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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
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…
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…
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…
1 min read
SpiceJet aircraft undershoots runway, pilots grounded
The Civil Aviation regulator has grounded two SpiceJet pilots, who operated the Bengaluru-Guwahati …
1 min read
SpiceJet to resume seaplane services from December 27
Airline major SpiceJet on Friday said that its seaplane operations will restart from December 27 af…
4 mins read
It’s not just COVID-19 — SpiceJet’s survival is getting challenged by rising costs, low cash, and new players with deep pockets
The odds of SpiceJet’s survival are turning against the Gurugram-based low-cost airline with every …
4 mins read
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…
6 mins read
Go First's insolvency flight leaves trail of concerns for aircraft lessors
At least 50 leasing companies have requested the return of leased planes from two Indian airlines i…
PTI
1 min read
SpiceJet settles $24 million financial dispute with Credit Suisse
Budget carrier SpiceJet on Thursday said it has reached an in-principle commercial settlement with …
2 mins read
After US, SpiceJet to begin flights to London from September 1
The company said this is presently under the bubble arrangement between India and UK and is effe…
2 mins read
Flying with the least number of passengers in April, May burns a $100 million hole in SpiceJet’s books
SpiceJet seems to be struggling to sell its tickets as aircraft of the Gurugram-based airlines flew…
1 min read
SpiceJet to launch 24 new flights connecting Ahmedabad, Bengaluru, Kolkata, and Guwahati from February 12
Accordingly, SpiceJet will be the first and only airline to connect Ajmer with Mumbai and Ahmeda…
1 min read
SpiceJet's Mumbai-Durgapur flight faces severe turbulence; 40 passengers injured
Around 40 passengers received minor injuries after the overhead cabin luggage fell on them. The fli…
1 min read
SpiceJet to launch 30 new domestic flight services from Dec 2020
Airline major SpiceJet will launch 30 new domestic services including six new flights from Darbhang…
1 min read
SpiceJet to operate special flight to Budapest to rescue Indians amidst Russia-Ukraine conflict
Budget carrier SpiceJet will operate a special flight to Budapest, Hungary to evacuate stranded Ind…