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Air France, Transavia Halt Beirut Flights Until Tuesday Over Security Concerns
Flights to Beirut by Air France and low-cost carrier Transavia France will remain suspended until at least Tuesday due to "security" concerns in the region, parent company Air France-KLM said.
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SpiceJet To Lay Off 1,400 Employees, Save $12 Million Annually: Report
Low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its workforce, aiming to save 1 billion rupees ($12 million) annually.
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IndiGo Fined Rs 1.2 Crore After Viral Video Shows Fliers Eating On Tarmac
Low-cost carrier IndiGo has been fined Rs 1.2 crore by the Bureau Of Civil Aviation Security (BCAS) after a viral video showed passengers eating on the tarmac as they waited for their delayed flight to take off.
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SpiceJet Operates 10 Special Flights To Evacuate Thai Nationals From Israel
In a significant humanitarian initiative, India's low-cost carrier, SpiceJet, has successfully executed ten special flights to evacuate more than 3000 Thai nationals from war-torn Tel Aviv, Israel.
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SpiceJet Gives Lessors 4.8 Crore Shares To Clear Over Rs 230 Crore Dues
Low-cost carrier SpiceJet on Monday said it allotted over 4.8 crore shares to nine aircraft lessors to clear outstanding dues worth nearly Rs 231 crore, as the troubled airline looks to return to full operations.
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SpiceJet To Raise $300 Million In Fresh Capital, Transfer Cargo Business
Low-cost carrier SpiceJet said today it would transfer its cargo business to a unit for 25.56 billion rupees ($308.32 million), and raise another 25 billion rupees in fresh capital.
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SpiceJet's Q3 Profit Rises As Demand For Air Travel Grows
SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel.
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Aloke Singh To Be Chief Of Air India's Low-Cost Carrier From January 1
The Low-Cost Carrier (LCC) business will comprise AirAsia India and Air India Express. Aloke Singh will be the sole CEO of the Air India LCC airline with effect from January 1, 2023.
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Pakistan's Low-Cost Airline Fly Jinnah Set To Launch On October 31
Fly Jinnah, Pakistan's new low-cost carrier, is set to launch on October 31. It will follow the low-cost business model and provide its customer base with a reliable operation and value-driven product.
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SpiceJet Shares Fall Nearly 15% After CFO Quits On Widening Losses
Shares of India's SpiceJet Ltd fell as much as 14.7 per cent on Thursday, after the low-cost carrier posted a bigger loss
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Tata May Have To Write Off AirAsia India's Loss: Report
India's Tata Sons will likely have to make a provision of 26 billion rupees ($325.69 million) as accumulated losses for low-cost carrier AirAsia India , which it's seeking to absorb into unit Air India and merge with Air India Express, the Economic Times reported on Wednesday.
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SpiceJet Plans To Raise Funds Worth $251 Million: Report
The low-cost carrier SpiceJet Ltd is looking to raise funds worth 20 billion rupees ($250.53 million), television channel ET Now tweeted on Tuesday.
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SpiceJet Settles Litigation With Parties Involved For Boeing Aircraft
The low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft.
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SpiceJet Clears All Its Pending Dues With Airports Authority Of India
Indian low-cost carrier SpiceJet Ltd said on Tuesday it had cleared all its outstanding principal dues with the Airports Authority of India, which owns and operates airports in the country.
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SpiceJet's Karachi Landing Its 6th Safety-Related Concern In Under 3 Weeks
The aviation regulator conducted a fleet-wide safety audit of the low-cost carrier just last month and continues to carry out inspections on a case-by-case basis.
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Air France, Transavia Halt Beirut Flights Until Tuesday Over Security Concerns
Flights to Beirut by Air France and low-cost carrier Transavia France will remain suspended until at least Tuesday due to "security" concerns in the region, parent company Air France-KLM said.
-
SpiceJet To Lay Off 1,400 Employees, Save $12 Million Annually: Report
Low-cost carrier SpiceJet said on Monday that it has started adopting measures to reduce its workforce, aiming to save 1 billion rupees ($12 million) annually.
-
IndiGo Fined Rs 1.2 Crore After Viral Video Shows Fliers Eating On Tarmac
Low-cost carrier IndiGo has been fined Rs 1.2 crore by the Bureau Of Civil Aviation Security (BCAS) after a viral video showed passengers eating on the tarmac as they waited for their delayed flight to take off.
-
SpiceJet Operates 10 Special Flights To Evacuate Thai Nationals From Israel
In a significant humanitarian initiative, India's low-cost carrier, SpiceJet, has successfully executed ten special flights to evacuate more than 3000 Thai nationals from war-torn Tel Aviv, Israel.
-
SpiceJet Gives Lessors 4.8 Crore Shares To Clear Over Rs 230 Crore Dues
Low-cost carrier SpiceJet on Monday said it allotted over 4.8 crore shares to nine aircraft lessors to clear outstanding dues worth nearly Rs 231 crore, as the troubled airline looks to return to full operations.
-
SpiceJet To Raise $300 Million In Fresh Capital, Transfer Cargo Business
Low-cost carrier SpiceJet said today it would transfer its cargo business to a unit for 25.56 billion rupees ($308.32 million), and raise another 25 billion rupees in fresh capital.
-
SpiceJet's Q3 Profit Rises As Demand For Air Travel Grows
SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel.
-
Aloke Singh To Be Chief Of Air India's Low-Cost Carrier From January 1
The Low-Cost Carrier (LCC) business will comprise AirAsia India and Air India Express. Aloke Singh will be the sole CEO of the Air India LCC airline with effect from January 1, 2023.
-
Pakistan's Low-Cost Airline Fly Jinnah Set To Launch On October 31
Fly Jinnah, Pakistan's new low-cost carrier, is set to launch on October 31. It will follow the low-cost business model and provide its customer base with a reliable operation and value-driven product.
-
SpiceJet Shares Fall Nearly 15% After CFO Quits On Widening Losses
Shares of India's SpiceJet Ltd fell as much as 14.7 per cent on Thursday, after the low-cost carrier posted a bigger loss
-
Tata May Have To Write Off AirAsia India's Loss: Report
India's Tata Sons will likely have to make a provision of 26 billion rupees ($325.69 million) as accumulated losses for low-cost carrier AirAsia India , which it's seeking to absorb into unit Air India and merge with Air India Express, the Economic Times reported on Wednesday.
-
SpiceJet Plans To Raise Funds Worth $251 Million: Report
The low-cost carrier SpiceJet Ltd is looking to raise funds worth 20 billion rupees ($250.53 million), television channel ET Now tweeted on Tuesday.
-
SpiceJet Settles Litigation With Parties Involved For Boeing Aircraft
The low-cost carrier SpiceJet Ltd said on Tuesday it has entered into a settlement agreement with aircraft lessor Goshawk Aviation Ltd and its affiliates related to three Boeing aircraft.
-
SpiceJet Clears All Its Pending Dues With Airports Authority Of India
Indian low-cost carrier SpiceJet Ltd said on Tuesday it had cleared all its outstanding principal dues with the Airports Authority of India, which owns and operates airports in the country.
-
SpiceJet's Karachi Landing Its 6th Safety-Related Concern In Under 3 Weeks
The aviation regulator conducted a fleet-wide safety audit of the low-cost carrier just last month and continues to carry out inspections on a case-by-case basis.
