What Happened
Indian Regulator Examines Operations And Finances
India’s aviation regulator is examining SpiceJet’s operations and finances as the airline struggles with cash shortages, flight disruptions, and delayed salary payments. The Directorate General of Civil Aviation (DGCA) is monitoring the carrier to ensure its financial problems do not compromise safety, according to Civil Aviation Minister Ram Mohan Naidu. SpiceJet has received $15.7 million under an Emergency Credit Line Guarantee Scheme to support airlines affected by the Middle East conflict. The airline is seeking to rebuild its schedule and is discussing fundraising options. This development was first reported by AeroTime.