The Wadia Group, under the leadership of Nusli Wadia, has firmly stated that the bankruptcy of its budget airline, Go First, in May last year, will not impede its ability to raise funds for other businesses within the conglomerate in the future.
Reports indicate that the credit ratings of all Wadia Group companies remain robust.
Established in 2005, Go First filed for voluntary bankruptcy in May 2023, citing outstanding debts exceeding Rs 6,521 crore, primarily owed to lenders, with a s...
Wadia Group affirms financial strength despite Go First`s bankruptcy; Sky One and SpiceJet express interest in acquisition
The Directorate General of Civil Aviation (DGCA) has released the Domestic Winter Schedule for 2023, signalling a significant increase in domestic air travel.Under the schedule 2023, there will be a total of 23,732 weekly departures connecting 118 airports.To be in effect from October 29, 2023, to March 30, 2024, the schedule marks a notable recovery after two consecutive years of reduced domestic flight operations.According to the DGCA, one of the standout features of this winter schedule is...
DGCA releases winter schedule of flights, 23,732 flights set to operate from 118 airports
