India allows lessors to take back assets – but not of GoFirst





UPDATE – Delhi-based low-cost airline SpiceJet has reported a net profit of Rs 2.05 billion for the quarter ending June 2023. This is an increase of 126 percent as compared to a net loss of Rs-7.890 billion in Q1 FY2023.…


Delhi-based low-cost airline IndiGo has reported its highest-ever quarterly earnings of Rs 171.609 billion and its highest-ever quarterly net profit of Rs 30.906 billion during the first quarter of the fiscal year 2023-24. Incidentally, the airline reported a net loss…