SpiceJet resumes operations, says loan is not a bail out

New Delhi, Dec 17: Budget airline SpiceJet resumed operations on a few routes Wednesday evening following an understanding with the oil marketing companies (OMC) and stated that any bank loan secured by the company will not be a bail out. The airline's flights were grounded Wednesday morning after OMCs refused to provide SpiceJet with credit to buy jet fuel over the issue of non-payment of dues. "Spicejet apologizes for disruption and pain caused to passengers due to stoppage of fuelling for our flights by the oil companies. We are working to resolve the issue," said Sanjiv Kapoor, chief operating officer of SpiceJet.