While SpiceJet share price fell up to 6.27% to Rs 123.35, InterGlobe Aviation share lost 3.74% to Rs 1654.1 on BSE.

Air India has reported an operating loss of around Rs 4,600 crore in the last financial year mainly due to rise in fuel prices and higher costs as Pakistan closed its airspace for Indian carriers which resulted in higher costs and caused a daily loss of Rs 3 to 4 crore

Treasury RA Creator, a Russia-based international financial organisation, did not provide enough information about itself to Jet Airways' insolvency resolution professional nor did it deposit the mandatory amount required to seek access to the airline's data. This may disqualify it from bidding for the grounded airline.

Jet Airways crisis: Vistara plans to launch its flights to London early next year while IndiGo is aiming for the middle of next year.

Three entities have expressed interest. That includes Russian Fund Treasury RA Partners, Panama-based investment firm Avantulo Group and South American conglomerate Synergy Group Corp

In the last few weeks, the Directorate General of Civil Aviation has suspended many pilots of SpiceJet and other airlines for similar runway incursion or excursion incidents

Since the beginning of 2019, air passenger traffic started slipping, but the real trouble started when Jet Airways went out of business in April. It led to sudden vacuum in capacity, which meant higher airfares

The Centre seeks the RBI's view on the matter; the move is aimed at curbing instances of illegal deposit of money in bank accounts

SpiceJet said that the consolidation of operations (both passenger and cargo) will help it efficiently provide service to thousands of passengers travelling on the airline to and from the Mumbai's Chhatrapati Shivaji International Airport across both its domestic and international networks by bringing all the operations under one terminal

IndiGo and SpiceJet moving their operations to Terminal T3 will not affect their operations on Terminal T1. Meanwhile, GoAir will not move its operations to Terminal T3.