Flights with duration between 40 minutes to one hour will have fares at a lower limit of Rs 3,300. The fares for such flights were earlier capped by the ministry at Rs 2,900
Wadia group backing helps airline negotiate with BNP Paribas, aircraft lessors
The plane was carrying ace pugilist Mary Kom and 30 other members of an Indian boxing contingent from Delhi
Dispute mentioned in airline's DRHP under 'risk factors'
The flight crew of SpiceJet's Delhi-Zagreb flight had to spend around 21 hours inside the aircraft at the Zagreb airport as there was a sudden change in rules making negative RTPCR test results mandatory for anyone coming from India, the airline said on Saturday. The crew were not allowed to come out of the plane and they conducted the return flight to Delhi -- after the 21-hour rest period -- without passengers or cargo. "Prior to departure from India, email confirmation was received from Croatian authorities that RTPCR is not required for crew," the airline's spokesperson said. On arrival in Zagreb on Tuesday, the crew, including four pilots, as well as cabin crew members, was told that the orders have changed. "Due to sudden and massive increase in COVID cases in India, they were then instructed that RTPCR test is required. This came as a surprise," the airline's spokesperson said. India recorded 3,26,098 coronavirus cases and 3,890 deaths on Saturday. Since the crew could not
The firm suspended operations more than two years ago
Fresh funds will reduce pressure on balance sheet but a lot will depend on the company's ability to return to growth
The company has filed DRHP to raise Rs 3,600 crore
The International Air Transport Association (IATA) has called on governments to ensure that high costs for Covid-19 testing do not put travel out of reach for individuals and families
IAG said it would raise 825 million euros ($1 billion) from a convertible bond, the group's latest move to strengthen its balance sheet as travel remains at very low levels during the pandemic.
Vistara said on Monday it will start flights on the Delhi-Tokyo route from June 16 under the air bubble arrangement formed between India and Japan.
A second wave of Covid-19 has severely hit Indian airlines
Passenger traffic fell nearly 30 per cent in April from a month before and has halved again so far in May
While some areas recorded recovery till the second wave hit, aviation continued to show considerable stress even when the Covid-19 spread had subsided
Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since
India resumed domestic passenger flights on May 25 last year
The aircrafts were grounded in the country since the March 2019 fatal crash of such a plane in Ethiopia
SpiceJet on Saturday said passengers will not be charged any fees for changing date or time in their tickets at least five days prior to the departure date.
The stake sale process got delayed due to the Covid pandemic
The promoter-brothers, distant cousins to IndiGo's Rahul Bhatia, are eyeing Air India's ground handling subsidiary to augment their aviation services business even as they make a big play in EVs