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Indian Business News
Nana Muazin

Government and DGCA Monitor SpiceJet Amid Shrinking Fleet, Falling Market Share, and Salary Delays

NEW DELHI — India’s civil aviation authorities are tightening their oversight of embattled budget carrier SpiceJet as the airline grapples with a compounding crisis of shrinking operational capacity, sliding market capitalization, and acute internal financial strain. Civil Aviation Minister K Rammohan Naidu confirmed on Thursday that both the Ministry of Civil Aviation (MoCA) and the […]

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