Air fares are set to rise further as India’s ban on Boeing 737 Max planes will add to a spate of cancellations that has seen domestic tickets getting more expensive lately. The move will hit SpiceJet the hardest as it means 12 of the carrier’s planes will be grounded, disrupting its expansion plans.
The Directorate General of Civil Aviation (DGCA) decided late on Tuesday to stop flights by the planes in the wake of the Ethiopian Airlines crash, joining China, the UK, Germany, France and others. The US has taken no action, saying the plane is safe and it’s still reviewing details from the crash on Sunday and the one last year in Indonesia when a Lion Air 737 Max went down.
