Struggling SpiceJet gets yet another relief


NEW DELHI: In yet another relief to the struggling SpiceJet, aviation regulator DGCA today temporarily removed the 30-day booking restriction on the airline even as the government once again ruled out any succour to the carrier. 

"The one-month booking ceiling imposed on SpiceJetBSE 2.58 % has been taken off and the airline allowed to book tickets beyond 30 days till March next year," government sources said here. 

The DGCA breather to the airline comes a after SpiceJet's Chief Operating Officer Sanjiv Kapoor, along with Sun Group CFO S L Narayanan, met Civil Aviation Minister Ashok Gajapathy Raju and DGCA Prabhat Kumar and sought the government's help to overcome the crisis. 

"No financial plan submitted to DGCA today. Objective of meeting was to discuss financial impact of 30-day booking limit on the airline," Kapoor had tweeted yesterday after the meeting. 

DGCA had on December 5 withdrawn 186 of SpiceJet's slots and directed it not to take bookings of flights over one month, among other measures following large-scale cancellations by the carrier. 

SpiceJet was given a breather yesterday after the state- run Airports Authority of India allowed it some time to clear Rs 200 crore dues following the airline's promoter Kalanithi Maran giving a personal guarantees to infuse more funds. 




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