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SpiceJet may sell stake if FDI rules change
Losses have eroded SpiceJet's net worth, say auditors
High cost of operations has forced India's airline companies into deep financial trouble. After Kingfisher Airlines, SpiceJet seems to be in trouble, as the auditors have raised concerns over the airline's ability to continue as a company. The auditors have said that the accumulated losses of the company have substantially eroded the net worth of the company. However, the airline has said that their
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