No Takers For SpiceJet?
  • Prabha Hedge
  • Mar 27 2014

March 27: Bloomberg reports that high debt on its books is unlikely to make SpiceJet attractive to strategic investors. Although the airline's owners have injected more than $83 million in equity in recent quarters, it has not been adequate to reduce the carrier's dependence on debt. Bloomberg’s Anurag Kotoky shares details on how SpiceJet is struggling to find investor interest.