New Delhi: Concerned about the financial and operational performance of the Kalanithi Maran-promoted SpiceJet, the Directorate General of Civil Aviation (DGCA) on Friday withdrew 186 flight slots of the airline and directed it not to take bookings for flights beyond a month.
After reviewing the financial and operational parameters of the budget carrier, Prabhat Kumar, Director General of Civil Aviation, issued a series of instructions to the airline. SpiceJet was directed to clear dues of about Rs 1,600 crore to various vendors and suppliers and to file a “convincing schedule” by December 15.
The regulator also directed the airline not to accept bookings for cancelled flights and refund all affected passengers within a month. “Till now, they have been accepting bookings for cancelled flights, too. We have instructed them not to do so,” said a senior DGCA official.
06/12/14 Sharmistha Mukherjee/Business Standard
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After reviewing the financial and operational parameters of the budget carrier, Prabhat Kumar, Director General of Civil Aviation, issued a series of instructions to the airline. SpiceJet was directed to clear dues of about Rs 1,600 crore to various vendors and suppliers and to file a “convincing schedule” by December 15.
The regulator also directed the airline not to accept bookings for cancelled flights and refund all affected passengers within a month. “Till now, they have been accepting bookings for cancelled flights, too. We have instructed them not to do so,” said a senior DGCA official.
06/12/14 Sharmistha Mukherjee/Business Standard