Spicejet gets notice due to Non-Payment of Dues
The Directorate General of Civil Aviation (DGCA) has instructed Go First, a leading airline in India, to immediately halt the booking and sale of direct tickets until further notice.
The airline’s sudden cancellation of flights and initiation of the Corporate Insolvency Resolution Process have raised concerns.
The concers are about the safe, efficient, and reliable operation of its services.
The DGCA has also issued a Show Cause Notice to the company for its failure to meet regulatory requirements.
Go First Faces Possible Suspension of Air Operators Certificate
Sources have revealed that Go First’s Air Operators Certificate (AOC) could be suspended depending on the response given by the airline to the Show Cause Notice.
Go First had earlier suspended ticket sales until May 15 and cancelled flights until May 12.
The company has filed a petition for insolvency before the National Company Law Tribunal (NCLT) and is seeking an early hearing on the matter.
SpiceJet Faces Notice on Non-Payment of Dues
In a separate development, the NCLT has issued a notice to SpiceJet, another leading airline in India, in response to a plea by aircraft leasing company Aircastle claiming non-payment of dues.
SpiceJet’s creditor company Aircastle has filed an application to initiate insolvency proceedings against the airline, along with Willis Lease Finance Corporation and Acres Buildwell Pvt Ltd.
SpiceJet has not yet released any statement regarding the matter but has reassured passengers that their flights will not be affected by the hearing.
Next Story :
-
Telangana Achieves Rare National Record In Paddy Production
![Telangana Achieves Rare National Record In Paddy Production]()
Telangana has achieved a rare national milestone in paddy production during the Kharif season, recording an exceptional yield of 153 lakh metric tonnes across 66.77 lakh acres. This production level is unparalleled, both in the history of undivided Andhra Pradesh and in the post-formation years of Telangana.
-
Hyderabad Task Force Arrested Eight People Selling Adulterated Ginger Garlic Paste
![Hyderabad Task Force Arrested Eight People Selling Adulterated Ginger Garlic Paste]()
The Hyderabad Commissioner’s Task Force (North) team caught eight persons who were allegedly preparing adulterated ginger garlic paste and selling it in the market. The sleuths seized huge quantities of garlic, ginger, boxes, garlic ginger paste and other articles from them.
-
Bahubali Main Gate At Telangana Secretariat Removed
![Bahubali Main Gate At Telangana Secretariat Removed]()
The Bahubali main gate (main entrance) at the Secretariat has been removed, leaving many people surprised. The main entrance passage at the Secretariat was blocked with blue tin sheets on Sunday.
-
Onion Prices Surge To Rs. 80 Per Kg In Hyderabad
![Onion Prices Surge To Rs. 80 Per Kg In Hyderabad]()
Onions are back to bring tears to the eyes of consumers with their prices. The prices of onion have again hit the roof, with a kilogram of the edible bulb sold at Rs. 80 in retail markets across the city. The prices which until a week ago hovered between Rs. 30 and Rs. 40 a…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page and Twitter and Instagram. For all the latest Hyderabad News updates
