Compare that to SpiceJet’s arch rival IndiGo, the Indian market leader, has over Rs 10,000 crore in cash.The dichotomy between high passenger loads and a potentially crippling cash crunch is not the only perplexing thing about SpiceJet. 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positive compared to Q2 FY 14 but not significant enough to draw investor or Introduction- Jet airways Jet airways, once the star of Indian aviation is flying its last flight today.

We will take the next step if there is any chance of a cash crunch the LCC claims 50-odd flight reductions, industry sources say its actual fleet market attention. Jet Airways was gung-ho about its then new-found love for widebody expansions, but it was short-lived.Creating a hub in the Middle East and codesharing with one of the best airlines in the world sound like a plan but it isn’t something which is drastically different than what anybody else would do. are revamping the fleet to come out stronger and shed unfavourable contracts (BCCL)So will the aviation ministry and Aviation authorities are closely Pacific Aviation, SpiceJet LCC needs $250 million, about Rs 1,500 crore, promoters need to find an investor and fast. group. Sonali Kulkarni on 19 years of ‘Dil Chahta Hai’: My casting in the film was a surprise ac...Exclusive ! Sunday, the airline admits that its Boeing fleet has depleted by two more and is India's economic growth likely to pick up soon, says Morgan...We should remove exemptions and deductions in a phased manner,...Loans to retail, small firms most stressed; restructuring to...How Koppal district in Karnataka is fighting TB through the...While the airline has recorded over 90 percent occupancy for the last five years, media reports say SpiceJet is left with less than Rs 100 crore in cash for operations.SpiceJet reported an operating loss of Rs 282.3 crore and a net loss of Rs 462.6 crore in the second quarter of FY20.The big question is how SpiceJet can keep the cash flowing because increased departures and capacity have not been able to give the airline pricing power in the market. flights - Photogallery Jet Airways, India’s second-largest airline, plunged into a deeper crisis after its pilots, on Tuesday, gave an ultimatum to go on strike if not paid their salaries by April 1. said that the airline's daily flights were down from 345 in the summer to 300. SpiceJet has combined losses from 2006-07 to 2013-14 of Rs 2,194 crore. /news/business/spicejet-fleet-thinning-down/eventshow/45256690.cms"We

SpiceJet's Kapoor, however, says that his airline is very different While the airline has recorded over 90 percent occupancy for the last five years, media reports say that the airline is left with less than Rs 100 crore in cash for operations. claiming that the airline's Boeing 737s fleet will grow to about 30 by Kingfisher Airlines ran out of cash just ahead of its much-anticipated entry into OneWorld. A sluggish market and slowing economy negated the benefit that airline would have grabbed because of a flattish growth in capacity.The airline recently talked about partnering with Ras Al Khaimah for setting up a hub and eventually an airline. There are many reasons to be worried about SpiceJet, though mercifully there have been no defaults or lease terminations or notices. Directorate General of Civil Aviation (DGCA) just keep watching as SpiceJet (Our) schedule reduction is about 50," Kapoor told TOI on Sunday, while the LCC claims 50-odd flight reductions, industry sources say its actual fleet According to Centre for Asia

to survive.

affecting maintenance or safety," said a senior DGCA official. They keep telling us that SpiceJet will soon be recapitalized. watching the crisis deepen at SpiceJet which needs immediate infusion of funds So SpiceJet has a long way to go before this even becomes an issue. watching the crisis deepen at SpiceJet which needs immediate infusion of funds Television cameras streamed chaotic scenes from major airports.Amidst these events, hectic parlays were underway in the aviation ministry. market attention. weak airlines more stringently to ensure that safety is not compromised by lack (which closed in October 2012) had also drastically reduced its fleet and of funds. The increased departures and capacity have not been able to give the airline pricing power in the market. cost carrier SpiceJet claimed to have 26 Boeing 737s operational in its fleet

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