Latest News on Low Cost Airline
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Low Cost Airline - Total results - 7
May 04, 2020
GoAir pitches for govt support to tide over COVID-19 crisis; pays salaries to 40% employees on deferred basisBudget 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
May 04, 2020
GoAir pays salaries to 40% staff, rest to be paid in graded manner, reveals promoters letter to employeesGoAir has retained all its employees but salaries are being paid on a graded basis.
Feb 26, 2020
InterGlobe Aviation shares fall nearly 2% after SEBI finds violations in corporate governance, listing disclosure normsInterGlobe Aviation has not received any communication from the markets regulator Securities and Exchange Board of India (SEBI), it said in a clarification to the exchanges.
Jul 30, 2019
Air India Express posts Rs 169 cr profit in 2018-19 on higher utilisation of aircraft, manpowerAir India Express on Tuesday reported a net profit of Rs 169 crore in the year ended March 2019 as higher utilisation of aircraft and manpower helped the low-cost carrier
Sep 25, 2014
Au Revoir: Pilots stir force Air France to give up low-cost airline plan in EuropeThe dispute has cost it up to 20 million euros ($25.70 million) a day and has come under political pressure within France to make concessions.
Dec 16, 2013
SpiceJet makes smart move with Tigerair but where are the funds?The pact involves no equity investment what so ever and a statement from SpiceJet made no reference to either the frantic hunt the airline has been conducting for a suitable partner nor reasons for reaching just an interline arrangement with Tigerair instead of getting some money. In many ways, investors of SpiceJet could see this announcement as a let down.
Feb 22, 2013
AirAsia venture to face near-term challengesAirAsia's proposed airline venture in India could face some near-term challenges because of the high-cost environment India offers its airlines.