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Cash-strapped airline’s finances were badly hit by pandemic
Ajay Singh, the politically connected owner of SpiceJet, turns to Covid testing to offset lost income
Indian airline is one of US manufacturer’s biggest global customers for 737 Max 8s
Fast-growing carriers remain profitable but outlook clouded by higher fuel costs
Indian carrier faces headwinds from projected rise in fuel costs and fierce rivalries
IndiGo, Jet and SpiceJet penalised $40m for ‘acting in parallel’ on cargo fuel surcharges
Indian airline ekes out first profit in nearly two years after founder instigates turnround
Low-cost carrier expanding after rescue mission by founder Ajay Singh
The potential of a struggling sector long regarded as a luxury is being recognised
Shares in Indian carrier soar 10% as original founder resumes control
Shares soar 19% on reports of bailout plan for cash-strapped Indian carrier
Disruption of services seen as bad sign for carrier’s future
Country’s second-largest airline faces liquidity crunch
With the global economic crisis hitting long-established European and US carriers, the demand for travel in the region, especially in China, will provide much-needed relief for the industry at the Singapore Air Show
The sector is defying financial gravity, writes James Fontanella-Khan
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