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Had I not taken Spicejet, it would have been another Kingfisher: Ajay Singh

In a Q&A, Spicejet's CEO says while demand for flying is strong, rising crude could play spoilsport

Ajay Singh
premium

Raghu KrishnanApurva Venkat Bengaluru
Low-cost airline Spicejet growing as it sees more Indians flying, but is concerned that the only thing that would hinder this would be airport infrastructure across cities. In a Q&A with Business Standard, Ajay Singh, CEO of Spicejet, tells Raghu Krishnan and Apurva Venkat while the underlying demand for flying in India is very strong, there could be a dip if crude prices impact airfares. Edited excerpts:

Everyone is talking about airfares going up due to fuel prices...

Of course, if the input price goes up, airfares will go up as well. But they are still in the affordable