SpiceJet flights to be reinstated gradually: DGCA

India will allow SpiceJet Ltd NSE 6.91 % to reinstate flights in a “graded manner” once the airline shows it has sufficient engineering strength and the financial ability to stock up on spares, the country’s air safety watchdog told Reuters.

Last week, in an unprecedented move, India slashed SpiceJet’s approved departures by 50% for a period of eight weeks after an audit revealed the airline’s inability to establish “a safe, efficient and reliable” service.

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