Siddhanta Sharma, left, chairman of SpiceJet Ltd., and Ajay

INDIA - MAY 22: Siddhanta Sharma, left, chairman of SpiceJet Ltd., and Ajay Singh, executive director of SpiceJet Ltd., speak at a news conference in New Delhi, India, on Friday, May 23, 2007. SpiceJet Ltd., India's second-biggest low-fare carrier, said it may turn profitable by the end of this financial year ending March 31. (Photo by Sanjit Das/Bloomberg via Getty Images)
INDIA - MAY 22: Siddhanta Sharma, left, chairman of SpiceJet Ltd., and Ajay Singh, executive director of SpiceJet Ltd., speak at a news conference in New Delhi, India, on Friday, May 23, 2007. SpiceJet Ltd., India's second-biggest low-fare carrier, said it may turn profitable by the end of this financial year ending March 31. (Photo by Sanjit Das/Bloomberg via Getty Images)
Siddhanta Sharma, left, chairman of SpiceJet Ltd., and Ajay
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