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Aviation
SpiceJet settles dispute with Lessor, saving costs

SpiceJet settles dispute with Lessor, saving costs

  SpiceJet has officially resolved a USD 49.8 million (INR 413 Crore) dispute with Echelon Ireland Madison One Ltd., marking a significant achievement for the airline. This settlement not only translates to substantial cost savings

Aviation
NCLAT dismisses plea of JKC; allows sale of planes to Ace Aviation

NCLAT dismisses plea of JKC; allows sale of planes to Ace Aviation

The National Company Law Appellate Tribunal (NCLAT) has dismissed the plea of Jalan Kalrock Consortium (JKC), the successful bidder for Jet Airways, opposing the sale of three aircraft to Ace Aviation. JKC has now moved

Aviation
Singapore approves Air India-Vistara deal with conditions

Singapore approves Air India-Vistara deal with conditions

  Today, Singapore's competition watchdog announced its approval of the merger between Tata Group-owned Air India and sister airline Vistara, a joint venture between Tata and Singapore Airlines. The merger aims to establish a dominant

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

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