Domestic Air Passenger Traffic Surges 8.34% to 152 Mn in 2023
Go First Revival Uncertain
The prospects of Go First's revival are diminishing as lenders and potential bidders clash over the airline's valuation. The dispute highlights challenges in reaching consensus on the financial restructuring and acquisition of the budget carrier.
Efforts to revive Go First, formerly known as GoAir, have been complicated by disagreements between lenders and interested investors regarding the airline's worth. These differences in valuation have stalled negotiations and cast uncertainty over the airline's future.
Go First, like many other airlines, has faced significant challenges..
Port Blair Airport implements ILS
Port Blair Airport, located in the capital city of the Andaman and Nicobar Islands, has taken a significant step forward in ensuring the safety of air travel by operationalizing Instrument Landing System (ILS). This technology is crucial for ensuring safe landings, especially during adverse weather conditions such as low visibility due to fog or rain.
ILS is a highly sophisticated navigation aid that provides precise guidance to pilots during the approach and landing phases of flight. It does so by transmitting radio signals to the aircraft, allowing pilots to accurately align with the..
FlyBig Launches Budget-Friendly Flights in UP
FlyBig's entry into the Uttar Pradesh aviation market marks a significant milestone, providing passengers with affordable flight options. With base fares starting at less than Rs 100, the airline is set to revolutionize air travel accessibility in the region.
FlyBig's commitment to offering economical airfares aligns with the growing trend of budget-conscious travellers seeking cost-effective transportation solutions. By introducing competitive pricing structures, FlyBig aims to make air travel more inclusive and accessible to a wider demographic.
Passengers can now enjoy the c..
Assam Greenfield Airport Project Halted
The ambitious Greenfield Airport project in Assam has hit a roadblock following a significant decision by the Supreme Court. In a recent ruling, the apex court overturned the order issued by the National Green Tribunal (NGT), effectively halting the construction of the airport. This development has sparked debates and concerns regarding environmental conservation and infrastructural development in the region.
The Assam Greenfield Airport project, aimed at bolstering connectivity and fostering economic growth in the state, has been a subject of contention due to its potential environmen..
Go First Episode Sparks Aviation Regulations
The recent episode involving Go First, formerly known as GoAir, has ignited discussions among legal experts regarding aircraft fleet ownership regulations within the aviation sector. This development has emerged as a pivotal moment, potentially leading to the formulation of stringent governmental norms. The scrutiny surrounding Go First's ownership structure underscores the necessity for clear guidelines to ensure transparency and accountability in the industry.
Legal experts speculate that this incident might catalyze regulatory interventions aimed at enhancing oversight of airline ow..