Airlines selling tickets for ghost flights?

Sachin Shetty bought three tickets in the second week of June for a Mumbai-Mangalore nonstop flight for July 5. Four days before departure, the low cost carrier told him the flight was cancelled and his money had been moved to a credit shell.

from Times of India https://timesofindia.indiatimes.com/business/india-business/airlines-selling-tickets-for-ghost-flights/articleshow/76824366.cms