The latest development comes a day after the NCLT issued a notice to the Ajay Singh-promoted private carrier on a petition filed by an aircraft lessor
The restructuring will avoid lenders suffering a significant write-down as the loans and debt facilities are currently classified as standard accounts
The passenger load was 5.44% higher than August with occupancy between 63.7% and 78.8%
From corporate world to corridors of power, the overall sense is one of satisfaction
The number of departures on a sequential basis in the month touched a high of 6%, as Covid-19 demonstrated a downward trajectory
The higher cap will allow arilines to operate more flights and carry more passengers; aifare limit set to 15 days from 30 earlier
Indigo carried over 38 lakh passengers for a 57% share in the domestic aviation market
The airline will for the first time connect Visakhapatnam with Mumbai, Udaipur with Chennai, and Delhi with Male.
Tata Group and SpiceJet promoter Ajay Singh are among the frontrunners for the bid
Major Indian airlines like SpiceJet and Jet Airways had grounded Boeing 737 aircraft after the crash of an Ethiopian Airlines 737 Max aircraft