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GoAir offers aircraft, crew to Indian government

INDIA's budget carrier GoAir said on Friday (27) that it has offered government its aircraft, crew and airport staff to carry out emergency services and repatriation of citizens, two days after another low-cost carrier IndiGo made a similar offer.

While there is a ban on international and domestic passenger flights in the country, all-cargo flights can operate as usual, according to the aviation regulator DGCA.


However, DGCA is yet to give permission to airlines to operate flights using their commercial passenger aircraft with just cargo in their belly.

"GoAir has reached out to the Ministry of Civil Aviation and the DGCA and offered its services in the wake of a complete lock down across the nation," the airline said.

India suspended domestic passenger flights from midnight on March 24 and all international flights from 1.30 AM on March 23.

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IMF cuts global growth outlook as oil shock from Middle East war raises recession risks

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IMF cuts global growth outlook as oil shock from Middle East war raises recession risks

  • IMF lowers global growth forecast to 3.1 per cent from 3.3 per cent.
  • Severe scenario could see growth fall below 2 per cent, near recession levels.
  • Oil shock and supply disruption driving inflation and economic uncertainty.

The International Monetary Fund has lowered its global growth forecast, warning that the ongoing conflict in the Middle East and the resulting oil shock could push the world economy closer to a downturn if disruptions continue.

In its latest World Economic Outlook, the IMF now expects global GDP to grow by 3.1 per cent this year, down from its earlier estimate of 3.3 per cent. The revision reflects rising energy prices and uncertainty following the US-Israeli attack on Iran that began on February 28.

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