SpiceJet co-founder seeks time to finalise rescue
SpiceJet, India`s second-biggest budget carrier and fourth overall in November, has been struggling for months. Last week it was briefly forced to ground its fleet after suppliers refused to refuel planes.
Dec 22, 2014, 18:56 PM IST
SpiceJet could see change of guard: Industry sources
Beleaguered SpiceJet could see a change of guard if Indian and foreign investors, who are now carrying out due diligence of the cash-strapped airline, are convinced about investing over Rs 1,200 crore and picking up considerable stake in it.
Dec 21, 2014, 10:34 AM IST
One of SpiceJet's original promoters steps in to defuse crisis
Emerging as a white-knight for beleaguered SpiceJet, Ajay Singh, one of its original promoters, Thursday met Civil Aviation Minister Ashok Gajapathi Raju in an effort to bring the troubled carrier out of crisis.
Dec 18, 2014, 21:25 PM IST
