Last Updated: April 26, 2024, 18:11 IST The fate of Go First hangs in the balance as stakeholders navigate complex legal and financial considerations. The Airports Authority of India (AAI) has been tasked with liaising with the lessors regarding the export of aircraft and ensuring compliance with airworthiness standards, as per the High Court’s directives. … Read more
“I have leapt off a cliff. I can either grow wings or crash.” This is how a young trainee pilot describes his predicament after spending five years and ₹1.07 crore on learning how to fly, along with a steep employment bond of ₹50 lakh which locks him in for five years with the country’s biggest … Read more
Boeing CEO Dave Calhoun will step down from the embattled plane-maker at the end of the year as part of a broader management shuffle, capping a tumultuous five-plus years that have shaken faith in one of the U.S.’s most-storied manufacturers. In a letter to employees announcing his departure, Calhoun wrote that the company is focused on returning Boeing “to … Read more
A “bullishness” greets the skies as more passengers are set to step into airports and more aircraft, including A350s, are ready to carry them in expanding routes in 2024 even as the fate of two bankrupt airlines remain uncertain. A slew of airports and terminal building inaugurations and revised norms to address pilot fatigue issue … Read more
