[ad_1] NEW DELHI: : IndiGo gained the maximum domestic market share last month after Go First stopped flying from May 2, 2023. The Wadia Group airline had 6.4% market share in April which was subsequently lapped up by other big airlines. Big blue IndiGo saw its domestic market share rise by 3.9% from 57.5% in … Read more
[ad_1] KOLKATA: The National Company Law Appellate Tribunal (NCLAT) on Monday allowed IL&FS to withdraw applications against bulk tea major McLeod Russel. This is the second time the bulk tea company will come out of the Insolvency and Bankruptcy Code (IBC) process. IL&FS Infrastructure Debt Fund, a financial creditor of McLeod Russel, had filed a … Read more
[ad_1] Days after the National Company Law Tribunal (NCLT) issued a notice to Indian low-cost airline SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against it, the airline has categorically stated that it has no plans whatsoever to file for insolvency. “We want to scotch any speculation that … Read more
[ad_1] The Directorate General of Civil Aviation (DGCA) has issued a show cause notice to Go First after the airline cancelled fresh bookings from May 3-5. In a statement, DGCA said that no prior intimation was given to the DGCA for such cancellations and Go First (formerly Go Air) has failed to adhere to the … Read more
[ad_1] The Wadia group-owned Go First airline (formerly known as Go Air) has announced to cancel all flights on May 3 and May 4, 2023 amid severe fund crunch. The airline’s chief Kaushik Khona said on Tuesday said the budget carrier has temporarily suspended all the flights, domestic and international and has also filed an … Read more