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1 min read
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
1 min read
DGCA places Spicejet under enhanced surveillance after conducting special audit
A senior DGCA official said that based on reports of cancellation of flights and financial stress b…
ANI
1 min read
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…
1 min read
SpiceJet shares climb over 3% after earnings announcement
The stock climbed 7.35 per cent to Rs 60 during the day on the BSE. It ended at Rs 57.70, up 3.24 p…
PTI
2 mins read
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
3 mins read
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
3 mins read
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…
1 min read
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
2 mins read
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
1 min read
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…
1 min read
SpiceJet says reached settlement on ₹413-crore dispute with Echelon Ireland Madison One
piceJet on Thursday said it has settled a dispute involving Rs 413 crore with aircraft leasing firm…
PTI
2 mins read
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…
1 min read
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
2 mins read
'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 …
4 mins read
SpiceJet slides after Delhi HC orders it to complete payment to Kalanithi Maran
The SpiceJet stock slipped 6% in trade by Tuesday noon. The Delhi High Court on Monday gave low-cos…
1 min read
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
1 min read
SC warns SpiceJet CMD Ajay Singh for making default in payment of Credit Suisse AG
The Supreme Court has issued a stern warning to SpiceJet Chairman and Managing Director (CMD), Ajay…
2 mins read
NCLT to hear insolvency proceedings plea filed against SpiceJet next week
Aircraft lessor Aircastle (Ireland) Ltd has filed the petition against SpiceJet for initiating inso…
PTI
2 mins read
SpiceJet hives off cargo & logistics biz into separate entity from Apr 1
It also paves the way for SpiceXpress to raise funds independently, SpiceJet said. The dec…
PTI
1 min read
SpiceJet subsidiary SpiceXpress to get USD 100 mn from UK group
Budget carrier SpiceJet on Monday said its subsidiary SpiceXpress and Logistics will receive USD 10…