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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…
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
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
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
IndiGo's Delhi-Udaipur flight faces snag; DGCA grounds aircraft
The DGCA will probe the incident. This was the second such incident on Thursday of a plane re…
PTI
1 min read
After SpiceJet, Vistara flight also faces a technical issue after landing at the Delhi Airport
An engine of a Vistara aircraft on way from Bangkok failed after it landed at the Delhi airport but…
PTI
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
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…
PTI
5 mins read
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…
1 min read
SpiceJet's Dubai-Madurai flight delayed after its Boeing 737 Max aircraft develops issue -- ninth incident in 24 days
SpiceJet's Dubai-Madurai flight was delayed on Monday after the Boeing B737 Max aircraft's nose whe…
PTI
2 mins read
Aviation regulator DGCA bars 90 SpiceJet pilots from flying Boeing 737 Max aircraft
India's civil aviation regulator has barred 90 pilots belonging to budget carrier SpiceJet from ope…
1 min read
Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief
SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…
ANI
2 mins read
SpiceJet shares gain over 15% after FAA Boeing’s 737 Max clearance — DGCA says will take some time before making a decision
The shares of budget carrier SpiceJet soared over 15% on Thursday after the Federal Aviation Admini…
3 mins read
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
2 mins read
Flights could get bumpier as climate change makes air turbulence much more frequent
As the Earth warms, wind shear is getting stronger and more widespread. In addition, global warming…
2 mins read
SpiceJet sheds ₹400 crore in value within an hour of trading as CFO quits and losses mount
SpiceJet’s shares plunged after its CFO resigned and the company reported wider losses in Q1 FY23. …