The number of flights that IndiGo has been allowed to add in the upcoming season exceeds the number approved for Go First in the summer schedule.
SpiceJet COO Shilpa Bhatia said the additional flights will “support the domestic expansion we are aiming for aggressively”.
Several states mandated quarantine for air passenger in a bid to prevent a surge in coronavirus cases. Several airlines cancelled flights without giving any prior notice to passengers.
The plans to recapitalise and revive SpiceJet may have been finalized as far as prospective new promoters are concerned but crucial approvals are yet to come in. Sindhu Bhattacharya and Areeb Sherwani report that white knight Ajay Singh hopes antitrust regulator Competition Commission of India will wave the green flag before the week is out.
Kingfisher management has assured that it will resume normal flight schedule in five-seven days. Meanwhile, there's some progress on the debt front with lenders willing to offer around Rs 1,000 crore as support for the airliner. Sources also tell CNBC-TV18 that that the income tax department may defreeze its accounts.