The UK-based promoter-director Bhulo (Bhupendra) Kansagra of Delhi-based low-cost carrier SpiceJet is willing to divest the family stake in the airline if the valuations are right. The Kansagra......
As it embarks on a revival path, budget carrier SpiceJet plans to lease seven more Boeing 737 aircraft by May while another Rs 500 crore or Rs 5 billion is expected to be infused by its new owner......
Despite promoter Ajay Singh pumping Rs 500 crore (Rs 5 billion) into the cash-strapped airline, industry watcher say, SpiceJet needs at least 1,500 crore (15 billion) more to stay afloat.......
A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities. Kalanithi Maran, majority owner of low-cost air carrier SpiceJet, could within this week......
Over a typical SpiceJet in-flight meal, Ajay Singh tells Alokananda Chakraborty what it takes to pull a carrier back from the brink. Would lunch at the SpiceJet headquarters in Gurgaon be......