This Isn't The Way To Run An Airline, SC Draws Up SpiceJet
Supreme Court on January 28, stayed Madras High Court order for three weeks, in which SpiceJet-airlines were asked to windup its operations for failing to make a payment of $24 million to Credit-Suisse. "If you don't want to run the airlines, we will declare you insolvent. This is not the way to run an airline," The Apex Court bench said. Pertinently, SpiceJet has been asked to try settling with Credit-Suisse.