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IndiGo and SpiceJet Report Fiscal Year Losses

Two of India's largest carriers have announced losses at the end of their fiscal years. Both IndiGo and SpiceJet reported losses after seeing operating profits from the previous year. At year-end, IndiGo reported a 1.5 billion rupee ($21.6 million USD)…

Indian Airlines Eyeing Jet Airways’ Assets

With the grounding of Jet Airways in mid-April, other Indian airlines have begun circling trying to get a piece of what remains of the carcass. In order to maintain current levels of capacity, the Indian aviation ministry is granting airlines…

SpiceJet Hires Jet Airways Employees Following Cancellation of All Flights

The past few months in the Indian aviation market have been dominated by the tumultuous financial struggles of Jet Airways. These struggles came to a head last week when the airline announced it was ending all flights. The end of…