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Thu, Jul 21, 2022
The compliance of the action taken by the operator is verified during the next audit and surveillance. In case of any violations or non-compliance to regulations detected during audit and surveillance, enforcement action including financial penalty is imposed by the DGCA.
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Tue, Jan 31, 2017
To tackle the bad loans problem, the economic Survey 2016-17, has suggested creation of a centralised Public Sector Asset Rehabilitation Agency (PARA) that could take charge of the largest, most difficult cases, and make politically tough decisions to reduce debt.
Wed, Jan 04, 2017
IndiGo and SpiceJet have raised "security" concerns over the government's decision to allow 100% foreign ownership by non-airline players in the Indian carriers.
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