Spicexpress to be hived off from Spicejet by 1st week of Aug: CMD Ajay Singh - Economic Times

Spicejet is under the regulatory scanner right now. Just five days back, the airline was issued a show-cause notice by the Directorate General of Civil Aviation (DGCA) after its aircraft were hit by at least eight incidents of technical malfunction since June…

Banks and shareholders have given their approval to hive off cargo and logistics company Spicexpress from Spicejet airline and the bifurcation will be done by the first week of August, the carrier's … [+2572 chars]

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