Indian LCC SpiceJet cool on bailout

Credit: Kurt Hofmann
Indian low-cost carrier SpiceJet , which was threatened with aircraft lease cancellations and potential bankruptcy in recent months, has rebuffed an offer from JP Morgan Chase for an equity-led bailout. Founder Ajay Singh has regained control of the airline after a series of operational and...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.