Amid Go First’s bankruptcy declaration, airfares may increase by 10-15 per cent on routes where the airline had a strong presence, forcing travellers who had booked flights to destinations such as Srinagar, Goa, Leh and Phuket to reconsider their itineraries. Notably, Airfares are already experiencing a spike due to the summer travel season in India. […]
In view of the prevailing violence in Manipur, a full fee waiver on rescheduling or cancellation of tickets for all flights to or from the northeastern state has been extended by Air India till Monday. The airline started to offer these concessions on May 4. Several state governments, including those in the country’s northeastern part, […]
Indian logistics services provider Blue Dart Express reported a drop in profit for the second quarter in a row on Friday on continued pressure from higher expenses. The Deutsche Post-controlled company’s consolidated net profit fell over 49 per cent to Rs 69440 crore in the fourth quarter. Blue Dart’s revenue rose over 4 per cent […]
Go First cancelled all flights until May 12 due to operational reasons, the airline said in a statement on Friday. “We regret to inform you that due to operational reasons, Go First flights scheduled till May 12, 2023 have been cancelled. We apologise for the inconvenience caused by the flight cancellations. A full refund will […]
Adani Ports and Special Economic Zone (APSEZ) said in an regulatory filing on Thursday that it has completed the sale of its Myanmar port Coastal International Terminals Pte for USD 30 million. In May 2022, APSEZ declared that it had signed a Share Purchase Agreement (SPA) for the sale of its Myanmar port. This decision […]
Adani Ports and Special Economic Zone (APSEZ) handled 32.3 million tonnes of total cargo in April 2023, a yearly growth of 12.8 per cent. According to the company, the growth in cargo volumes was supported by dry cargo volumes, which increased by 9 per cent (iron ore by 64 per cent, non-coking coal by 22 […]
Air India may hire Go First cabin and cockpit crew as part of its mega expansion plans after the news of Go First going into bankruptcy, according to sources. Air India had placed a historic order for about 500 aircraft recently, and it will need crew for the operations. Recently, Air India had advertised that […]
The Ministry of Coal has conceptualized an Action Plan for the FY 2023-24 with the goal of achieving ‘Aatmanirbhar Bharat’ by enhancing the production, efficiency, sustainability, new technologies etc. in the coal sector, said an official statement on Wednesday. It is an ambitious, well-crafted roadmap that covers a variety of areas stated below. Coal Analytics: […]
Go First Airlines on Tuesday announced that its flight operations will remain cancelled from May 3 to May 5 adding that a full refund will be issued to the passengers. The official media account of Go First Airlines took to Twitter and said,” Due to operational reasons, GoFirst flights for 3rd, 4th and 5th May […]
Cash-strapped Indian airline Go First Airways has suspended its flights for 3-4 May, and filed for insolvency resolution proceedings in the National Company Law Tribunal, local media reported on Tuesday. Go First is suspending flights due to a severe funding crunch, the news agency said in a report, citing the airline’s Chief Executive Kaushik Khona. […]
