Ola Fly

10/05/2026

Our lovely couple Mr. & Mrs. Sharma on their package to

07/05/2026

The Centre has approved a Rs 5,000-crore relief package for India’s aviation sector under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to help airlines cope with rising fuel prices, currency volatility and airspace disruptions linked to the West Asia crisis.

👉🏽 The scheme offers eligible airlines loans of up to Rs 1,000 crore, with an additional Rs 500 crore tied to equity infusion. The move comes as carriers face mounting operational costs, with Air India already trimming international routes for June and July due to financial strain.

Liquidity Support For Airlines
👉🏽 The Ministry of Civil Aviation said the loans will have a tenure of seven years, including a two-year repayment moratorium, giving airlines temporary financial relief. The government has also allowed up to 50 per cent of the interest amount to be converted into a Funded Interest Term Loan (FITL). Civil Aviation Minister Ram Mohan Naidu said the package would help airlines manage short-term liquidity challenges, protect jobs and maintain seamless connectivity during global disruptions.

Sector Faces Global Headwinds
👉🏽 Indian airlines have been under pressure due to soaring aviation turbine fuel prices, exchange rate fluctuations and restricted international airspace following the Iran cønflict. The government said earlier measures, including ATF price caps and reduced airport charges, helped carriers remain resilient. However, the latest intervention aims to prevent deeper financial stress across the aviation ecosystem, including allied MSMEs and airport-linked services.

⚡⚡As economic uncertainties continue worldwide, how can India balance financial relief for industries while ensuring accountability and consumer welfare?

Source: The Logical Indian

26/06/2025

23/06/2024

Our guests' vacation in Bali😍

02/05/2023

02/06/2022

’s iconic Boeing 747s may have finally reached the end of the road after colouring international skies in the tricolour for over half a century. The Tatas has revamped the website and the Jumbo Jets are no where to be seen.

India Business News: Air India’s iconic Boeing 747s may have finally reached the end of the road after colouring international skies in the tricolour for over half a centu

21/05/2022

The director general of the Civil Aviation Authority, Arun Kumar, has granted Jet Airways an air operator license. Jet Airways is now able to resume commercial flights.

Source: ET Now.

19/05/2022

Considering the surge in passenger traffic, ’s is soon going to have a new terminal building. Estimated cost of the building is ₹707.73 cr. The three-storeyed building will have all world-class facilities. Inspired by nature, the design of the terminal is a shell-shaped structure depicting the sea and the islands. The entire terminal will also have 100 percent natural lighting for 12 hours a day. More than 80% of the project work is completed.

Source:

18/05/2022

Go First plans IPO of up to Rs 3,600 cr by July after deferring for months.

The airline plans to increase daily flights, add 10 new aircraft by March 2023.

Go First is flying more as the demand in the domestic sector has improved significantly due to the fall in the number of COVID cases. The airline is operating around 300 flights daily as compared to 288 flights in 2019.

However, the airline is yet to return all its current fleet. Out of 56 aircraft, the aircraft is using around 45 with nine A320Neo still parked. “We have 10 more aircraft to be deployed. All aircraft are expected to be operating by the end of June,” the executive said.

The airline has consciously decided not to spread its network thin but increase its strength where it operates. Almost with similar market share the airline operates to 29 destinations as compared to 72 destinations of SpiceJet.

News Source: Business Standard.
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