SpiceJet set to submit revival plan to government

In trouble budget airline SpiceJet would publish a resurgence plan to the government on Saturday on the reasons for a proposed investment of $200 thousand from beginning supporter Ajay Singh and US-based JP Morgan Chase, resources said on Saturday. The potential traders are likely to buy share from current supporter Kalanithi Maran by infusing $200 thousand within a month to help the air travel stay profitable. Besides Mr Singh, a finance...

Read More

Tata-Singapore Airlines Carrier Vistara Gets Flying Permit

Vistara - a partnership between Tata Sons and Singapore Airlines- on Monday obtained the Air Operator Permit (AOP) or permit to fly from aviation regulator Directorate General of Civil Aviation (DGCA). This opens up the way for cheap air tickets air travel - where Tata Sons keeps a 51 % share while the staying 49 % is with Singapore Airlines - to begin functions in India. Vistara will be the third full service airline after state-run Air Indian...

Read More