The rating agency has also maintained its stable outlook on the industry in view of healthy passenger traffic growth, improved yields and a stable cost environment.
While the spectacular results are a cause for cheer, the unpredictable nature of the airline business means it’s not yet time to break out the champagne
Go First, which has been flying for more than 17 years, will cancel all flights for three days May 3, 4 and 5 and promised to make a full refund to the customers
Because of the new restriction, a Sikh employee wearing a kirpan was recently prevented from fulfilling his duties at Sri Guru Ram Dass Jee International Airport in Amritsar, which Sikh organisations objected to.
A malfunctioning engine alert in the cockpit forced the captain to shut down the engine as a precautionary measure, forcing the aircraft from Bengaluru to Patna to be diverted to Nagpur.