India and Thailand have agreed to expand flight connectivity to boost trade and tourism. The two countries signed a memorandum of understanding on air services in Bangkok on Friday – a day before the announcement of general elections. “The bilateral MOU will further enhance capacities of airlines operating between the two countries, aiming at strengthening … Read more
SpiceJet has finalized lease agreements for 10 aircraft, bolstering its capacity ahead of the upcoming summer schedule. This move highlights SpiceJet’s dedication to providing seamless connectivity and improved services to travelers during peak seasons. With these additional aircraft, the airline aims to meet the surging demand for air travel, especially during the bustling summer months. … Read more
Two senior SpiceJet executives have quit the airline weeks after it raised over ₹1,000 crore from investors. Those leaving the company include its Chief Operating Officer, Arun Kashyap and Chief Commercial Officer, Shilpa Bhatia. Also read: SpiceJet lay-offs spur course correction SpiceJet didn’t immediately comment on their resignations, which are said to have been triggered … Read more
Go First lenders have asked resolution professional Shailendra Ajmera to evaluate the revival plans of grounded airline. SpiceJet promoter Ajay Singh and aviation firm Sky One submitted resolution plans for reviving Go First last week. These were opened in a committee of creditors meeting on Friday. “We have asked the resolution professional to analyse the plans … Read more
SpiceJet’s recent job cuts triggered a ripple effect in the Indian aviation industry, bringing to fore the challenges faced by airlines, as also the potential for innovation and growth. Also read:Flight delays due to fog, go up in 2023 Expressing concern over the broader implications of the lay-offs, Diya Malani, Co-founder and CEO of ARTEEZ … Read more