SpiceJet shares fall 3%, IndiGo erases morning gains after DGCA mandates 60% free seat selection

Airlines IndiGo and SpiceJet saw their share prices dip after the DGCA mandated that at least 60% of flight seats must be offered without selection charges. This passenger-friendly directive also requires airlines to seat passengers on the same PNR together and transparently display passenger rights, especially during disruptions.