Wednesday, September 14, 2022

Is Spicejet going to shut down like Jet Airways and Kingfisher?

Indian low-cost carrier SpiceJet has its main office in Gurgaon, Haryana. According to the number of domestic passengers it transports, it is the second-largest airline in the nation. SpiceJet reported a loss of Rs. 789 crores in the June quarter of 2022 due to recent struggles.

In April 2019, Jet Airways, the most successful private airline in India, crashed due to financial problems. The same Kingfisher Airlines was suspended from operating on 20 October 2012 after failing to address concerns about its operations raised by the Directorate General of Civil Aviation. 

SpiceJet has recently experienced the following problems, which may be a clue to its impending shutdowns, like Jet Airways and Kingfisher. Read what those problems were >>

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