NEW DELHI: SpiceJet is going through a highly turbulent phase in recent times on account of several glitches and a non-adherence to mandated guidelines in regards to the training of some pilots.
The share price of the airline slumped around 42-43 per cent so far in 2022. On Wednesday, it closed at Rs 39, as against Rs 68 at the start of the year 2022.
Following is a sequence of events which attracted negative press for the airline.
It all started in April 2022 when the aviation watchdog the Directorate General of Civil Aviation (DGCA) had restrained 90 pilots of the airline from operating Boeing 737 Max aircraft, after finding they were not properly trained.
Those pilots were trained on a faulty simulator, and the aviation regulator asked the airline to retrain the pilots, besides slapping a fine of Rs 10 lakh.
