• Thursday, March 28, 2024

Business

India’s crisis-hit Jet Airways faces financial audit by DGCA

India’s DGCA is Expected to Hold a Financial Turbulence Hit Jet Airways.

By: Radhakrishna N S

India’s aviation regulator, Directorate General of Civil Aviation (DGCA) is expected to hold a financial audit on crisis-hit Jet Airways as concerns over the financial health of the country’s oldest private airline rising day by day, according to the sources. The DGCA has already conducted a financial audit on the state-owned air carrier Air India followed by a special financial audit on Air Deccan. The sources said that DGCA is very likely to hold the financial audit of Jet Airways from August 27. As per the orders from the country’s ministry of civil aviation, financial audits have also been conducted…

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