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/ -- Star Air, the aviation arm of Sanjay Ghodawat Group, inaugurated its direct flight services between Mumbai and Kolhapur under the Regional Connectivity Scheme. The launch of Kolhapur not only celebrates the expansion of Star Air's travel route but also marks the airline's homecoming, as it serves as the base of Sanjay Ghodawat Group's operations. With Kolhapur transitioning itself into a commercial hub, Star Air looks forward to serving its passengers with seamless connectivity, utmost care and comfort by reducing the current 8-10 hour travel time via road and rail to just under an hour. Owing to its spiritual history, Kolhapur is also known as 'Dakshin Kashi'. Not only is it one of the oldest civilizations in the country, but it has also become an important industry and tourism hub. Famous for its agricultural and manufacturing industry, pilgrim sites, jewellery, leather chappals, historical monuments, and sports, particularly wrestling, it is a confluence of culture and ...
Budget carrier SpiceJet on Friday said it has appointed Ashish Kumar as its Chief Financial Officer. Kumar's appointment for the post is effective from September 9, SpiceJet said in a statement. Kumar succeeds Sanjeev Taneja, who quit the struggling carrier on August 31. Before joining the Gurugram-based low-cost airline, Kumar was serving as vice president for corporate finance at Interglobe Enterprises since January 2019, SpiceJet said. Previously, he served as Chief Financial Officer at Interglobe Hotels for five years from 2014 to 2018, as per the statement. Facing a liquidity crunch, SpiceJet reported a loss of Rs 784 crore for the quarter that ended June 30, compared to a loss of Rs 731 crore a year earlier. The company had also reported a loss of Rs 485 crore for the quarter ended March. "Restructuring SpiceJet and putting it back on a path of rapid growth is the best job in the aviation industry today. Ashish's experience and proven track record will ensure that he can .
Frontier Airlines, facing likely defeat in its bid to merge with Spirit Airlines, is asking for another delay in a shareholder vote on the deal. Frontier CEO Barry Biffle said in a letter made public Monday that his airline is very far from winning approval by Spirit shareholders, who are weighing a richer buyout offer from JetBlue Airways. A shareholder vote at Spirit, already postponed three times, is scheduled for Friday. Spirit's board has stood behind a February deal it struck with Frontier to join the two discount airlines. However, we still remain very far from obtaining approval from Spirit stockholders based on the proxy data we received as of July 8, Biffle said to Spirit CEO Ted Christie and General Counsel Thomas Canfield. Biffle asked for another delay in the vote, until July 27, if the merger plan still lacks the votes for approval so that Frontier can continue to lobby Spirit shareholders. Biffle said that if Spirit's board changes its mind and supports the JetBlue