In an internal letter to employees, Kannan said that the Tata Group-owned airline has stabilised operations with its on-time performance (OTP) increasing to 89% on April 9, 2024.
According to Ajay Singh-led airline, SpiceJet is committed to providing seamless connectivity and enhanced services to its passengers during peak travel seasons.
The company aims to utilise the fund to enhance the low-cost airline’s product presence and market reach as well as to expand its fleet, route network and technological advancements.