SpiceJet plans to focus on fleet upgradation and cost-cutting measures with the recent funding of over Rs 900 crore. The airline's bank balance now exceeds Rs 900 crore, including Rs 160 crore received from the government's Emergency Credit Line Guarantee Scheme. Chairman Ajay Singh has infused funds into the carrier, contributing Rs 200 crore out of the announced Rs 500 crore fund infusion.
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