Shares of two airline operators fell 2.77% to 5.47% after the aviation regulator the Directorate General of Civil Aviation (DGCA) on Sunday (19 April) directed airlines to stop taking bookings until further notice.
InterGlobe Aviation tumbled 5.47% to Rs 1,010.65 while SpiceJet fell 2.77% to Rs 47.25 on the BSE.
Meanwhile, the S&P BSE Sensex was up 52.13 points or 0.17% to 31,640.85.
DGCA in its latest circular on 19 April 2020 said that it has been noted that airlines have started booking tickets for journeys from 4 May 2020. In this respect, it is brought to the notice of all concerned that no decision to commence the operation of domestic/international flights from 4 May 2020 has been taken yet.
In view of this, all airlines are hereby directed to refrain from booking tickets as described above. Further the airlines may note that they shall be given sufficient notice and time for restarting of operations, the regulator said.
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The ongoing nation-wide lockdown, which had started from 24 March midnight, to combat the coronavirus pandemic is scheduled to end on 3 May.
All domestic and international commercial passenger flights have been suspended during the lockdown period. However, cargo and special flights permitted by the DGCA can only fly in this period.
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