The aviation regulator's decision came at a time when the airline was in the process of settling dues with various lessors who were seeking repossession of its aircraft.
The airline, which currently operates five Bombardier Q400 aircraft from NAC in its fleet, said the agreement settles all past liabilities for the Q400s.
The partnership with FTAI 'will reduce maintenance expense and minimize aircraft downtime, enhancing the airline's overall performance,' said SpiceJet in a statement.
Go First’s bankruptcy and SpiceJet's troubles highlight challenges faced by airlines in maintaining sustainable operations in India's highly competitive and cost-sensitive market.
Kataria, who has over 6.30 lakh followers on Instagram, can be seen lying down on an aircraft seat and lighting a cigarette. He goes on to take a few puffs before the clip ends.
DGCA gave the order after several of SpiceJet's planes recently reported technical snags. During these 8 weeks, SpiceJet will come under 'enhanced surveillance' by the DGCA.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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