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Timeline: How SpiceJet landed itself into a mess

Popular budget carrier SpiceJet is trying to overcome a crisis due to lack of funds. Take a look at the airline's turbulent journey over the years.

BT Online Bureau        Last Updated: May 31, 2015  | 10:55 IST
Timeline: How SpiceJet landed itself into a mess
Around two years back, SpiceJet was ranked the best airline in India. (Photo: Reuters)

SpiceJet, one of the preferred budget carriers by travellers in India, is facing a stiff challenge to overcome the crisis from lack of funds.

The airline's co-founder Ajay Singh has returned to the company as part of a restructuring plan that involves infusing fresh funds into the ailing carrier. Singh, as SpiceJet's knight in shining armour, is likely to bring in more investors to turn around the airline.

Here's a timeline* of the key developments that have shaped SpiceJet's turbulent journey so far:

*The interactive may take time to load. Please bear with us.

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