
Akasa Air gets nod for international operations amidst pilot shortage
Though the company has not revealed the date for starting international operations, it is aiming to target South Asia, Southeast Asia and the Middle East as popular destinations.
Though the company has not revealed the date for starting international operations, it is aiming to target South Asia, Southeast Asia and the Middle East as popular destinations.
Delhi High Court warns Ajay Singh that it may attach the airline's assets if the payment is not made by September 10.
The Gurugram-based airline will reportedly issue 3.4 crore equity shares of the face value of ₹10 apiece and 13.5 crore warrants to Spice Healthcare.
Ajay Singh, the promoter of SpiceJet will infuse ₹500 crore by way of subscription to equity shares and/or convertible securities/equity share warrants on a preferential basis.
At present, Gangwal and his wife Shobha Gangwal hold 13.23% and 2.99% stake in IndiGo respectively, whereas the Chinkerpoo Family Trust holds a 13.5% stake in the airline.
The airline is in talks with Airbus to lease 500 narrow-body A320 jets, which is expected to eclipse Air India's provisional purchase of 470 aircraft in February this year.
Authorities in charge need to make systemic changes to keep the airspace civil and orderly
AirAsia India, renamed AIX Connect in December 2022, is currently flying with a fleet of 28 A320 planes.
Restrictions imposed on SpiceJet shall continue to be in force till the end of summer schedule as a matter of abundant caution, says DGCA.
The low-cost carrier clarified that no travel-related information, travel records or payment information was compromised.