Troubled budget carrier SpiceJet today submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase. Airline's Chief Operating Officer Sanjiv Kapoor told reporters after he submitted the plan to Civil Aviation Secretary V Somasundaran at the Ministry headquarters in New Delhi. He said with 18 operational Boeing aircraft, Spicejet was currently flying 230 flights a day.
News On AIR | December 26, 2014 5:59 PM
SpiceJet submits revival plan to Government