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India places SpiceJet under operational and financial scrutiny
September 24th 2026
India’s Civil Aviation Minister Ram Mohan Naidu said on September 22 that the Directorate General of Civil Aviation (DGCA) is reviewing SpiceJet’s finances, following the LCC’s long history of cash shortages. Read More » Naidu said the government’s priority is to prevent passenger disruption and ensure that safety standards are not compromised. He added that the government extended the Emergency Credit Line Guarantee Scheme (ELGS), under which SpiceJet has received 1.5 billion rupees ($15.67 million) in support.