Sunday, January 31, 2016

Legacy issues to be addressed in 2-3 quarters: SpiceJet chief

New Delhi: Budget carrier SpiceJet expects to address all its legacy issues, including those related to aircraft costs, in the next 2-3 quarters after tackling the low-hanging ones, its chief Ajay Singh has said.

SpiceJet, which has remained profitable for four straight quarters, also plans to order over 100 aircraft in the current financial year and ramp up its headcount in tune with its expansion plans.

"We have addressed the low-hanging issues. There is a lot of work that still needs to be done but now there is a lot of confidence among partners, vendors...," Singh told PTI.

"We will take another two to three quarters (before addressing all these issues)," he said in response to queries on dealing with legacy issues at the airline.
31/01/16 PTI/Business Standard

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