Prime Minster Narendra Modi spoke to Kerala CM Pinarayi Vijayan over the tragedy at the Calicut airport as an Air India Express flight from Dubai overshot the runway and fell off into the valley, splitting into two. The Prime Minister condoled the loss of lives in the plane crash. “Pained by the plane accident in … Read more
Ministry refuses equity support to AIThe government’s decision not to fund Air India’s losses comes after it took on over 60% of the airline’s debt while preparing to sell the national carrier. The airlines debt stands reduced from Rs 62,000 crore to Rs 23,286 crore, which the government said is the current valuation of the … Read more
MUMBAI: Hoping that the COVID-19-hit aviation industry should be back on “track” within the next one-and-a-half years, budget carrier IndiGo parent InterGlobe Aviation‘s Chief Executive Officer Ronojoy Dutta has said restrictions on travel by certain states are hurting demand. Speaking at an SBI-hosted virtual banking and economic conclave on ‘Impact of COVID-19 on Business & … Read more