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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The Wadia Group airline is facing a liquidity crunch that threatens its operations in more ways than one.
Editor's note: AS, an aircraft maintenance technician with low-cost carrier Go First, is disappointed. And helpless. He was one of the scores of technicians at the Wadia Group airline to call in sick as a protest against low pay. As technicians from nearly all bases of the airline joined in the protest over the last few days, AS’s hopes soared. It helped that counterparts at IndiGo managed to get a hike, or at least the promise of one, after a similar action. It was not to be. In a meeting called by senior executives from Go First’s maintenance and human resource departments on Friday morning, AS and his colleagues were informed that there won’t be any hike in pay. “We were told we were free to leave. But those who continue to call in sick will be terminated. Helpless, we had to join back,” says AS. It may look like the Go First management’s aggressive stance has won them the day. But the truth is that the airline has no option. “We have been told that the company is facing losses of …
The Wadia Group airline is facing a liquidity crunch that threatens its operations in more ways than one.
Editor's note: AS, an aircraft maintenance technician with low-cost carrier Go First, is disappointed. And helpless. He was one of the scores of technicians at the Wadia Group airline to call in sick as a protest against low pay. As technicians from nearly all bases of the airline joined in the protest over the last few days, AS’s hopes soared. It helped that counterparts at IndiGo managed to get a hike, or at least the promise of one, after a similar action. It was not to be. In a meeting called by senior executives from Go First’s maintenance and human resource departments on Friday morning, AS and his colleagues were informed that there won’t be any hike in pay. “We were told we were free to leave. But those who continue to call in sick will be terminated. Helpless, we had to join back,” says AS. It may look like the Go First management’s aggressive stance has won them the day. But the truth is that the airline has no option. “We have been told that the company is facing losses of …
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
The Manoj Chacko-led regional airline has had a promising start. Will the lessons of the past keep it on course while it expands?
A drop in employee costs, despite the need to hire pilots under the new DGCA norms, raises fresh concerns about IndiGo’s staffing, and its vulnerability to a December 2025-scale disruption.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
The Manoj Chacko-led regional airline has had a promising start. Will the lessons of the past keep it on course while it expands?
A drop in employee costs, despite the need to hire pilots under the new DGCA norms, raises fresh concerns about IndiGo’s staffing, and its vulnerability to a December 2025-scale disruption.
