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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 …
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
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
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
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
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…
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 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…
'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 …
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…
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
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
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
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,…
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
SpiceJet to raise ₹2,500 crore fresh capital, convert Carlyle’s debt into equity and demerge cargo biz
Low-cost carrier SpiceJet on Monday announced that its board has approved plans to raise fresh capi…
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…