GoAir pitches for govt support to tide over COVID-19 crisis; pays salaries to 40% employees on deferred basis
Budget carrier GoAir is seeking financial support from the government amid the coronavirus pandemic and has paid salaries to some of its employees on deferred basis, according to a communication
GoAir pays salaries to 40% staff, rest to be paid in graded manner, reveals promoters letter to employees
GoAir has retained all its employees but salaries are being paid on a graded basis.
Ticket prices: Antitrust investigators find no evidence of collusion by IndiGo, SpiceJet, other rival carriers; CCI yet to make final ruling
Budget airline IndiGo, the country’s biggest carrier, said in a statement “the case is without merit” and added that it has been cooperating with the investigation.
AirAsia CEO Tony Fernandes and chairman step aside as Airbus bribery allegations probed; airline shares drop
Tony Fernandes, one of the aviation industry’s best known executives, and Kamarudin will remain advisers, however, “in view of the current difficult economic circumstances facing the airline industry”, the company added
IndiGo cuts 30 flights daily to 'slightly adjust' schedules; to reduce some flights in March as a proactive measure
Shortage of pilots continued to hamper operations of budget carrier IndiGo
AirAsia India Chief Executive Amar Abrol also said the company will soon infuse "millions of dollars" to meet its expansion plans
SpiceJet has been struggling to pay its bills due to a cash crunch and had briefly grounded planes in December.
Zest Air has a bigger fleet in the Philippines while AirAsia has a larger network and will make available its fleet of A320 aircraft to Zest Air, making the partnership a good marriage