‘Woke Up Petroleum Minister’s Private Secretary at Midnight’: How SpiceJet Averted the Jet Fate

India’s second largest airline by passengers has been grounded, more than 16,000 employees are jobless and though there is talk of revival of Jet Airways through stake sale, there is no certainty of this happening.

Any potential bidder for Jet will need very deep pockets indeed to swallow the debt pile and additionally make fresh investments to get it back up.

Some say it would be easier for any interested bidder to start a new airline from scratch instead of taking on the Jet mess. Read More

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