New Delhi: SpiceJet will continue with its current operations for the next 7-10 days. This follows a day of hectic parleys with SL Narayanan, Chief Financial Officer, Sun Group, which owns the airline, and Sanjiv Kapoor, Chief Operating Officer, SpiceJet, meeting Civil Aviation Minister Ashok Gajapathi Raju and others and seeking relief.
Sources said the cash-strapped airline has been asked to find funds to get its operations back to normalcy. Earlier, Minister of State for Civil Aviation Mahesh Sharma said the Government would take a decision based on the wider interest of passengers regarding SpiceJet’s request for relief.
The airline was to have submitted a recapitalisation plan by Monday and also clear dues of ?200 crore to the Airports Authority of India, else it would have to pay upfront for its operations from Tuesday. “SpiceJet has requested for relief. We will discuss within the Ministry and put whatever decision emerges before seniors in the Government. This will be done in the interest of passengers. No commitment or assurance has been given to SpiceJet,” said Sharma.
15/12/14 Business Line
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Sources said the cash-strapped airline has been asked to find funds to get its operations back to normalcy. Earlier, Minister of State for Civil Aviation Mahesh Sharma said the Government would take a decision based on the wider interest of passengers regarding SpiceJet’s request for relief.
The airline was to have submitted a recapitalisation plan by Monday and also clear dues of ?200 crore to the Airports Authority of India, else it would have to pay upfront for its operations from Tuesday. “SpiceJet has requested for relief. We will discuss within the Ministry and put whatever decision emerges before seniors in the Government. This will be done in the interest of passengers. No commitment or assurance has been given to SpiceJet,” said Sharma.
15/12/14 Business Line
