According to reports, budget carrier SpiceJet's stock has surged 127% this year, making it the world’s best-performing airline stock. The stock has gained over 800% since SpiceJet was forced to ground its entire fleet over inability to pay $2.2 million in fuel bills in 2014. The rise has been attributed to Co-founder Ajay Singh injecting capital and cutting loss-making routes.
By Sri Ram | Jun 27, 2017 3:06 PM #SpiceJet
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