
Akasa Air: The Boy Who Cried Wolf
The newest player in India's high drama-prone aviation sector experiences its most forgettable week in a little over a year of take-off.
The newest player in India's high drama-prone aviation sector experiences its most forgettable week in a little over a year of take-off.
In market share, IndiGo tops the chart at 63.3% in August, followed by Air India at 9.8%
Simulator operations were stopped following some lapses were found at Air India’s 2 simulators in Mumbai & Hyderabad
DGCA says Go First must subject “every aircraft to a satisfactory handling flight prior to deployment for flight operations"
On the situation of rising airfares in the country, MoS Gen V.K. Singh (retd) says DGCA has set up a 'Tariff Monitoring Unit' that monitors fares on select domestic sectors
DGCA has not rejected lessors' de-registration requests
Go First to submit operational details such as functioning aircraft, employees info, and funding arrangements
The airline has currently suspended flight operations till May 26.
Lessors' move to take back possession of aircraft operated by Go First may jeopardise the Wadia group's plans to revive the airline.
Aviation stocks witnessed a strong rally on Wednesday amid hope that the grounding of Go First Airlines would boost profits for the rest.