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Latest Articles in spicejet
SpiceJet Taken Off DGCA Surveillance List
Earlier, news agency PTI had reported that SpiceJet was under "enhanced surveillance" for more than three weeks due to financial challenges faced by the budget airline
Read MoreSpiceJet Promoter Ajay Singh To Inject Rs 500 Crore In Airline To Boost Finances
This fundraising initiative comes amid reports of heightened scrutiny by the aviation regulator DGCA, which has placed SpiceJet under enhanced surveillance for over three weeks
Read MoreSpiceJet Says That Its Top Shareholder To Invest $61 Mn In Company
SpiceJet has been scrambling to raise funds and restore operations for about a fourth of its fleet that has been grounded amid a string of weak quarterly results and fierce competition in the sector
Read MoreDGCA Puts SpiceJet Under Enhanced Surveillance
On 27 July last year, the regulator asked SpiceJet to cut the total number of flights by 50 per cent for eight weeks after repeated safety incidents with the airline
Read MoreSpiceJet Board To Consider Raising New Funds On 12 June Via Issue Of Equity Shares
This development comes at a time when the Supreme Court has instructed SpiceJet to pay former promoter Kalanithi Maran the entire arbitral amount of Rs 380 crore
Read MoreSpiceJet The Most Delayed Indian Airline
Other airlines are also grappling with punctuality issues. Air India, the country's second-largest carrier, slipped to the fifth position in punctuality rankings, with almost twice as many flight delays in May compared to the previous month
Read MoreSpiceJet Clears Rs 100 Cr Debt With City Union Bank
With this payment, the entire loan account, which was obtained in 2012, has been fully settled
Read MoreSpiceJet Finalises Settlement With Lessor NAC For Q400 Aircraft
The airline says, the agreement settles all past liabilities for the Q400s leased by NAC to SpiceJet
Read MoreNCLT Schedules Wilmington's Insolvency Plea Hearing Against SpiceJet On 16 June
SpiceJet currently possesses a fleet of 67 aircraft, including Boeing 737, B737 Max, and Bombardier-Q400 regional jets
Read MoreSpiceJet To Induct Ten Boeing 737 Aircraft Beginning September 2023
SpiceJet operates about 250 daily flights to 48 destinations within India and to international destinations
Read MoreDelhi HC Orders SpiceJet To Pay Rs 380 Cr To Sun Group's Maran
This ruling poses a setback for the airline, which recently reported a surprising four-fold increase in earnings to Rs 106.8 crore in the December quarter
Read MoreSpiceJet To Restart Four Of 25 Ground Planes By 15 June
The revival plan includes two Boeing 737s and two Bombardier Q400s planes
Read MoreSpiceJet To Bring Back Grounded Planes, Chairman Tells Employees On Its 18th Anniversary
Singh urges the employees to remain committed to maintaining the highest standards of services as it looks forward to more exciting years ahead.
Read MoreSRAM & MRAM Group Ink MoU To Invest $100 Mn In SpiceXpress
Carlyle Aviation and SpiceXpress partners with USD 1.5 billion valuation, SRAM & MRAM Group enters into MoU for USD 100 milion investment
Read MoreSpiceJet To Revive Grounded Aircraft; No Plans Of Filing For Insolvency
“There is absolutely no question of filing for insolvency. Any rumour regarding the same is completely baseless," Ajay Singh said
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