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    SpiceJet’s meltdown: Rs 5,500 crore raised, but where did the money go?

    SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid dues, operational collapse and regulatory oversight. Despite repeated capital infusions, the airline faces mounting losses and possible bankruptcy, while questions persist over fund utilisation, management accountability and aviation safety.

    Airlines flew fewer passengers in Sep; traffic falls 6.5% on annual basis

    The month of September 2026 marked a 6.5% decline in domestic air traffic from the previous year. SpiceJet's market share dwindled from 1.2% to 0.6%, whereas IndiGo and Air India gained traction. IndiGo led in On Time Performance at 91.1%, just ahead of Akasa Air at 90.8%. Sadly, many passengers dealt with a series of flight delays and cancellations across different airlines throughout the month.

    DGCA extends pilot rest rule deadline to March as airlines face cost pressures

    The Directorate General of Civil Aviation has extended the deadline for revised pilot rest rules to March 31, 2027. This extension is a response to airlines facing challenges such as rising costs and crew availability issues. Previous relaxations were granted after major operational disruptions by IndiGo due to crew shortages. Airline associations argue that these extensions undermine safety regulations and hinder compliance.

    No worm for early birds on domestic air ticket counter as advance flight booking advantage fades

    Airlines in India are changing their pricing strategies, maintaining high fares for both early and last-minute bookings. The reduced capacity and uncertainty in fuel costs are the main factors influencing these pricing changes. As competition dwindles, fewer options are available for travelers, leading to increased prices. Experts predict that 2027 may also witness higher airfares without increased capacity in the market.

    Govt may consider ATF price stabilisation fund for airlines amid soaring fuel costs

    Amid increasing jet fuel prices, the Indian government is exploring options to stabilize aviation turbine fuel costs. The discussions involve airlines and oil marketing companies due to the impact of geopolitical tensions. Recently, IndiGo announced a rise in fuel surcharges for their flights resulting from volatile ATF pricing. The Federation of Indian Airlines requested a review of the jet fuel pricing formula to alleviate financial pressure.

    DGCA's regulatory monitoring not a fresh finding of safety deficiencies: SpiceJet

    SpiceJet said that the DGCA's regulatory monitoring should not indicate new safety issues. The airline clarified that safety audits and surveillance are routine actions by the DGCA. It said that previous regulatory reviews have not revealed new safety concerns. SpiceJet's domestic market share fell recently, reflecting its operational challenges. Additionally, the company's shares experienced a decline in late afternoon trade.

    The Economic Times
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