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Vicky Sharma

Vicky Sharma

SpiceJet Turbulence: Governance, Losses, and Risk

Ajay Singh e1569423223407

India’s budget airline SpiceJet has once again found itself in turbulence, with governance questions, operational mishaps, and mounting losses clouding its future . The company’s 2024-25 annual report, released this month, disclosed that chairman and managing director Ajay Singh had…

Rakesh Gangwal Nears $7B Exit from IndiGo

gangwal

One of the promoters of IndiGo—the world’s fourth most valuable airline by market capitalization—and the former chairman of Southwest Airlines, Rakesh Gangwal , has reaped around $5 billion from IndiGo stake sales so far, selling nearly 37% of his holding…