Govt in touch with SpiceJet over operational, financial challenges; Airline seeks funds under ECLGS scheme

SpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operational capacity. Discussions are ongoing regarding SpiceJet's financial and operational challenges. The Civil Aviation Minister confirmed these interactions with the airline. The government monitors airfares and has an ATF price stabilisation scheme.

Raccontata daeconomictimes.indiatimes.com