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Opinion News

The Economic Times

Opinion / The Economic Times

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SpiceJets meltdown: Rs 5,500 crore raised, but where did the money go?

SpiceJet's mounting financial crisis raises serious questions over the fate of more than Rs 5,500 crore raised in recent years, its unpaid dues, operational collapse and regulatory oversight. Despite repeated capital infusions, the airline faces mounting losses and possible bankruptcy, while questions persist over fund utilisation, management accountability and aviation safety.

4 Nov 2026 11:36 pm