DGCA lifts SpiceJet off surveillance list over improved financial posture
The airline had been under additional scrutiny due to financial issues and flight cancellations.
The Director General of Civil Aviation (DGCA) and the Civil Aviation Secretary are likely to meet the officials of the Prime Minister’s Office (PMO) ahead in the day to update the PMO about the situation in Jet Airways, informed sources said.
The move comes after Civil Aviation Minister Suresh Prabhu earlier in the day tweeted that he has directed the Secretary for Civil Aviation to review the issues concerning Jet Airways and take required steps to minimise passenger inconvenience.
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The airline on Friday also declared the suspension of its international flights till the weekend.
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The airline’s decision to halt West-bound flights came after it was left with only 14 aircraft from around 120 last year, triggering speculations over its survival as a lengthy stake sale process continued.
The deadline for submission of Expression of Interest (EoI) for Jet Airways ends on Friday.
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