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DECEMBER 2022

Week 49

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Pandemic era "largely behind us" declares SpiceJet leadership

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December 5th 2022

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In the LCC’s annual report, SpiceJet chair, Ajay Singh, said the COVID-19 pandemic era is in the rear view mirror as people emerge from years of staying at home keen to travel. Read More » “It’s safe to say the pandemic era is largely behind us,” Singh wrote. “The impact is visible with higher demand for revenge travel and other luxury spends from old, young and aspirational citizens globally.” Singh noted there remained significant pressure on the global economy from “galloping inflation”, higher interest rates, geopolitical confrontations and supply chain issues caused by “China's sustained delinking” from the world. “As you read this, the world is passing through a dark cloud,” Singh said.

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