Interglobe Aviation's response to DGCA directive
Capital MarketInterglobe Aviation issued a Press Release in relation to the response of the company on the DGCA directive - 'DGCA had issued a directive last week as per which we are required to have at least one LPT 3 modified engine on aircraft which has one unmodified engine more than 2900 hours by November 19, 2019. We are confident that we are able to meet this directive and are able to sustain our current schedule. Subsequently, we have received the latest directive from the DGCA on November 01, 2019, which requires that all operating A320 NEO should have both engines with LPT3 modification installed for operation post 31st Jan 2020. IndiGo currently operates on its fleet of 98 A320 NEO family with around 45% of its engines modified. We are working with both P&W and Airbus on mitigation so that we have enough modified spare engines by January 31, 2020. In the meantime, our schedule remains intact.'
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