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Category: Aviation

Aviation
SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet has reached a settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute of about USD 11.2 million (INR 93 crore). The parties made this joint announcement before the Delhi High Court

Aviation
Jamnagar Airport witnesses record 430 domestic, 110 international flights

Jamnagar Airport witnesses record 430 domestic, 110 international flights

The Jamnagar Airport witnessed a huge surge in air and passenger traffic owing to the pre-wedding function of businessman Anant Ambani and Radhika Merchant, which concluded on Sunday. According to officials, the airport has witnessed

Aviation
Delhi HC warns Go First’s Resolution Professional over aircraft maintenance, contempt plea looms

Delhi HC warns Go First’s Resolution Professional over aircraft maintenance, contempt plea looms

In a recent development, the Delhi High Court (HC) has raised concerns over Go First's Resolution Professional (RP) for their alleged failure to maintain aircraft as per records. The court has given the RP until

Aviation
Delhi Airport Nears 100 Million Passenger

Delhi Airport Nears 100 Million Passenger

  The Indira Gandhi International Airport (IGIA) is anticipated to achieve a passenger handling capacity of over 100 million annually with the completion of Terminal 1, which is almost ready and expected to be inaugurated

Aviation
Indian aviation sector soars with 1,700 new aircraft orders despite challenges: ICRA

Indian aviation sector soars with 1,700 new aircraft orders despite challenges: ICRA

In a significant development for the Indian aviation industry, a robust order book of 1,700 aircraft has been secured, marking a noteworthy expansion over the current fleet size, which stands at just over 600. The

Aviation
Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

The fate of Go First hangs in the balance as potential buyers, including a consortium led by SpiceJet Chief Ajay Singh and Sharjah-based Sky One, propose conditional payments linked to the resolution of a lawsuit

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