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SpiceJet raises Rs 3,000 crore through QIP
It also said the QIP attracted a diverse pool of top-tier institutional investors and mutual funds,…
PTI
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
Airline systems across airports working normally, informs civil aviation minister
On Friday, in one of the biggest-ever IT outages, an update of a product offered by global cybersec…
PTI
Air India, Air India Express and Vistara pause to pay special inflight homage to Ratan Tata after his passing
Known for his deep passion for aviation, Tata left an indelible mark on the sector, which he helped…
IndiGo stock to soar on a cosy duopoly and an expanding market, say brokerages
IndiGo belongs to a rare club of stocks that has slowly yet steadily risen even in a market where i…
DGCA defers implementation of revised flight duty norms for pilots
Aviation watchdog DGCA has deferred the implementation of the revised flight duty norms for pilots …
PTI
SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial Aviation
The representatives of both parties informed a bench of NCLT last week that settlement terms had be…
ANI
Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees
When contacted, a SpiceJet spokesperson said the airline has initiated several measures, includ…
PTI
Majority passenger complaints regarding flight problems and refund; 422 complaints against SpiceJet, says DGCA report
The report stated that during December 2023, a total of 712 passenger-related complaints had been r…
ANI
India's domestic air passenger traffic rises 9% in November
India's domestic air passenger traffic rose 9% to more than 1.27 crore in November, according to of…
PTI
SpiceJet board okays Rs 2,250 crore capital infusion
The Board of Directors of SpiceJet approved the raising of fresh capital of over Rs 2,250 crore thr…
Mumbai biz couple invests Rs 1,100 cr in SpiceJet for 19% stake
In a strategic move to bolster SpiceJet's financial position and spur growth, Mumbai-based business…
'SpiceJet didn't deposit money into pension funds for months'
India's low-cost carrier SpiceJet has reportedly not deposited money into the pension funds of its …
Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee
Credit cards have become a major part of India’s financial landscape in recent years. What was once…
Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO
SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…
PTI
DGCA plans to hire 400 tech staff in 1-2 years; increase offices to 19: Arun Kumar
The Directorate General of Civil Aviation (DGCA) plans to ramp up its technical staff to 1,100 by h…
PTI
SpiceJet to suspend Sikkim operations from Oct 30 due to operational constraints
According to a spokesperson of the budget airline, bad weather and low visibility were bottlene…
PTI
Go First Impact: Market capitalisation of 3 PSU Banks down by ₹7,500 crore as investors fret over their exposure to ailing airline
Low-cost airline Go First’s insolvency proceedings have plunged shares of Central Bank of India, Ba…
SpiceJet’s Q3 net profit jumps 162% to ₹110 crore on air travel recovery, shares surge 13%
Low-cost carrier SpiceJet posted a 162% surge in net profit to ₹110 crore for the December quarter,…
SpiceJet: In the eye of a perfect storm
The airline has reported eight malfunction incidents in the last 18 days, which led to a notice fro…