This article is quite insightful and stark at the same time. It truly captures the essence of below statement:
If you want to be a Millionaire, start with a billion dollars and launch a new airline.
I wonder what Mr. Singh would have achieved if he was not managing a faltering airline.
Impact on SpiceJet will largely depend on how long the conflict lasts and how it evolves. If it remains limited and short-term, the effects—mainly higher fuel prices and some airspace disruptions—should be temporary and would affect all airlines, not just one.
If the conflict escalates, expands to involve more countries, or drags on without diplomatic resolution, the pressure could become more prolonged. In that case, the key question would be whether SpiceJet has the financial strength to withstand the strain.
https://youtu.be/O9WYpAZ7nyU?si=abU73_wWU7xY9mGx - in this podcase vikas k regret his decision to invest in spicejet. Just to keep reminding myself - don’t follow anyone blindly.
Disc: Studied but not invested
yes, don’t follow anybody. But it is easy to say that we regret the decision in hindsight. It is very difficult to judge the same in foresight. Mistakes are bound to happen. I am no fan of him but I also invested in Spicejet and sold at a loss.