New Delhi: The Directorate General of Civil Aviation ( DGCA) has directed all Indian carriers to accept passengers of SpiceJet's cancelled flights without charging exorbitant spot fares. The regulator's order is "subject to availability" of seats in other carriers and refers to passengers of SpiceJet flights cancelled at the last minute.
"Spot fares are very high, especially in this peak travel season. We have asked airlines to charge a reasonable fare from passengers of SpiceJet's flights that have been cancelled at the last minute," said a senior official.
"After the Kingfisher experience, other airlines do not want to accept vouchers from SpiceJet as they are unsure of getting money from them. Hence passengers will have to pay other airlines to take their flight and get a refund from SpiceJet for the cancelled flight later," said the official.
Former SpiceJet promoter Ajay Singh — who is eying re-entry into the airline by pumping in Rs 1,200-1,500 crore along with a bunch of global PE funds — is understood to have arranged funds for the low-cost carrier to keep flying without any more hiccups. "Ajay Singh is doing a due diligence of SpiceJet and that process will take about a month. But Singh has arranged for funds for the airline to keep operating till he and his PE funds invest in the airline," said a source.
22/12/14 Times of India
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"Spot fares are very high, especially in this peak travel season. We have asked airlines to charge a reasonable fare from passengers of SpiceJet's flights that have been cancelled at the last minute," said a senior official.
"After the Kingfisher experience, other airlines do not want to accept vouchers from SpiceJet as they are unsure of getting money from them. Hence passengers will have to pay other airlines to take their flight and get a refund from SpiceJet for the cancelled flight later," said the official.
Former SpiceJet promoter Ajay Singh — who is eying re-entry into the airline by pumping in Rs 1,200-1,500 crore along with a bunch of global PE funds — is understood to have arranged funds for the low-cost carrier to keep flying without any more hiccups. "Ajay Singh is doing a due diligence of SpiceJet and that process will take about a month. But Singh has arranged for funds for the airline to keep operating till he and his PE funds invest in the airline," said a source.
22/12/14 Times of India
