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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The low-cost carrier is in all kinds of trouble with lessors and debtors. It will take all of its promoter’s substantial good offices with the government and more to keep it afloat.
Editor's note: The senior airline executives, assembled at the Ministry of Civil Aviation for a meeting with bureaucrats, were aghast. Here was SpiceJet being thanked despite showing a blatant disregard for orders issued by the Directorate General of Civil Aviation, the regulator. It was mid-March 2019. The aviation world was still reeling from the shock of twin air tragedies involving Boeing 737 Max aircraft. In fact, the second one, involving an Ethiopian Airlines flight which crashed killing 157 people, had happened just a few days before, on 10 March. Like aviation regulators around the world, the DGCA too grounded the aircraft in India. But SpiceJet, which was one of two airlines—the other being Jet Airways—to operate the aircraft in India, continued to fly the planes. In doing so, it put the safety of its passengers and crew at risk. “The official explanation was that these flights were operated to get the aircraft back to their maintenance facilities. But there were pictures of these flights departing with passengers making the rounds of social media,” recounts a government official who had followed the developments …
The low-cost carrier is in all kinds of trouble with lessors and debtors. It will take all of its promoter’s substantial good offices with the government and more to keep it afloat.
Editor's note: The senior airline executives, assembled at the Ministry of Civil Aviation for a meeting with bureaucrats, were aghast. Here was SpiceJet being thanked despite showing a blatant disregard for orders issued by the Directorate General of Civil Aviation, the regulator. It was mid-March 2019. The aviation world was still reeling from the shock of twin air tragedies involving Boeing 737 Max aircraft. In fact, the second one, involving an Ethiopian Airlines flight which crashed killing 157 people, had happened just a few days before, on 10 March. Like aviation regulators around the world, the DGCA too grounded the aircraft in India. But SpiceJet, which was one of two airlines—the other being Jet Airways—to operate the aircraft in India, continued to fly the planes. In doing so, it put the safety of its passengers and crew at risk. “The official explanation was that these flights were operated to get the aircraft back to their maintenance facilities. But there were pictures of these flights departing with passengers making the rounds of social media,” recounts a government official who had followed the developments …
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.
A drop in employee costs, despite the need to hire pilots under the new DGCA norms, raises fresh concerns about IndiGo’s staffing, and its vulnerability to a December 2025-scale disruption.
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
The country's fighter jet roadmap rests on imported propulsion, leaving its military plans hostage to cost shocks, delays and geopolitics.
A drop in employee costs, despite the need to hire pilots under the new DGCA norms, raises fresh concerns about IndiGo’s staffing, and its vulnerability to a December 2025-scale disruption.
