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While it's business as usual for EbixCash, it remains to seen if this will further delay the company's IPO launch.
Peden Doma Bhutia | 4 months ago
Airlines
SpiceJet's bid to acquire GoFirst signals a strategic move to strengthen its market position. However, the carrier's own operational and financial hurdles may pose integration challenges.
Tourism
As a Booking.com survey shows, the travel industry has far to go before it can truly claim inclusivity and a travel economy that values LGBTQ+ travelers.
Peden Doma Bhutia and Amrita Ghosh, Skift | 11 months ago
While a surge in air traffic in the world’s third-largest aviation market led to record jet orders, Go First's bankruptcy made lessors apprehensive about India.
Amrita Ghosh | 11 months ago
The decision may save Go First. But it's aggravating for foreign partners who have leased aircraft to the carrier. Plus, more news from our daily roundup.
GoFirst's bankruptcy filing is not unexpected given the airline's ongoing financial struggles. However, the real question is whether the airline can recover from this situation, especially as the country is still awaiting the resurrection of Jet Airways.
Peden Doma Bhutia | 12 months ago
Airline Weekly
With the threat of bankruptcy gone, Brazil's Azul has a lot to look forward to.
1 year ago
News Blog
Struggling Colombian budget airline Viva Air stopped flying late Monday, less than a month after it filed for the local equivalent of bankruptcy. The Medellin-based carrier, and Colombia's third largest, cited the delay by the country's civil aviation regulator, Aerocivil, in approval of its proposed merger with Avianca for its closure. Aerocivil has been considering…
Edward Russell | 1 year ago
Mexican regional airline Aeromar closed its doors on Wednesday after it failed to reach a deal with creditors or secure new capital. The airline was a small player in Mexico's aviation market, flying less than 1 percent of the country's domestic seats in February, according to Diio by Cirium schedules. However, flying smaller ATR turboprops,…
Although aviation executives have been bullish in recent weeks about the industry continuing to make significant progress in its recovery, Flyr's bankruptcy is a clear sign many airlines' financial challenges are far from over.
Rashaad Jorden | 1 year ago
