Jet Airways failure a ‘wake up call’; part of blame at doorstep of policymakers, says SpiceJet chief Ajay Singh

The failure of Jet Airways should be a “wake up call” for the aviation industry and at least part of the blame should be at the doorstep of the policymakers as the cost structure is high, SpiceJet chief Ajay Singh has said. Low-cost carrier SpiceJet is expanding its operations and is set to take on lease 30 planes that were flown by Jet Airways, which suspended operations in April due to cash crunch.

SpiceJet has at least 100 aircraft in its fleet now. Noting that the grounding of Jet Airways was “very sad”, Singh said that internal factors and high costs were among the reasons for its failure. “Jet Airways grounding is something which is very sad and it should be a wake up for all of us in the aviation sector and the policymakers. I think Jet Airways was an iconic brand, and at least part of the blame for its failure has to be at the door step of the policymakers.