SpiceJet appoints Bain in turnaround efforts
SpiceJet says it plans to drop unprofitable routes and add good routes as it shifts focus to profit maximization
New Delhi: The Kalanithi Maran-owned SpiceJet Ltd has appointed consulting firm Bain and Co. to restructure the airline’s network and return it to profitability after losses at the budget airline have mounted over the past few quarters.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more