SpiceJet attracts Rs 3,000 crore from institutional investors to strengthen operations
Victor Dasgupta September 23, 2024 12:31 PM IST
Earlier, sources said SpiceJet promoter Ajay Singh might be selling more than 10 per cent stake in the airline.
Victor Dasgupta September 23, 2024 12:31 PM IST
Earlier, sources said SpiceJet promoter Ajay Singh might be selling more than 10 per cent stake in the airline.
India.com News Desk July 23, 2024 7:22 PM IST
In February, the airline said it has secured an additional Rs 316 crore, taking its total funds raised to Rs 1,060 crore through a preferential share issue.
Victor Dasgupta June 19, 2024 5:01 PM IST
A video of the incident released by news agency ANI, reveals passengers sweating heavily and attempting to create makeshift fans using books and magazines.
India.com News Desk May 23, 2024 1:46 PM IST
Known for its bustling markets, ornate temples, and dynamic nightlife, the city offers a unique blend of tradition and modernity.
India.com News Desk May 22, 2024 11:24 AM IST
SpiceJet has paid a total of INR 730 Crore, comprising INR 580 Crore in principal along with an additional INR 150 Crore towards interest to Maran and KAL Airways.
India.com News Desk April 2, 2024 3:09 PM IST
SpiceJet has recently announced four major settlements with key aircraft lessors, resulting in substantial savings of INR 1252 Crore for the airline.
India.com News Desk March 26, 2024 2:52 PM IST
Under the agreement's terms, SpiceJet will acquire full ownership of 13 EDC-financed Q400 aircraft, bolstering the airline's operational capabilities and fleet management.
India.com News Desk March 15, 2024 2:47 PM IST
Chandan Sand, Head of Leasing and Legal at SpiceJet, said the lease agreement for the induction of A340 aircraft has been finalised.
India.com News Desk March 14, 2024 2:10 PM IST
Besides, the official said two aircraft that were grounded are back in operation. Currently, SpiceJet has more than 30 planes in its fleet.
India.com News Desk March 12, 2024 11:08 AM IST
On March 5, Spicejet announced a settlement with aircraft leasing firm Cross Ocean Partners with respect to a dispute of about USD 11.2 million (Rs 93 crore).
India.com News Desk March 7, 2024 3:34 PM IST
The airline, which is facing multiple headwinds and is in the process of raising funds, is acquiring a total of three airframes through the three dispute settlements.
India.com News Desk March 5, 2024 3:16 PM IST
SpiceJet on Tuesday announced that it has reached a settlement terms with aircraft leasing firm Cross Ocean Partners.
Victor Dasgupta March 4, 2024 5:10 PM IST
An airline official claimed that ownership of Foreign Institutional Investors (FIIs) in SpiceJet has witnessed a surge, increasing by 5.88 per cent, from 0.33 per cent in December 2023 to 6.21 per cent in February 2024.
Victor Dasgupta February 16, 2024 3:38 PM IST
The bid has been submitted by Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited.
India.com News Desk February 3, 2024 6:02 PM IST
For the Haj operations, the airline said it plans to take at least three wide-body planes on wet lease. Last year, it had inducted three such aircraft specifically for the Haj operations.
India.com News Desk January 10, 2024 10:04 PM IST
As on January 7, SpiceJet had 39 aircraft in operations while 26 were on the ground, as per data available on fleet tracking website Planespotter.
India.com News Desk January 10, 2024 10:07 AM IST
The counter has been gaining for the last two days and has risen 6.84 per cent in this period. It has outperformed the sector by 4.74 per cent.
Victor Dasgupta December 20, 2023 5:06 PM IST
According to the BSE filing of the company, "The Board to create, offer, issue and allot up to 31,83,00,000 equity shares of the face value of Rs.10 each of an aggregate nominal amount of up to Rs.3,18,30,00,000 at an issue price of Rs 50 per share on preferential basis, in one or more tranches."
India.com News Desk September 21, 2022 4:04 PM IST
Aviation Regulator Directorate General of Civil Aviation (DGCA) extends restrictions on SpiceJet to operate only 50 per cent of departures till October 29, 2022.
India.com News Desk August 31, 2022 7:20 PM IST
SpiceJet employees alleged that their salaries were delayed for second month straight.
PTI August 23, 2022 5:56 PM IST
SpiceJet Chairman and Managing Director Ajay Singh said it is doing the utmost to work through the stress that it has faced and the strategy is to raise resources.