Spice­Jet to part­ner two US com­pa­nies: Ajay Singh

Business Standard - - COMPANIES -

Low-cost car­rier Spice Jet is con­sid­er­ing en­ter­ing into ma­jor busi­ness part­ner­ships with two Amer­i­can com­pa­nies, in­clud­ing an in­ter­na­tional air­line, and di­ver­si­fy­ing its ac­tiv­i­ties be­yond avi­a­tion, itschair­manand manag­ing di­rec­tor A jay Singh (pic­tured) said. Ac­knowl­edg­ing that avi­a­tion is a“fairly high-risk en­ter­prise ”, the air­line’ s chief said: "We must hedge our­selves from the risk of be­ing in a pure avi­a­tion busi­ness and find busi­nesses that are con­nected to avi­a­tion .” He was awarded the US IS PF Lead­er­ship Award, an award in situ ted by the US-In­dia Strate­gic Part­ner­ship Fo­rum, a fo­rum for trade and col­lab­o­ra­tion be­tween the US and In­dia. Spice Jet un­der Sing hp laced an or­der for up to 205 air­craft from US a er so pace man­u­fac­turer Boe­ing—one of the largest or­ders for new air­plane sin Boe­ing’ s his­tory. Spice Jet was lauded by US Pres­i­dent Don­ald Trump for the or­der.

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