SpiceJet Q1 result: SpiceJet currently sits on a debt pile of approximately Rs 3,000-3,500 crore, of which Rs 1,000 crore is on the balance sheet and Rs 2,000-2,500 crore is from the deferred leases
Reduced lease rents, easy availability of pilots and expected buoyancy in air traffic will help the airline as it aims to begin operations next summer
In a Q&A, the vice-chairman of India's second-largest airline says he doesn't see its competition in the market leader, but in SpiceJet, Air India, Vistara and AirAsia
Flights were grounded for seven days in March but weak sentiments worsen fall
Pilots and commanders say that a more "humane" approach towards them would go a long way
Low-cost carriers force the big airlines to figure out a way to draw the most price-sensitive fliers