DGCA to monitor airfares after India suspends operations of Boeing 737 MAX

Spot airfares for Wednesday and Thursday saw a steep rise on important routes

The Directorate General of Civil Aviation (DGCA) has said it would closely monitor fare movement from Thursday after India suspended operations of all Boeing 737 MAX 8s. A day after the suspension, ministry of civil aviation secretary Pradeep Singh Kharola said DGCA would ensure the grounding does not to affect passengers or operations.

SpiceJet cancelled 14 flights in the second half of on Wednesday. It operates more than 500 flights daily and has around 12 such aircraft. Jet Airways which is going through a financial crisis is cancelling more than 200 flights daily. Jet was forced to ground five more