Supreme Court orders liquidation of Jet Airways as debt resolution fails

Supreme Court orders liquidation of Jet Airways as debt resolution fails

08 Nov 2024

The Supreme Court on Thursday ordered the liquidation of Jet Airways in view of the failure to implement the debt resolution plan under some "peculiar and alarming" circumstance.

PM Modi wants coordinated action against hoax bomb threats to airlines

PM Modi wants coordinated action against hoax bomb threats to airlines

25 Oct 2024

Ever since the fugitive founder of the banned terror group Sikhs for Justice, Gurupatwant Singh Pannun, circulated a video on Monday warning passengers against flying Air India

Shankh Air gearing for takeoff as Air Kerala awaits a 2025 launch

Shankh Air gearing for takeoff as Air Kerala awaits a 2025 launch

25 Sep 2024

Two new Indian airlines are aiming to take to air with preliminary clearance from the civil aviation ministry, but both have to obtain approval from the country’s civil aviation authority

Delhi HC disrupts SpiceJet flights with order to ground 3 engines for default on lease payments

Delhi HC disrupts SpiceJet flights with order to ground 3 engines for default on lease payments

18 Aug 2024

The Delhi High Court has ordered SpiceJet to ground three of its leased engines for failure to pay lease rentals to the lessors.

GoFirst’s creditors vote for liquidation of the airline report

GoFirst’s creditors vote for liquidation of the airline report

06 Aug 2024

The Committee of Creditors (CoC) overseeing the debt resolution process of insolvent carrier Go First decided to vote for liquidation of the airline as the committee could not make any headway 15 months

NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways

NCLAT upholds Jalan-Kalrock Consortium’s resolution plan for Jet Airways

14 Mar 2024

The National Company Law Appellate Tribunal (NCLAT) has upheld the debt resolution plan for bankrupt Jet Airways submitted by the Jalan-Kalrock Consortium (JKC)

Akasa Air to start international operations by March-end

Akasa Air to start international operations by March-end

20 Feb 2024

Akasa Air, has announced plans to start flight services to overseas destinations by the end of March 2024, to become the first Indian airline to start international services within 19 months of commencing operations.

SpiceJet to lay off 1,400 employees to cut costs

SpiceJet to lay off 1,400 employees to cut costs

12 Feb 2024

Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.

CBI to probe AI-IA merger, other aviation deals under UPA

30 May 2017

The agency today registered three First Information Reports and a preliminary enquiry (PE) to go into the controversial decisions by the UPA government with regard to the two national carriers, including surrender of profitable routes to favour private airlines

Panel report on AI-IA merger set to be made public

01 Jun 2012

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