SpiceJet Faces Enhanced Surveillance by DGCA Amid Financial Challenges

The Directorate General of Civil Aviation (DGCA) has placed SpiceJet under increased surveillance due to financial headwinds. SpiceJet denies the allegations but faces scrutiny as lessors aim to repossess leased aircraft. The airline's operations and financial results are under close monitoring.
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The Directorate General of Civil Aviation (DGCA) has placed SpiceJet, a budget airline, under increased surveillance due to the company’s recent financial difficulties. However, SpiceJet denies these allegations, asserting that its operations are running smoothly and the information is entirely incorrect.

Enhanced Surveillance Measures

According to an official quoted by PTI, SpiceJet has been under surveillance for more than three weeks, which involves additional nighttime monitoring and spot checks.

Simultaneously, various lessors have sought to reclaim aircraft leased to SpiceJet, although some cases have been resolved by the airline.

The DGCA states that this action is a precautionary measure and it will closely monitor SpiceJet’s flights. The airline has been requested to submit a report regarding recent incidents.

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SpiceJet’s Response

SpiceJet strongly refutes these claims, and a spokesperson clarifies that the information is entirely incorrect and denies receiving any communication from the DGCA.

SpiceJet has encountered multiple financial challenges in recent months, including escalating fuel costs, intense competition, and delays in aircraft maintenance.

Delayed Financial Results

SpiceJet has postponed the release of its financial results for the fiscal year 2022-2023. The airline attributes the delay to the incapacitation of a key member of its audit committee, as stated in a regulatory filing.

(Source and Inputs from PTI News)

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Manish Khandelwal
Manish Khandelwal

Manish Khandelwal, a travel-tech enthusiast with over a decade of experience in the travel industry. Founder and Editor-in-Chief of Travelobiz.com, he's passionate about writing.

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