Why it's too soon to say SpiceJet has made a comeback
The Ajay Singh-led airline may have claimed it has turned profitable, or has a positive net worth for the first time in a decade, but a closer look suggests otherwise.

Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
The rise and rise of Saudi Arabia in the Middle East aviation landscape
Sanjiv Kapoor, the aviation veteran who moved to the kingdom in 2023, speaks about the country’s ambition in aviation and how this could change the regional dynamics of a sector till now dominated by the UAE and Qatar.
Why the DGCA needs to rethink its multi-crew pilot licence proposal
The new licence may hand all power—and money—to airlines, while giving short shrift to pilots and flying training organizations. Besides, the older CPL mechanism isn’t really broken.
Nykaa and Mamaearth’s oddball performance
Both beauty and personal care companies just delivered their June-quarter results. Their numbers hide more than they reveal.