Spicejet has received the approval of the Competent Authority, the Ministry of Civil Aviation, Government of India for the ‘Scheme of Reconstruction and Revival for the takeover of ownership, management and control of SpiceJet’ by Ajay Singh in accordance with the application made by the company.
Meanwhile, the Directorate General of Civil Aviation (DGCA) lifted restrictions on SpiceJet allowing it to accept advance bookings beyond March 28, 2015. The regulator had earlier restricted the airline to take advance bookings only up to 31 March on account of disruption of operations in SpiceJet.
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