ALSO READIndia aviation regulator orders grounding of 11 jets fitted with P&W engines Three Indigo aircraft grounded after Pratt & Whitney engine issue No plans to ground A320neo fleet powered by 'PW1100G-JM' engines, says DGCA IndiGo grounds three A320 neo planes on engine woes Airbus halts some deliveries, tests after engine snag - sources
On the BSE, 18,000 shares were traded in the counter so far compared with average daily volumes of 1.28 lakh shares in the past two weeks. The stock had hit a high of Rs 1,262.50 and a low of Rs 1,238 so far during the day. The stock hit a 52-week high of Rs 1,358.65 on 27 February 2018. The stock hit a 52-week low of Rs 874.65 on 15 March 2017.
According to media reports, the Director General of Civil Aviation (DGCA) on Monday, 12 March 2018, grounded a few Airbus A320neo aircraft currently operating in the country due to the ongoing Pratt & Whitney engine issue. DGCA asked IndiGo to ground eight of its A320neo aircraft until further notice.
The civil aviation authority has reportedly said that no concrete proposal has been given by Pratt & Whitney yet on when the engine woes will be resolved. All the grounded A320neo aircraft are fitted with Pratt & Whitney engines, reports added.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)