DGCA grounds Boeing 737 MAX aircraft

March 12, 2019: India joined late Tuesday a global ban on flying the Boeing 737 MAX plane after this week’s crash of this aircraft type in the African skies, increasing the likelihood of a further rise in domestic fares that remain high due to unrelated flight cancellations by some carriers.

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The airline’s operating revenues were at Rs 2,531.3 crore for the reported quarter and Rs 9113.2 crore for the fiscal 2019.