IndiGo, which operates the largest fleet among Indian carriers, has reported the highest number of serious engine-related incidents.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
Wadia group-owned no-frills airline GoAir on Monday announced that its managing director Jeh Wadia has stepped down from the position. The airline, however, said that Wadia will continue as a promoter. It also announced the appointment of aviation industry veteran Ben Baldanza as vice chairman at the carrier. Baldanza has been an advisor to the company since 2018 and director since 2019.
Many argue that the airline could achieve its full potential if Nusli Wadia were to run it the way he does Britannia.
GoAir has temporarily suspended all its international operations -- Dammam, Kuwait, Muscat, Abu Dhabi, Dubai, Bangkok, Phuket and Male -- starting March 17 until April 15.
The market buzz is that the GoAir promoters are hoping for a valuation that is at least a little more than double its closest rival SpiceJet.
The airline is currently working to normalise its operations with the support of its pilots and cabin crew and expects to be on track by the end of this week, it said.
The airline is strengthening its flight operations department to make this happen.
Kaushik Khona's second innings at GoAir will be more challenging than the first. Globally, the aviation industry is in deep distress because of the pandemic, reports Aneesh Phadnis.
'The right engine of GoAir flight G8 802 from Ahmedabad to Bengaluru is suspected to have suffered from a foreign object damage (FOD) while on take-off roll,' the airline said.
Of the 48 flights, which are not being operated as part of the curtailed schedule, 42 are of IndiGo and six of GoAir.
Delhi, Mumbai, Bengaluru, Ahmedabad, Kochi, Patna and Lucknow, among others, are the cities from where flights have been cancelled.
Some scheduled flights as well as those for which ticket sales are open would be affected.
The budget carrier has reported a series of incidents involving engine glitches, mainly in its A320 Neo planes, which has resulted in non-availability of some of such planes for operations.
The Wadia group-owned airline is building a new management team and putting in place strategies for efficient operations. Leading the change is Cornelis Vrieswijk, the airline's new chief executive officer.
It has a fleet of 47 planes including 17 Airbus A320Neo. The remainder include Airbus A320Ceo planes.
During De Roni's tenure the airline made profit for two successive years.
The selection gives a boost to the US engine firm, which lost out to rival manufacturer CFM International for IndiGo's 280 aircraft engine order in June.
Edgardo Badiali has been appointed CEO of Wadia-promoted GoAir.
GoAir hopes to fly 15 million passengers by 2016-17, serve 30 destinations, up from 21 now, and will largely remain a domestic airline.
GoAir has launched its Seat of Fortune contest under which three lucky winners per flight will get a free return ticket on a sector of their choice.
Airline's auditor attributes profit to changes in accounting system; GoAir says full disclosure made and auditor's note is unqualified
GoAir is smaller in comparison to its rivals but is still surviving despite financial crisis.
The Wadia-group promoted private carrier GoAir's Chief Executive Officer (CEO) Edgardo Badiali, is believed to have has resigned from his post.
Non-metro routes get 73 per cent of its flyers -- a factor that has earned it double-digit share with only 19 planes.
GoAir and Tata-AIG have signed a deal of travel insurance for passengers who book online tickets.
GoAir has launched GoFlexi fare plan, which entails lesser flight cancellation charges and no rescheduling fees.
GoAir said the safety and security of the passengers and crew is always accorded high priority.
GoAir has 19 Airbus A320 planes and operates around 140 daily flights.
Airline wants to fly to West Asia, Southeast Asia.
The DGCA cracked the whip after an IndiGo flight bound for Lucknow returned to Ahmedabad within 40 minutes of its getting airborne due to a mid-air engine failure.
GoAir reluctant to respond to overtures.
The carrier, which is owned and promoted by Jeh Wadia, has been valued at $314-400 million by private equity investors. At 28 per cent, the value of the proposed investment is expected to be $88-112 million.
GoAir, run by the Wadia Group, has come out with an innovative way to attract passengers and reduce distribution cost. The smallest of all domestic airlines by market share, GoAir has rolled out a loyalty programme making it the first low-cost carrier to launch such a scheme.
Around four months ago, GoAir had returned two aircraft to lessors as a part of its "dynamic fleet strategy" that involved inducting more aircraft in the peak season and letting go in the lean season.
Mumbai-based low-cost carrier GoAir has decided to stop its flights to Chennai from the coming week. This is the fourth destination to which the carrier has opted out after Kochi, Coimbatore and Pune.
GoAir has recorded 73% growth in its passenger traffic so far this fiscal.
GoAir on Monday said it will be giving out tickets for free as part of a new marketing initiative.
It is GoAir's endeavour to provide the best fares and most convenient flight options to its customers who are always on the lookout for new and affordable alternatives, its chief executive Giorgio De Roni said.
The sectors, like the rest of the GoAir network would have GoBusiness, comprising the first two rows of the aircraft with the middle seat empty and more legroom.
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