SpiceJet got nothing other than moral support from government in 2014: Ajay Singh
Ajay Singh, Chairman & MD, SpiceJet broke his silence and gave an exclusive interview to ET Now on the aftermath of India’s oldest private airlines Jet AirwaysNSE -3.77 % temporarily shutting down. Here are the excerpts:
The temporary shutdown in Jet Airways brings opportunities for Spicejet. You are looking to take over some of the Jet Airways fleet as well as some of the slots. How big an opportunity is it for Spicejet?
Firstly, I would like to reiterate that it is an extremely sad moment for the entire aviation sector and a brand that India was so proud of. Jet Airways is one of the finest global brands in aviation. For that airline to suspend operations after 25 years of being in business must give us all pause. We must reflect on why this is happening repeatedly in our country. This happened to Kingfisher, it has happened to numerous smaller airlines.
