautics Ltd hit a record high of ₹2,500 on Friday.
Shares of state-owned Hindustan Aeronautics Ltd hit a record high of ₹2,500 on Friday.
This is the second time that AWG has cut India's rating and kept the country on a watch list with a negative outlook.
With this order of 500 aircraft, IndiGo's order book has almost 1,000 aircraft yet to be delivered well into the next decade.
DGCA has not rejected lessors' de-registration requests
Lessors' move to take back possession of aircraft operated by Go First may jeopardise the Wadia group's plans to revive the airline.
There does remain a small subset of industry who maintain the airline would fly again even though it hardly has any airworthy aircraft.
The £12 billion British aerospace firm says “technology creation” in India’s aerospace industry does not exist.
Airline issues apology over the incident on Twitter adding that the aircraft landed ‘normally’ in Mumbai.
From August 2, the airline will introduce a new fare class called ‘Economy Lite’ which removes several perks offered by the full-service carrier.
The airline plans to launch international operations later this year.