SpiceJet cancels over 1,800 domestic flights

SpiceJetNew Delhi, Dec. 9 - SpiceJet, owned by the Sun Group of India, has cancelled over 1,800 domestic flights across the country for the current month, after it reported a fifth straight quarter of net losses of 310 crore for July- September period.

In an update on its website, SpiceJet said, it has cancelled a total of 1,861 flights, a few to Kathmandu in Nepal and all others connecting domestic cities, till December 31.

The large-scale flight cancellations came at a time when the aviation regulator DGCA is considering issuing a show-cause notice to the airline for defying its directives regarding advance bookings. DGCA has asked the airline to stop taking bookings of more than one month in advance.

Concerned over the deteriorating condition of SpiceJet and large-scale flight cancellations, DGCA had on Friday also withdrawn 186 of its slots and asked it to clear salary dues of all its employees within the coming 10 days.

SpiceJet stock has also fallen by over 28 percent in the last five trading sessions. (ANI)