MoneyWorks4Me

SpiceJet informs about company updates

13 Dec 2019 Evaluate

SpiceJet has informed that the Company has grounded three of its B737 freighter aircraft on the advice of the Israeli Aerospace Industries (IAI), which converted these aircraft to freighters. During an internal examination of IAIs manufacturing facilities, a potential defect was discovered in the process used to manufacture the 9G rigid barrier installed on these aircraft. These aircraft will return to operations after regulatory clearance. 

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Interglobe Aviation 4796.00
SpiceJet 8.70
TAAL Tech 960.15
Taneja Aerospace 326.05
Global Vectra Helico 121.70
View more..