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Ajay Singh – SpiceJet will not file for insolvency, all rumours baseless

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Ajay Singh – SpiceJet will not file for insolvency, all rumours baseless

SpiceJet has no plans to file for insolvency proceedings and has already started the process of revival of the grounded fleet with $50 million. This announcement from the airline comes at a time Indian aviation is going through turbulent phase with Aircastle moving to National Country Law Tribunal (...

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