SpiceJet demands 15% hike in airfare as jet fuel prices touch all-time high
Citing a rise in the cost of jet fuel and the depreciation of the rupee, SpiceJet has said a minimum of 10-15 per cent hike would be required to ensure that costs of operations are better sustained.” Ajay Singh, Chairman and Managing Director, SpiceJet in a statement said, “The weakening of the Indian rupee…