Lok Sabha passes AERA Amendment Bill

August 2021

On July 29, 2021, the Lok Sabha passed the Airports Economic Regulatory Authority Amendment Bill. The purpose of this amendment is to pair smaller non-profitable airports with profitable airports as a combination/package to bidders, in […]

SEBI puts GoAir IPO approval process in abeyance

July 2021

The Securities and Exchange Board of India has put in abeyance the initial public offering (IPO) approval process of no-frills carrier Go Airline (India) Limited. GoAir, which has rebranded itself as Go First, plans to […]

SpiceJet to raise Rs 25 billion through QIP

July 2021

  SpiceJet will raise Rs 25 billion through the qualified institutional placement route and hive off its cargo business as a separate entity. The airline has reported a net loss of Rs 2.57 billion for […]

MoCA permits experimental drone flight operations

June 2021

The Ministry of Civil Aviation has permitted experimental drone flight operations, which would be beyond the visual line of sight (BVLOS) of SpiceJet, Dunzo Air Consortium, Skylark Drones, Swiggy and 17 other entities. The 17 […]

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