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Akshay Patel

12th Oct · SEBI-Registered Analyst

India's aviation regulator, DGCA, has imposed a ₹40 lakh fine on

INDIGO
for conducting pilot training using unapproved flight simulators. The penalty includes ₹20 lakh for IndiGo and ₹10 lakh each for the Director of Training and Director of Flight Operations. The executives have 30 days to pay the fines and can appeal with a ₹1,000 fee. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

#Miscellaneous
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