SpiceJet’s finances, operations under government watch as cash flow woes deepen

Wait 5 sec.

India’s aviation ministry is closely monitoring SpiceJet’s finances and operations amid persistent cash-flow stress, with Civil Aviation Minister Ram Mohan Naidu saying regulators are focused on ensuring safety is not compromised. The airline has received ₹1.5 billion under the government’s ECLGS support scheme but continues to face pressure from weak finances, higher fuel costs and competition.