India Business News: Small, financially weak and startup Indian airlines could now find it costlier to lease aircraft which in turn could mean higher airfares and negati
In a surprise announcement On May 2, Go First had said that it was voluntarily filing for insolvency with the NCLT, blaming US-based engine manufacturer Pratt & Whitney for its financial situation
Aircraft lessor Aircaslte s plea seeks to initiate insolvency proceedings against SpiceJet alleging that the airline has failed to pay its outstanding dues