Ajay Singh’s SpiceJet turnaround story is running on fumes
As much as he would like to convince investors about the airline’s prospects, it’s increasingly clear the low-cost carrier is just about managing to stay afloat.
5 March, 2026•13 min
0
5 March, 2026•13 min
0
Getting your Trinity Audio player ready...
More in Business
Business
Infra.Market’s debt binge before IPO sets alarm bells ringing
The platform’s pre-IPO debt funding raises fresh questions about cash flows and SEBI’s role. Investors will do well to take note.
You may also like
Business
The 72 hours that saw IndiGo unravel
A crew crunch, new regulatory norms and simmering discontent push India’s biggest airline into its biggest crisis yet, one that could seriously dent its reputation for reliability.
Business
IndiGo has a forex headache
India’s largest airline surprisingly doesn’t seem to have a hedging strategy that is good enough to guard against a weakening rupee. This could potentially clip its wings.
Business
How SpiceJet and India’s legal system nearly killed the aircraft leasing business
Interminable delays and multiple out-of-court settlements later, the world’s leading lessors have tweaked their India playbook—stiffer terms, higher rentals. The fallout has hit aviation startups hard.