New Delhi: There is chatter around Ajay Singh, the man who launched SpiceJet in 2005, along with London-based Bhulo Kansagra, coming back to bail out the troubled low-cost carrier (LCC) following his meeting with the aviation ministry brass on Wednesday evening.
Singh did not comment on his meeting with aviation secretary V Somasundaram and other top officials but the stopover at the Rajiv Gandhi Bhawan was sufficient to result in suggestions of his re-entry into the LCC.
There was buzz about SpiceJet promoter Kalanithi Maran was in talks with Singh some months back for investing in the airline. While it is not clear if Maran wanted to sell his stake to Singh or get him to invest in the airline, the LCC co-founder may yet again play an important role in it.
18/12/14 Times of India
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Singh did not comment on his meeting with aviation secretary V Somasundaram and other top officials but the stopover at the Rajiv Gandhi Bhawan was sufficient to result in suggestions of his re-entry into the LCC.
There was buzz about SpiceJet promoter Kalanithi Maran was in talks with Singh some months back for investing in the airline. While it is not clear if Maran wanted to sell his stake to Singh or get him to invest in the airline, the LCC co-founder may yet again play an important role in it.
18/12/14 Times of India
