NEW DELHI, Dec 19 (Reuters) - A former part-owner of India's SpiceJet Ltd is leading a 12 billion rupees ($190.5 million) bailout plan to rescue the budget carrier from collapsing, two Indian ...
SINGAPORE/NEW DELHI (Reuters) - The prospective owners of low-cost carrier SpiceJet Ltd plan to cut the airline’s fleet, shrink its network and return to a "plain vanilla" business model to achieve ...
Indian media baron Kalanithi Maran is acquiring 37.73% of budget carrier SpiceJet, with an open offer for another 20%, a deal that could breathe new life into the company. One of Maran’s companies, ...
Ajay Singh, Chairman and Managing Director of Indian carrier SpiceJet, is said to be in talks with a Middle Eastern carrier and an Indian conglomerate to partially sell a portion of his stake in the ...
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