SpiceJet will reportedly receive another lifeline from the government in the form of a collateral-free loan under an emergency loan scheme. The budget airline has been struggling lately with fragile finances, not paying employees on time, and losing planes to lessors due to non-payment. But the additional loan is expected to help SpiceJet tide over the difficult period and expand the business further.
Read More Here: SpiceJet Likely To Receive Additional Government Loan Of $122 Million | SimpleFlying.com
via Flight Booking 247 Cheap Airline Tickets
