You are here: Home » Companies » News
Why a non-tea player like Carbon Resources is eyeing McLeod Russel
Business Standard

DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29

The Gurugram-headquartered budget carrier has been facing acute liquidity crunch for quite some time

Topics
SpiceJet | DGCA

Press Trust of India  |  Mumbai 



The Delhi-bound SpiceJet airplane following its emergency landing after it caught fire mid-air, at Jai Prakash Narayan Airport, in Patna (Photo: PTI)
SpiceJet has sent as many as 80 pilots -- 40 each from the airline's Boeing and Bombardier Q400 fleet -- on Leave Without Pay (LWP) for three months from September 21

Aviation safety regulator has extended the cap on flights by a little over one month as a matter of "abundant caution", according to an official order on Wednesday.

The Directorate General of Civil Aviation (DGCA) had on July 27 ordered to operate a maximum of 50 per cent of its flights, which were approved in the summer schedule for a period of eight weeks owing to a series of incidents involving its flights.

"...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 said in its order.

DGCA orders SpiceJet to continue operating at 50% capacity till Oct 29

Any increase in the number of departure beyond 50 per cent of the total number of departures approved under the summer schedule of 2022 during this period will be subject to the airline "demonstrating to the satisfaction of that it has sufficient technical support and financial resources to safely and efficiently undertake such enhanced capacity", the order stated.

It also said during this period the airline will be subjected to "enhanced surveillance" by the regulator. The Gurugram-headquartered budget carrier has been facing acute liquidity crunch for quite some time. posted a net loss of Rs 789 crore in the June quarter as well as Rs 458 crore for the quarter ended March 2022.

It has sent as many as 80 pilots -- 40 each from the airline's Boeing and Bombardier Q400 fleet -- on Leave Without Pay (LWP) for three months from September 21.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 21 2022. 16:09 IST

RECOMMENDED FOR YOU

.