"We regret to inform that your company no longer meets the qualifications, established by the IATA Passenger Services Conference Resolution 762, to continue holding the above-mentioned Designator Code," reads the statement.
You are hereby officially notified that IATA has recalled your Designator Code effective immediately; therefore your company must immediately cease using the code for any purpose. The Designator Code will be made available for assignment to other qualifying organizations 60 days from the date of this letter," reads the statement.
The Ministry of Industry and Infrastructural Development had said that revocation of the designator code does not affect refund of air tickets for the cancelled flights.
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