24-Oct-2008 4:40 PM

SpiceJet seeks to grow out of strife

Premium Analysis

Newly recapitalised SpiceJet is showing signs of confidence amid the despair in the Indian market. With a new financial backer and management team, the Indian LCC is seeking to grow it business, exerting pressure on its rivals along the way. But SpiceJet has its own deep hole to dig its way out of.

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