The airline currently operates a fleet of 20 narrow-bodied Airbus A320 planes of about 180 seats. Wide-bodied planes typically have more than 300 seats.
Resumption of deliveries will mean the two airlines can implement their expansion plans, a chunk of which have been kept on hold because of the stoppage in deliveries.
An estimated $7 billion is likely to be spent on warehouses, fulfilment centres and logistics parks in the next three to four years.
“We have known about this for a while and adjusted our operations and rostering accordingly. But there will be delays certainly,” said a senior airline executive.
Under the UDAN scheme, by 2022, the government wishes airlines under the regional connectivity scheme to cover over hundred airports.
Adani has formed a JV with an Israeli company for drones. Adani Defence & Aerospace is now setting up a facility in Mundra, Gujarat to make carbon composite aerostructures
The discount on international air tickets -- business and economy class - -purchased during the Easter weekend is on flights across its network provided the travel dates are beyond March 30.
Varun Resources is undergoing bankruptcy proceedings since last year under the IBC.
The government on Wednesday released a preliminary information memorandum inviting expressions of interest — the first stage of financial bids — for the airline.
This is a clear challenge to the new buyer. Taking on such a huge debt on the balance sheet would be a concern for shareholders if the buyer is a listed entity.
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