Live
- CM Revanth Reddy Condemns Attacks on Film Personalities' Homes, Calls for Strict Action
- Victory Venkatesh and Nandamuri Balakrishna to Set Screens on Fire with Unstoppable Season 4
- Over 71.81 crore Ayushman Bharat Health Account numbers generated: Centre
- In special gesture, Kuwait's Prime Minister sees-off PM Modi at airport after conclusion of historic visit
- Veer crowned PGTI Ranking champion, Shaurya wins emerging player honour
- Sr National Badminton: Unseeded Rounak Chauhan, Adarshini Shri reach singles semis
- Punjab seeks central assistance to strengthen security in areas adjoining Pakistan
- Malaysian national held from Tamil Nadu for cyber fraud of Rs 2.81 crore
- Child marriage will be eradicated by 2026: Assam CM
- PMK President Anbumani Ramadoss urges TN government to act against online gambling
Sad day for Indian aviation, says SpiceJet on exit of Naresh Goyal
According to reports, SpiceJet is planning to lease Jet Airways' grounded planes from their lessors.
New Delhi: Low-cost airline SpiceJet said on Monday that it was a sad day for Indian aviation as Naresh Goyal and his wife Anita Goyal stepped down from the board of financially-strapped Jet Airways.
"Today is indeed a sad day for Indian aviation. By launching a truly world class airline, Naresh and Anita Goyal made India proud," said SpiceJet's Chairman and Managing Director Ajay Singh.
"This is also a wake-up call for Indian policymakers," he said. "We urgently need to address structural challenges that make India's airlines uncompetitive to airlines around the world," Singh added.
According to reports, SpiceJet is planning to lease Jet Airways' grounded planes from their lessons. The move is aimed at restoring the aviation industry's seat capacity and keeping airfares in check.
Singh is credited with the turnaround of budget carrier SpiceJet, which was once in dire financial straits. The airline has clocked the highest load factor for several quarters in a row.
