weather_iconDublin | 9.97 °C | AQI 25
Thursday, 26 December, 2024

---Advertisement---

Business

DGCA extends cap on SpiceJet to operate at 50% capacity till Oct 29

New Delhi: Aviation regulator Directorate General of Civil Aviation (DGCA) has increased the cap imposed on SpiceJet flight by over a month citing “abundant Caution” reasons, as per an official order issued on Wednesday. Due to a number of mishaps involving SpiceJet’s flights, the Directorate General of Civil Aviation (DGCA) had on July 27 ordered […]

New Delhi: Aviation regulator Directorate General of Civil Aviation (DGCA) has increased the cap imposed on SpiceJet flight by over a month citing “abundant Caution” reasons, as per an official order issued on Wednesday.

Due to a number of mishaps involving SpiceJet’s flights, the Directorate General of Civil Aviation (DGCA) had on July 27 ordered SpiceJet to run no more than 50% of its flights that were allowed in the summer schedule for a period of eight weeks.

---Advertisement---

Also Read :- Wipro terminates 300 employees after found working with rival company

“…the review has indicated that there is an appreciable reduction in the number of safety incidents. However, as a matter of abundant caution, the competent authority has decided that the restrictions as imposed in the order dated July 27.07.20222 that continue to be in force till the end of the summer schedule (which ends October 29, 2022),” the DGCA said in its order.

---Advertisement---

The airline must “demonstrate to the satisfaction of DGCA that it has sufficient technical support and financial resources to undertake such enhanced capacity” before it can increase its capacity beyond 50% of the total number of departures authorised under the summer schedule of 2022 during this time.

Also Read :- 12 Indian billionaires have net worth of over Rs 1 trillion, says report

Additionally, it stated that the regulator will conduct “increased surveillance” of the airline during this time. The budget airline with its headquarters in Gurugram has been dealing with a severe liquidity shortage for a while. Both the quarter ending in March 2022 and the quarter ending in June saw SpiceJet report net losses of Rs 789 crore and Rs 458 crore, respectively.

Up to 80 pilots, 40 from the airline’s Boeing and 40 from its Bombardier Q400 aircraft, have been placed on Leave Without Pay (LWP) beginning on September 21 for a period of three months.

Read More :- Latest Business News

Click Here – Download The News 24 App

HISTORY

Written By

Vikas Kumar

Updated By

Manish Shukla


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

India Vs Australia, 4th Test, Live Blog Updates: Lunch Break, Australia 112/1, Debutant Sam Konstas Gets OUT On 60 Runs

Dec 26, 2024
  • 07:03 (IST) 26 Dec 2024

    India Vs Australia, 4th Test, Live Blog Updates: Lunch Break

  • 07:01 (IST) 26 Dec 2024

    India Vs Australia, 4th Test, Live Blog Updates:

  • 06:58 (IST) 26 Dec 2024

    India Vs Australia, 4th Test, Live Blog Updates: Akash Deep to Labuschagne

N24 Shorts Logo

SHORTS

Sports

Heinrich Klaasen’s Net Worth: IPL’s Highest Retained Star – Salary, Stats & Personal Life Revealed!

Heinrich Klaasen is a skillful cricketer known for his adeptness as a wicket-keeper and a swashbuckling batter. Let's see Klaasen's Net Worth, Salary, Stats, and More.

View All Shorts

---Advertisement---

Trending