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With no bailout from government, only hope for SpiceJet is a buyout
May 18, 2020 | By Livemint.com
business
Smaller airlines such as SpiceJet Ltd will be under far greater pressure.Not operating for two months this quarter would mean the June quarter, which is a slightly better quarter for airlines, is a washout
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Its eight weeks since country went into lockdown mode. Its also one week since the government announced a mega Rs20 trillion economic package. But despite waiting patiently, there is no help coming from the government for airline companies.Smaller airlines su
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