Air India recorded loss of INR 7635 cr last year

National carrier Air India has clocked a loss of INR 7635 crore in FY2018-19. As of FY2018-19, the total debt of Air India as on 31st March 2019 is INR 58,351.93 crore. The airline has received an equity infusion of INR 30,520.21 crore till date from FY 2011-12 and this includes the money which has … Continue reading Air India recorded loss of INR 7635 cr last year

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Spicejet ups its game, signs code share with Emirates

Indian low-cost carrier Spicejet announced the signing of an Memorandum of Understanding (MoU) to enter into a reciprocal code share agreement. While Emirates intends to leverage domestic connections of Spicejet from the cities where Emirates flies to in India, the airline also intends to codeshare to 6 destinations which are not services by Emirates but … Continue reading Spicejet ups its game, signs code share with Emirates

No more 6E! IndiGo canceling flights till end of March

IndiGo – the domestic market leader in India has announced a spate of cancellations during the last few days and has now announced that they would cancel about 30 flights per day until end of March. News reports indicated that the airline has cancelled over 70 flights on the weekend. While the airline remained silent … Continue reading No more 6E! IndiGo canceling flights till end of March

It’s curtains for 7 stations of Jet Airways

Jet Airways, struggling to make ends meet, has withdrawn flights from 7 stations effective today. The move was planned in December and this change impacts the entire North East operations and the mini hub at Guwahati which the airline had set up last year. The airline has pulled out of Jorhat, Aizawl, Silchar, Imphal, vizag, … Continue reading It’s curtains for 7 stations of Jet Airways

Turkmenistan Airlines banned from EU, the Indian impact is not as large as it is made out to be

Turkmenistan Airlines – the flag carrier and the only airline of Turkmenistan has been suspended from operating flights to the European Union. The suspension came on 4th February. The airline operates thrice a week to Amritsar and twice a week to New Delhi, though the airline holds permission to operate six times a week to … Continue reading Turkmenistan Airlines banned from EU, the Indian impact is not as large as it is made out to be