Fighting For Survival: Inside SpiceJet’s Deepening Financial And Operational Crisis
Published on: April 25, 2026, 8:50 p.m. | Source: Free Press Journal
SpiceJet is grappling with a severe financial crisis, marked by a shrinking fleet, mounting losses and salary delays. The airline’s market share has fallen sharply, while employees report unpaid wages for months. With liabilities running into thousands of crores, the carrier is seeking fresh funding to stay afloat.
