Budget Airline

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Budget Airline - Total results - 9
GoAir pitches for govt support to tide over COVID-19 crisis; pays salaries to 40% employees on deferred basis
Business

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
Business

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
Business

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
Business

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

AirAsia India seeks to have fleet size of 20 aircraft by 2018 to fly overseas
Business

AirAsia India seeks to have fleet size of 20 aircraft by 2018 to fly overseas

AirAsia India Chief Executive Amar Abrol also said the company will soon infuse "millions of dollars" to meet its expansion plans

SpiceJet board approves stake sale from Maran to Ajay Singh
Business

SpiceJet board approves stake sale from Maran to Ajay Singh

SpiceJet has been struggling to pay its bills due to a cash crunch and had briefly grounded planes in December.

AirAsia on a shopping spree, buys Philippines' Zest Air
Business

AirAsia on a shopping spree, buys Philippines' Zest Air

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

Air Asia applies for airline JV with Tata Sons
Business

Air Asia applies for airline JV with Tata Sons

Malaysia's AirAsia, Asia's biggest budget carrier, said on Wednesday it is seeking approval to establish a joint venture involving unlisted Indian firms Tata Sons and Telestra Tradeplace.