Recently, the Union Ministry of Home Affairs (MHA) has granted security clearance to the new Jet Airways promoters. The security clearance will pave the way for the relaunch...
While the national media has been dominated by news that has painted a gloomy picture of the aviation sector in the country, the data put forth by the...
The Union Budget 2019 has made provisions for the relaxation in the FDI norms in the aviation sector. This will allow the beleaguered airlines of India – Air...
The Securities and Exchange Board of India (SEBI) has introduced a strict disclosure framework for credit rating agencies (CRAs). New Norms CRAs must disclose a probability of default...
The Gurugram-based no-frills airline SpiceJet has already hired over 500 employees, including 100 pilots, of the grounded carrier Jet Airways and it is open to induct more as...
Naresh Goyal, the founder of Jet Airways (India) Ltd, has resigned from the board of the troubled airline. Goyal, who has founded Jet Airways over two decades ago...
India’s domestic airline Spicejet, has become the first Indian low cost airline to join the elite group of Airlines, IATA (International Air Transport Association). The IATA membership will...
SpiceJet has become the first Indian low-cost carrier to get the membership of global airlines’ grouping International Air Transport Association (IATA). The membership also allows SpiceJet to explore...
Vistara, the joint venture carrier between Tata Sons and Singapore Airlines, has become the 3rd Indian carrier to be a member of the International Air Transport Association (IATA),...
The Competition Commission of India (CCI) has imposed fine of more than Rs. 54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices with respect...