SpiceJet is navigating a turbulent phase as its active fleet size contracts critically, edging closer to regulatory limits that govern overseas operations. From 33 aircraft at the end of December, the ...
India’s SpiceJet is to “significantly” restructure its balance sheet in the coming months, raise fresh equity, and embark on an “aggressive push” to grow its fleet. Airline chief Ajay Singh says the ...
Indian low-cost operator SpiceJet is attempting to raise over $350 million to “stabilise” its operations and financial position. The airline is in the process of raising Rs30 billion ($357 million) ...