MoCA announces 10-step Helicopter Policy

October 2021

  MoCA has recently announced a new 10-step Helicopter Policy. A dedicated helicopter accelerator cell has been set up by the ministry, which will look at all industry issues in the sector. The ministry has also […]

Tata Sons wins bid to acquire Air India

October 2021

Tata Sons has won the bid to acquire the national carrier, Air India for Rs 180 billion. Apart from a 100 per cent stake in Air India and its low-cost arm, Air India Express, the […]

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 […]

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