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SpiceJet CMD Ajay Singh blames IndiGo for below-cost fares

Indian airlines face an existential crisis due to mounting losses and prohibitive operating costs, much like the country’s telecom players. But unlike the three big telecom players who are trying to avoid any possible shutdown by hiking tariffs, airlines are going deeper into red by charging fares that do not reflect cost.

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SpiceJet CMD Ajay Singh blames IndiGo for below-cost fares SpiceJet CMD Ajay Singh blames IndiGo for below-cost fares Reviewed by Space encyclopaedia on November 20, 2019 Rating: 5

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