Spirit Airlines, which emerged from bankruptcy only five months ago, has issued a “going concern” warning in its latest shareholder report. If Spirit cannot raise cash quickly enough to satisfy creditors, it may not survive the next 12 months. “Management…
IndiGo and Akasa are looking at expanding their international footprint while Air India, the oldest carrier in India, is temporarily looking to scale down its international operations. On Tuesday IndiGo announced that it will start operations from Mumbai to Tbilisi,…
India’s youngest airline, Akasa Air, turned three this month with a 30-aircraft fleet and an ambitious plan to expand by 30% annually until 2032. Launched in the depths of the pandemic—when COVID-19 had grounded fleets worldwide—Akasa was a contrarian bet…
deltaBurn is a startup bound to attract a lot of attention. Their focus is on cutting fuel burn by increasing engine efficiency, reducing emissions, and reducing engine wear. The company is currently working on an STC for a turboprop. It…
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