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SpiceJet: Indian airline planes 'grounded'
India's troubled airline SpiceJet has grounded flights after oil companies refused to refuel any of its planes, reports say. The debt-ridden carrier owes money to creditors, including oil companies. SpiceJet is India's fourth-biggest airline by market share. (www.bbc.com) Altro...
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that's just the tip of the ice berg , I wonder what else can be wrong with this situation , if you can no longer afford to fuel your aircraft , how can you keep them mechanically sound ? and how long has this been going on ? some of these planes could be on the edge of disaster , I sure would think twice flying with these guys for a while .
I'm a guessin' that fuel companies weren't getting paid so they cut them off. Petrol industry is notorious for basically cash. In other words, I got 10,000 gallons. You pay with cash or certified check and I'll dump my load. You don't, I won't.
(Duplicate Squawk Submitted)
SpiceJet operations canceled
India's fourth largest airline has been losing money for years, and for the first time, it's facing the consequences.
http://jansaviation.com/news.php?art=spicejet-operations-canceled
SpiceJet operations canceled
India's fourth largest airline has been losing money for years, and for the first time, it's facing the consequences.
http://jansaviation.com/news.php?art=spicejet-operations-canceled
