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SpiceJet aims to take 'disproportionate' share of growth, outlook "good"

28-Jul-2010 10:05 AM

SpiceJet Director, Ajay Singh, stated the outlook for the next few quarters "looks good", adding: “We are looking to take a disproportionate share of growth in the aviation market" (Hindu Business Line, 28-Jul-2010). Meanwhile, SpiceJet Director and acting CEO, Kishore Gupta, stated: "We expect domestic demand to grow at 16% during the current year and to sustain a 12%-14% annual growth going forward in the medium term" (Dow Jones, 27-Jul-2010).