Go First Partners for Enhanced Leasing Solutions

04 Jan 2024 CW Team

In a bold move to fortify its position in the aviation sector, Go First has embarked on a pioneering journey by establishing a collaborative company with its former staff. The decision to form this joint venture arises from the increasing complexities associated with leasing firms, a critical aspect of the airline industry. The move underscores Go First's commitment to proactively address challenges and streamline its leasing processes for enhanced operational efficiency. This strategic collaboration signifies a forward-thinking approach, with Go First leveraging the expertise of its seasoned ex-employees to navigate the intricate landscape of leasing within the aviation domain. The joint venture is poised to bring about innovative solutions, combining the industry knowledge of Go First with the insights and experience of its former staff. Key aspects of the collaboration include a focus on negotiating favourable leasing terms, optimizing aircraft utilization, and implementing cost-effective measures. By pooling resources and talent, Go First aims to establish a robust framework that not only tackles existing challenges but also positions the airline for sustained growth in the competitive aviation market. As the aviation industry continues to evolve, Go First's proactive stance in forming this collaborative venture exemplifies its commitment to adaptability and resilience. The joint company is anticipated to play a pivotal role in shaping the future trajectory of Go First's leasing strategies, setting the stage for a more dynamic and responsive approach to the ever-changing demands of the aviation landscape.

Resources

04 Jun 2026

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..