Home NEWS SpiceJet’s Hobson’s choice: Swing the axe or descent deeper into trouble

SpiceJet’s Hobson’s choice: Swing the axe or descent deeper into trouble

by Nagoor Vali

SpiceJet’s Hobson’s choice: Swing the axe or descent deeper into trouble
SpiceJet’s Hobson’s choice: Swing the axe or descent deeper into trouble

Getty Photographs

Synopsis

SpiceJet might must take some onerous choices, as its fleet dimension has been decreased by one-fourth, however workers power stays excessive. With Akasa Air sizzling on its heels, rather a lot will rely upon when the second tranche of INR200 crore funding is available in.

2017. Delhi was reeling from yet one more smoggy winter. Because the Solar lastly smiled by the haze, SpiceJet chairman Ajay Singh instructed a packed corridor overlooking Taj Mansingh lodge’s glowing pool that the funds airline had positioned a file USD11 billion order to obtain 100 Boeing 737-MAX planes. Having been outsmarted by Airbus on orders from India, Boeing vice-chairman Ray Conner had specifically flown down although the New Yr holidays had

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