New Delhi: SpiceJet resumed operations on a few routes on Wednesday evening after they came to a conclusion with the oil marketing companies (OMC) and stated that any bank loan secured by the company will not be a bail out.
The airline's flights were grounded on Wednesday morning after OMCs refused to provide SpiceJet with credit to buy jet fuel over the issue of non-payment of dues, IANS reported.
"Spicejet apologizes for disruption and pain caused to passengers due to stoppage of fuelling for our flights by the oil companies. We are working to resolve the issue," said Sanjiv Kapoor, chief operating officer of SpiceJet.Responding to the criticism of the government bailing out the airline, Kapoor tweeted: "Ministry request to banks to provide loan is not bailout - loan would be guaranteed by promoter. Banks are reluctant to lend to airlines."
The grounding of SpiceJet's flight across the country was akin to the Kingfisher-type fiasco which resulted in passengers being stranded at various airports.
The company currently has around 250 departures per day with maximum operations being carried out from Delhi and Mumbai.
17/12/14 India Today
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The airline's flights were grounded on Wednesday morning after OMCs refused to provide SpiceJet with credit to buy jet fuel over the issue of non-payment of dues, IANS reported.
"Spicejet apologizes for disruption and pain caused to passengers due to stoppage of fuelling for our flights by the oil companies. We are working to resolve the issue," said Sanjiv Kapoor, chief operating officer of SpiceJet.Responding to the criticism of the government bailing out the airline, Kapoor tweeted: "Ministry request to banks to provide loan is not bailout - loan would be guaranteed by promoter. Banks are reluctant to lend to airlines."
The grounding of SpiceJet's flight across the country was akin to the Kingfisher-type fiasco which resulted in passengers being stranded at various airports.
The company currently has around 250 departures per day with maximum operations being carried out from Delhi and Mumbai.
17/12/14 India Today
