SpiceJet is the third Indian airline after Go First (earlier GoAir) and IndiGo, which has also announced that it will raise capital
Airline major IndiGo has reduced emissions by about 5 per cent via its ground support equipment automation.
Shareholders of InterGlobe Aviation, parent of the country's largest airline IndiGo, have approved a proposal to raise up to Rs 3,000 crore
The offer is only available to vaccinated passengers aged 18 years and above, who are located in India at the time of booking and have already received a Covid-19 vaccine in the country
Go First was previously known as GoAir
The aircraft is currently under maintenance checks at Hubli, the airline said.
Compared with other major countries during Covid-19, domestic airlines have precariously stayed the course
Analysts remain sceptical on the profitability from freighter business
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We have set for ourselves a minimum threshold of cash, come hell or high water, said Dutta
The carrier is currently operating around 40 per cent and 30 per cent of its pre-Covid domestic and international flights, respectively
In July last year, India'a largest carrier had laid off 10 per cent of its workforce due to the coronavirus-induced economic crisis.
We expect domestic travels to reach February levels by year end, said IndiGo CEO Ronojoy Dutta
The company will not pay any dividend for FY21
The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021
The country's largest airline's revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year
Indigo Q4 Results: Painting a grim picture, Centrum Broking expects IndiGo's net loss to widen sequentially to Rs 743.3 crore from Rs 620.1 crore incurred in Q3FY21
The airline said senior employees would have to go on compulsory leave without pay for up to four days per month till September as passenger traffic has reduced due to the second Covid wave
Decision divides industry with experts calling it interference in commercial freedom of airlines
IndiGo announced that it has selected CFM International 'LEAP-1A' engines to power its fleet of 310 new Airbus family of aircraft which will be delivered from 2023 onwards