Tuesday, June 24, 2025

Creating liberating content

NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said

Top stocks to buy today (AI image) Stock market recommendations:

Analysts anticipate Indian equities will continue consolidating, whilst investors monitor

Related News

NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said it has successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL) that

Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Bharat Forge, and National Aluminum are

Analysts anticipate Indian equities will continue consolidating, whilst investors monitor global geopolitical developments. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in trade

Nasa on Tuesday confirmed that the Axiom Mission 4 (Ax-4) to the International Space Station is now targeting a launch on Wednesday, June 25. The mission previously faced series of

When it comes to our physical selves, we do a lot – we eat a lot of healthy food, exercise, take supplements, and drink enough water. However, when it comes

NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked top direct tax officials to make the processes simpler, transparent, and taxpayer-friendly, while seeking to speed up cases of disputed tax

Trending News

NEW DELHI: Adani Airports Holdings Limited (AAHL) on Tuesday said it has successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL) that

Analysts anticipate Indian equities will continue consolidating, whilst investors monitor global geopolitical developments. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in trade

LUCKNOW: RBI governor Sanjay Malhotra on Monday said his experience at the United Nations taught him to challenge status quo, a lesson that helped him streamline government systems during his

MUMBAI: Iran’s parliamentary move to approve the closure of the Strait of Hormuz, an oil shipping chokepoint, has jolted global insurance markets. Already uneasy over the Red Sea disruptions, marine

NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said little headway was made in the review of 15-year-old free trade agreement (FTA) with Asean, despite nine rounds of

Commerce and Industry Minister Piyush Goyal affirmed that India’s free trade agreements (FTAs) prioritize domestic industry interests through extensive stakeholder consultations, carefully balancing offensive and defensive needs. He emphasized pursuing

‘We’ll look at how to address it’: IndiGo CEO on complying with DGCA deadline to end Turkish lease

Word Count: 644 | Estimated Reading Time: 4 minutes


'We'll look at how to address it': IndiGo CEO on complying with DGCA deadline to end Turkish lease

NEW DELHI: IndiGo’s CEO Pieter Elbers on Sunday addressed the Turkish Airlines agreement termination deadline of August 31 set by the government.“This is the government’s decision and we will comply with the government’s decision. We have the coming month to find a solution for the customers which were booked,” he said.Further talking about the airlines’ action plan he added, “The extension helps us to have more time to get that addressed, and we’ll look at how to address it and how to incorporate it. We still have time for the next few months to do that. “Also read: IndiGo confirms order for 30 more Airbus A350s, strengthens wide-body fleetThis statement comes just days after the DGCA issued a “one time last and final three-month extension” to IndiGo for operating two wide-body Boeing 777s wet-leased from Turkish Airlines. Instead of the requested extension until November 30, 2025, the aircraft usage is now permitted until August 31. A senior aviation official stated that this final extension was granted to prevent passenger disruption, with IndiGo providing assurance to terminate the damp lease arrangement within this period without seeking further extensions.The official elaborated that IndiGo currently operates two Boeing 777-300 extended range aircraft under damp lease from Turkish Airlines, initially authorised until May 31, 2025. Whilst the airline sought a six-month extension, this was not approved. However, to avoid immediate flight disruptions affecting passengers, a three-month extension was granted as a final concession.The DGCA’s ruling follows recent developments in Indo-Turkish relations, particularly Turkey’s support for Pakistan during Operation Sindoor and Pakistan’s utilisation of Turkish drones for attacks on Indian cities near the western frontier. This has prompted a strategic reassessment in New Delhi. The Indian authorities had previously withdrawn security clearance for Turkish ground handling firm Celebi, restricting its operations across nine Indian airports. Read more: DGCA gives ‘last & final’ 3-month extension to IndiGo for 2 Boeing 777s wet leased from Turkish Airlines





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account