Editorial Comment

SpiceJet, PAL and Indigo

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SpiceJet, PAL and Indigo

Unconfirmed news is filtering out of India that SpiceJet promoter Ajay Singh has pledged 46 lakh of shares to Allahabad Bank on April 30, 2015, as part of efforts to pump a total of just under $200m into the airline during 2015. Meanwhile, Philippine Airlines (PAL) has posted a 2015 first-quarter ne...

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