SpiceJet says taking measures to deal with capacity crunch1 min read . Updated: 18 Apr 2019, 11:21 AM IST
- SpiceJet Ltd Chairman Ajay Singh said the budget airline was taking 'all possible proactive measures' to deal with capacity reduction in the aviation industry
- SpiceJet shares jumped as much as 15% on news that Jet Airways had suspended its operations
SpiceJet Ltd Chairman Ajay Singh said on Thursday the budget airline was taking "all possible proactive measures" to deal with capacity reduction in the aviation industry, a day after rival Jet Airways Ltd was forced to ground all flights as it ran out of funds.
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