SpiceJet chairman Ajay Singh warns that crude oil prices at $90 per barrel are unsustainable for airlines, signaling ...

SpiceJet Chairman Ajay Singh said that Airlines are not in a position to absorb all the costs. He also pointed out that a part of the additional cost will be passed on to airline passengers.

Singh added that domestic fares are unlikely to remain stable, as airlines may be forced to introduce fuel surcharges due to rising fuel costs.

Indian airlines may need to rethink expansion plans as crude oil prices hover at unsustainable levels, even at $90 a barrel, budget carrier SpiceJet Ltd.’s chairman warned.

For Indian flyers, the cost of a plane ticket may soon pinch harder. SpiceJet Chairman Ajay Singh has sounded the alarm over soaring crude oil prices, warning that airlines are struggling to cope with ...

Ajay Singh of SpiceJet warns Indian airlines may need to adjust growth plans due to high crude oil prices amid the Middle East conflict. Domestic airfares are expected to rise as airlines introduce ...

The Supreme Court has refused to stay a Delhi High Court order directing SpiceJet and promoter Ajay Singh to deposit ₹144.51 ...

Oil Price Impact: SpiceJet Chairman Ajay Singh has stated that crude oil prices will be unsustainable for the airlines. This is because there is a possibility of fare increases and growth constraints ...

A bench of Justices P.S. Narasimha and Alok Aradhe rebuked the airline over the “tons and tons of litigation” in the matter ...

The Supreme Court dismissed SpiceJet and Ajay Singh’s plea against a Delhi High Court order directing deposit of ₹144.51 crore in the Maran arbitration dispute, imposing ₹1 lakh costs.

The Supreme Court on Friday dismissed a plea filed by SpiceJet Limited and its chairman Ajay Singh challenging the Delhi High Court’s January 19 order to deposi ...