Monday, December 15, 2014

SpiceJet seeks urgent financial help from govt

New Delhi:  Suffering a total liability of about Rs 2,000 crore, beleaguered no-frill carrier SpiceJet today approached the government and sought urgent financial help to run its daily operations.

Top officials of the airline met minister of state for civil aviation Mahesh Sharma and made the plea for "urgent relief".

The minister said any such decision could be taken by the "highest level" in the government and said the request of SpiceJet would be put up before the Prime Minister's Office and the ministries of finance and petroleum.
"No assurance has been given to them," Sharma told reporters after the meeting.  The meeting came hours after the airline officials met DGCA chief Prabhat Kumar and shared an operational plan, but sources in the aviation regulator said there was "nothing new" in it.
15/12/14 PTI/Times of India
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