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SpiceJet to cut at least 1,000 jobs to ensure profitable growth

Layoff 2024: The news indicates that SpiceJet Airlines is about to lay off 1000-1400 workers, or around 15% of its whole staff. Due to financial difficulties, SpiceJet plans to fire many of its staff.

SpiceJet to cut at least 1,000 jobs to ensure profitable growth

Read @ANI Story | https://t.co/CZa4W4iKum #SpiceJet #CivilAviation pic.twitter.com/yKMMFKU9G9
— ANI Digital (@ani_digital) February 13, 2024

According to the ET article, the airlines have justified the workforce reductions by pointing to operational needs to control the company’s overhead expenses.

Let us inform you that SpiceJet Airline employs 9,000 workers at the moment and that it runs approximately 30 aircraft, which also includes eight wet-lease from foreign carriers. If reports are to be believed, the airline is reducing staff because of an estimated Rs 60 crore salary expense.

All GoFirst flights canceled till May 19, no employee will be removed from the company

Go First crisis: A significant update has been made regarding the financially troubled airline firm Go First. Up until May 19, all of the Go First flights have been grounded.

A bankruptcy petition has been filed against the company, and the National Company Law Tribunal (NCLT) suspended the board of directors during the hearing. This has also provided great relief to the employees.

The Go First insolvency petition has been authorised by NCLT. Interim Resolution Professionals (IRP) have been appointed in addition to suspending the board. In addition, the board has been told to pay Rs 5 crore for ongoing costs. Additionally, NCLT made an order for the benefit of the workers. No employee will be fired as a result of this.

The National Company Law Tribunal (#NCLT) admitted the voluntary insolvency petition filed by #GoAirlines (India) Ltd and appointed Interim Resolution Professional (IRP).

The Principal Bench of NCLT, New Delhi also declared moratorium for the company and directed the suspended… pic.twitter.com/Q5r50feuJz
— IANS (@ians_india) May 10, 2023

Flying stopped due to technical glitches in computers at US airport

All airline flights across the US have been suspended until further instructions due to abrupt computer faults in airport and air traffic control systems.

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This information was provided by the Federal Aviation Administration, according to US media (FAA). The FAA stated the following to American station NBC: “The Notice to Air Mission system is being worked on by the FAA.

By the FAA: “We’re checking things out. Reopening the system right now. The National Fly Zone system’s operations are impacted. The flaw is being swiftly fixed. We’ll keep you informed as things develop.

Traveling on an airline will be cheaper! With this decision of the government, now the airlines will be able to decide the price

Airlines will now be unrestricted in their ability to set plane ticket prices. In reality, the government had instituted a cap on airfare during the Corona crisis, which it will now entirely abolish. The maximum and minimum airfares are being eliminated. August 31 will be the effective date of the new policy. Currently, the fair cap is applicable in rolling 15-day intervals. In other words, after 15 days from the date of booking, airlines are free to set their own ticket prices.

Price cap imposed in May 2020

The Aviation Ministry set lower and maximum limitations on airfare depending on flight time when services resumed on May 25, 2020, following a two-month closure caused by Corona.

What is a price cap?

An illustration will help you understand the 15-day limit. If, after 5 days, you must go from Jaipur to Kolkata, the cost of the Indigo flight will be around 5400 rupees. In 14 days from today, this ticket price will be nearly unchanged. However, the 25th (15th day) fare is nearly half of the 25th. In other words, you will receive a 2700 rupee ticket. In other words, despite the airline’s desire to provide passengers with affordable tickets, the price cap prevents it from doing so. For this, he must wait 15 days.

Airlines may give discounts on tickets

SpiceJet, Air India, Indigo, Vistara, and the new airline Akasa, among others, will feel a great deal of comfort from the decision to lift the airfare cap from the airlines. In fact, there is a noticeable limit to domestic air travel in India. The number of passengers is approaching the pre-Corona level. The earnings of the airlines have soared as a result. For all passengers, this is advantageous. Airlines may provide price reductions on tickets to attract more customers.

Decision after fuel demand analysis

The decision to abolish the airfare cap was made after thorough consideration of the daily demand for and pricing of jet fuel, according to Jyotiraditya Scindia, minister of civil aviation. Ever since the corona pandemic subsided, airlines have demanded that the price band on domestic airfare be removed. The price cap, according to the airlines, acts as a barrier to the full recovery of domestic air traffic.

News related to air travelers! These passengers will be able to travel by flight only with the advice of a doctor, new rules of DGCA

DGCA Latest Rule: It is crucial for you to stay up to speed with this info if you enjoy flying as well. The DGCA has significantly altered the regulations governing air travel. In accordance with the new regulation, doctors rather than airline firms will determine whether a disabled customer is fit to fly. Only that person will be barred from the aircraft if the doctor objects to boarding for any legitimate reason during the examination.

Must follow doctor’s advice

The airline will not refuse to transport any customer on the basis of handicap, according to a directive issued to airline operators by the Directorate General of Civil Aviation (DGCA), the governing body for airline businesses. The traveler will need to see a doctor if the airline believes the passenger’s health could deteriorate during the flight. A doctor will discuss the passenger’s medical condition. The passenger’s medical condition will determine whether or not they are able to fly. Only the doctor’s recommendations will be considered by the airline industry when making decisions.

Why was this decision taken?

Let me explain that the DGCA made this order in response to the Ranchi airport incident, in which IndiGo refused to let a youngster with a disability board the plane. Additionally, there was a great deal of protest against this incident. Indigo’s actions were met with stern punishment from the DGCA, which also levied a Rupees 5 lakh fine.

Indigo fined Rs 5 lakh

In the explanation provided by IndiGo, it was said that a crippled youngster was not permitted to board the Ranchi–Hyderabad trip because of concerns for passenger safety. The youngster appeared to be terrified. Following this, the DGCA punished Indigo severely by imposing a fine of Rs 5 lakh and declaring that the employees’ improper behavior had made matters worse.