SpiceJet
SpiceJet stays firmly grounded as oil firms refuse fuel on credit
17 Dec 2014
A government reprieve this week hasn’t helped SpiceJet much, as the carrier’s operations have been grounded from this morning because oil companies refuse to sell jet fuel to the cash-strapped airline on credit
SpiceJet gets some breathing space after meeting minister
16 Dec 2014
SpiceJet, owned by Kalanaithi Maran's Chennai-based Sun group, has been given a week by the government to submit a financial plan clearly stating how it plans to stay afloat
SpiceJet not ruling out stake sale to garner funds
22 Nov 2014
Global aviation consultancy CAPA has estimated that SpiceJet would need $250 million or close to Rs1,550 crore as also a continued flow of working capital in the near term