India’s Spicejet airline company is implementing a new strategy to improve its flight services. As part of this plan, the company will reintroduce 25 airplanes that were grounded. Additionally, it has been reported that approximately 400 crore rupees have been allocated for this initiative.
Furthermore, the spicejet airline company has secured a bank loan to obtain the 400 crore rupees. The company has announced that the funds will be used to implement an urgent debt relief program. It is also said that the bank loan will be repaid on a daily basis under this program. Meanwhile, GoFirst, another airline company, is currently in a difficult situation, and the spice jet airline company plans to take advantage of this opportunity to improve its own business operations.