Browsing Category: HOTELS & STAYS

Great news is on the horizon for domestic travelers in India, as the civil aviation sector prepares to welcome three new homegrown airlines in early 2024. The launch of these new carriers comes in response to the booming air travel market, which has seen a remarkable year-on-year growth of 23.57% in 2023, primarily driven by increased domestic departures. This growth presents a lucrative opportunity for new entrants to establish themselves in the…

SpiceJet, the Indian low-cost airline, is taking significant strides toward financial recovery and operational growth. Following a successful raise of ₹3000 crore through a Qualified Institutional Placement (QIP), the airline has addressed outstanding salary dues for its employees from June, July, and August. The total pending salary, amounting to ₹80 crore, has been cleared, signaling a positive shift in the company’s financial management. While the clearing of salary dues marks an important…