The airline will now operate a total of five daily direct flights connecting Dammam with Mumbai, Hyderabad, Kozhikode, Trivandrum and Delhi
The pilot said he was disheartened that the airline didn't consult him and took a decision based solely on social media posts
The resolution primarily failed after co-founder Rahul Bhatia's Interglobe Enterpise's voted against it. The Bhatia family and Inter-Globe Enterprises (IGE) together own 38.23 per cent.
The airlines saw a large number of cancellations impacting loads.
Gangwal had sought removal of articles pertaining to transfer and acquisition of the company's shares, including 'Right of First Refusal' and ' Tag Along Right'
The low-cost carrier said that for now, it will continue to operate the Kolkata-Guangzhou flight which it is "monitoring on a daily basis"
The company also announced redesignating Ronojoy Dutta its whole-time director and CEO
The government on Monday issued a Preliminary Information Memorandum (PIM) for 100 per cent stake sale in Air India
On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).
For the recently concluded quarter, analysts at Centrum Broking see the profit declining 7.7 per cent to Rs 176.3 crore primarily "due to lower net fleet addition and higher fuel costs".
This is the 23rd engine snag the airline has faced with Pratt engines in the last two years
Kumar had left IndiGo to join AirAsia India. He has also worked at erstwhile Sahara Airlines
From changes in insolvency law to Wipro Q1 results, Business Standard brings you the top headlines that made news on Wednesday
IndiGo will commence operations on the Kolkata-Dubai route from February 16, while the services to Doha from the capital city of West Bengal will begin from March 1
The duo, together holding 75 per cent stake, is credited with building a successful airline, which at present is worth about Rs 64,627 crore-many times more than the promoters' initial investment
The flights will be to and from Prayagraj-Gorakhpur, Aizawl-Agartala and Varanasi-Bhubaneswar
Recently, the budget carrier also became the first airline to operate 1,500 flights per day
The AAI's western region also requested the Madhya Pradesh government to reduce value-added tax (VAT) on aviation turbine in Bhopal, Indore and Jabalpur to encourage overnight parking of planes
Most legal experts said that to come out of the current situation, InterGlobe Aviation needs to expand the size of its board of directors
The official said it is the first time that the regulator has given approval for aviation English language training organisation and testing service providers.