With a series of default notices and sceptical banks, the promoter has a formidable challenge
It is also leasing wide-body A340 planes, which have allowed it to expand its reach
Six years after a revival, the question being asked is whether India's second largest private airline, SpiceJet, is back where it started
Some admire the way the airline has reacted to Covid crisis but with the airline announcing plans last week to start direct flights to London in the winter of 2020, the list of naysayers is growing
Boeing is facing a "stressful time" and SpiceJet is there as a partner to stand by it in these tough times but "we expect reciprocity", the airline's chief Ajay Singh said on Tuesday. SpiceJet -- the lone domestic carrier that has now-grounded Boeing 737 MAX planes in its fleet -- has also placed a USD 22 billion order for aircraft with the US major. In 2019, Boeing 737 MAX planes were grounded worldwide in the wake of two fatal crashes involving the aircraft. SpiceJet grounded 13 such planes in March last year. Against this backdrop, Singh on Tuesday asserted that the airline has stood by Boeing. Participating in a panel discussion at the 'USIndia Forum: Partners for Growth' conference here, the SpiceJet Chairman & Managing Director said that at this time Boeing has a lot of problems and they are trying to get this plane flying. "At the same time, they are trying to compensate airlines... so it is a stressful time. "We are there as partners to stand by them through a tough time
Through ups and dramatic downs, SpiceJet's Ajay Singh is steering his rocky boat all on his own
The prolonged grounding of the Boeing 737 MAX aircraft has put pressure on the airline's cost control
If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh
Experts says Singh needs to build a senior leadership capable of carrying the airline forward
Interview with Ajay Singh CMD, SpiceJet