GoAir

Go First owes creditors - Central Bank of India, Bank of Baroda, and IDBI Bank - around Rs 6,200 crore

The National Company Law Tribunal warned the airlines that this would be the final extension offered

Over 94 acres of land will be sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002

Bilateral air service agreements between airlines and countries allow them to operate international flights; slots for these flights are allocated by the DGCA and civil aviation ministry

SpiceJet shares closed 11.3% higher on Friday

Go First suspended its flights and filed an insolvency application, squarely blaming engine manufacturer Pratt & Whitney (PW) for its cash crunch

India last month tweaked its laws to exclude leased aircraft from assets that are frozen during bankruptcy proceedings

The clarification of India's recent amendment to its insolvency law potentially paves the way for lessors of bankrupt budget carrier Go First to take back their planes

This comes a day after the Directorate General of Civil Aviation (DGCA) granted 30 days to cash-strapped airline to submit a restructuring or revival plan

TAAI President Jyoti Mayal said there was an apprehension that the travel industry and customers would lose the amounts due to them for services not rendered by the airline

Out of 27 such IPOs, the offer of GoAir will be the first one to expire

A Go First's aircraft, which was heading to Delhi, rejected take off as a dog came on the runway of Leh airport

A GoAir flight from Mumbai to Leh flight on Tuesday diverted to Delhi after fault in second engine, the DGCA said

Huge chaos was witnessed at Patna airport on Tuesday afternoon after the pilot of a GoAir flight from Delhi refused to land at the Jay Prakash Narayan airport.

Budget carrier Go First will evaluate the option of operating chartered passenger flights to Ukraine if there is a proposal from the government, a senior airline official said on Thursday.

SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital

The memorandum of understanding has been signed for the transportation of perishable horticulture and agricultural produce to various destinations across the country

Decision divides industry with experts calling it interference in commercial freedom of airlines

Dispute mentioned in airline's DRHP under 'risk factors'

Fresh funds will reduce pressure on balance sheet but a lot will depend on the company's ability to return to growth