SpiceJet and Jaisalmer A WinWin Negotiation during a Crisis Priyanka Vallabh Suresh Jayaseelan Ashish Modi 2023
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“In 2019, SpiceJet was experiencing financial and operational difficulties. Our team, however, did not let it affect us. We identified that the issue was not only at the board level but also with the management team, and we needed to collaborate and make a change. Jaisalmer is a historic and picturesque city in Rajasthan, a country rich in culture, traditions, and natural beauty. Our team’s decision-making ability and the ability to listen and understand others’ perspectives and needs made us win
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During the COVID-19 pandemic, India’s national carrier SpiceJet faced a serious crisis, with the cancellation of up to 100% of its flights for several months. The company was in dire financial straits, and the passengers who had paid for tickets were at risk of receiving unreserved refunds. In order to survive, SpiceJet had to make tough choices. They had to cut costs and lay off employees, which was unpopular amongst their workforce. In addition, they had
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A crisis happens in the life of an organization, and it may impact both the company and its employees in various ways. Such incidents can cause tremendous damage to an organization’s reputation, finances, and profits. In this article, I describe a situation in which SpiceJet and Jaisalmer went through a crisis due to which they negotiated a win-win outcome in a crisis situation. On August 11th, 2022, SpiceJet, an Indian airline, announced its intention to merge with Jet Air
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– As a first-time writer, I am extremely grateful for this opportunity to contribute my thoughts and insights in writing this case study. The assignment is to write a detailed case study of my own experience, in the form of a research paper. The assignment is for a college level course. However, I have also had to revise and redo my paper, to make sure that it meets the necessary standards. – The scenario is that SpiceJet and Jaisalmer Hotels signed a strategic partnership agreement to increase the presence of Jaisalmer in
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In recent times, spicejet’s financial performance has been on a decline due to various factors such as currency fluctuations, increase in oil prices, high cost of fuel, high labor costs, and other operational issues. Spicejet is facing liquidity problems which are a major threat to its continued operations. In April 2017, the Indian aviation regulator, DGCA, had restricted the use of fuel on some aircraft and demanded a $250-million bailout package from Spicejet’s promot
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SpiceJet is an Indian Airlines and Airline is a part of SpiceGroup Ltd, which is a subsidiary of Tata Group. It was established in 2004 with the objective of providing affordable airline services and providing air travel services at an average of Rs. 500/hr. During its initial years, the company faced financial crisis because of excessive expenses incurred due to bad management, lack of finance, and uncontrolled expenditure. visit our website As per my understanding, in 2015, J