17/01/2017

SpiceJet poised for explosive growth

SpiceJet appears to be a bellwether for the health of the Indian aviation market which is on track to become the third largest in the world in 2017. Two years on from a near bankruptcy, the carrier turned a profit of $31 million in 1H 2017, and plans to exploit the boom in domestic Indian traffic with a $10 billion deal for 92 Boeing 737 MAX aircraft signed in January.

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