SpiceJet Chairman Says Crude Oil Even at $90 Is ‘Unsustainable’

Indian airlines may need to rethink expansion plans as crude oil prices hover at unsustainable levels, even at $90 a barrel, budget carrier SpiceJet Ltd.’s chairman warned.

By Mihir Mishra, Haslinda Amin · Bloomberg Markets

Indian airlines may need to rethink expansion plans as crude oil prices hover at unsustainable levels, even at $90 a barrel, budget carrier SpiceJet Ltd.’s chairman warned.