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Daily Archives: November 25, 2014

Analysis: What benefits would capital infusion bring SpiceJet?

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

While SpiceJet’s chief operating officer Sanjiv Kapoor claims that recapitalisation is the final step of the turn-around process at the airline, there is little doubt SpiceJet desperately needs funds to continue its turn around. Aviation consultancy firm CAPA estimates around Rs 1,500 crore at the minimum. Why is this need for recapitalisation at this stage, and what benefits will it …

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