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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…

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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   


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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   


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SpiceJet CMD Ajay Singh takes over as the president of industry body Assocham

SpiceJet's Chairman & Managing Director Ajay Singh has assumed charge as the President Assocham, re…

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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…

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SpiceJet board will meet to consider fund raising funds, conversion of outstanding liabilities into equity

SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well a…

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SpiceJet net profit jumps to ₹107 crore in Q3 FY2023

SpiceJet reported a net profit of Rs 107 crore (Rs 221 crore excluding forex adjustment) for the qu…

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SpiceJet in active discussion with Middle Eastern carrier for a possible stake sale

Low cost carrier SpiceJet is said to be in active discussion with a Middle Eastern carrier for a po…

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4 mins read

SpiceJet net loss widens to ₹789 crore, CFO resigns

Amid the financial turmoil, the airline plans to raise USD 200 million, which is around Rs 1,600…

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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