
With just 21 planes, SpiceJet risks falling below the regulatory threshold for international operations, which requires airlines to have at least 20 aircraft or deploy 20% of capacity on domestic routes, whichever is higher.

The choice of a new CEO comes at a crucial time for Air India, which is grappling with heavy losses, heightened regulatory scrutiny after a deadly crash last year, and operational disruptions from the Iran war, which has driven up costs and compounded the eff…