SpiceJet Chairman and Managing Director Ajay Singh said that the company has no further fundraise plans currently; as current fundraise is sufficient for growth plans. Singh further emphasised that this is the ideal time to replicate SpiceJet’s success achieved in 2015.

SpiceJet Chairman and Managing Director Ajay Singh is confident that better times are on the horizon for the currently struggling airline. In an exclusive, no-holds-barred interaction with CNBC-TV18,

Ajay Singh expressed confidence that SpiceJet will soon clear all obligations, including Rs 650 crore in statutory dues and Rs 3,700 crore owed to lessors.

SpiceJet is back from the brink once again after yet another near collapse by getting Rs 3,000-crore funding from investors including mutual funds and is now aiming to have a fleet of 100 aircraft before the end of 2026.

A day after SpiceJet raised Rs 3,000 crore (about $360 million) through selling new shares, the airline's chairman and managing director (CMD) Ajay Singh said that the low-cost carrier aims to have 100 aircraft by the end of 2026,

SpiceJet has all the necessary infrastructure to become a 100-fleet carrier again. It has required airport slots, international traffic rights, pilots and crew, Singh has said.