SpiceJet’s revival set to get approval
Recently in a multi-layered deal, SpiceJet went back to Ajay Singh’s leadership
New Delhi: The civil aviation ministry is all set to approve the revival plan of cash-strapped carrier SpiceJet amid the change in ownership of the airline, even as trouble loomed once again before the airline, with aircraft lessors reportedly approaching aviation authorities in order to seek permission to repossess 11 aircraft of the airline, according to ministry sources. Recently, SpiceJet had announced change in leadership from the current promoter Kalanidhi Maran back to the former promoter Ajay Singh.
( Source : deccan chronicle )
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