Page 14 of SpiceJet

“SpiceJet had already deposited $5million on the direction of the HC in the Credit Suisse case and there is no adverse financial liability on the company. The settlement involves payment of settlement amount over a mutually agreed period of time,” SpiceJet said.

SpiceJet settles $24 million financial dispute with Credit Suisse

A bench, headed by Chief Justice N V Ramana, while asking the lawyers for SpiceJet and Maran to talk to…

April 1, 2022 02:15 IST

Rescuers search for the black boxes at a

China Eastern crash: What steps has DGCA taken to ensure safety of Boeing 737 fleet in India?

The Boeing 737 Max aircraft is an advanced model of the Boeing 737-800 despite belonging to the same 737 family.

March 23, 2022 16:13 IST

Boeing 737 Max aircraft is an advanced version of Boeing 737-800 and both belong to the 737 series. (File/AP)

China plane crash: DGCA puts Indian carriers’ Boeing 737 fleets on ‘enhanced surveillance’

Four Indian carriers — SpiceJet, Vistara, Air India and its subsidiary Air India Express — have Boeing 737 aircraft in…

Updated: March 21, 2022 19:53 IST

Aviation shares surge as India set to resume international flights after 2 years gap; IndiGo shares jump 8%

SpiceJet stock jumped about 6.5% to an intraday high of Rs 60.75 per share, while IndiGo shares rose 8% to…

March 9, 2022 13:07 IST

Ukraine crisis: SpiceJet to operate special flight to evacuate stranded Indians

SpiceJet said it is planning to operate more evacuation flights and is in discussion with authorities concerned.

February 28, 2022 15:19 IST

Civil Aviation Minister flags off SpiceJet’s inaugural Khajuraho-Delhi flight

The airline will operate flight services between the national capital and Khajuraho twice a week on Fridays and Sundays.

February 18, 2022 18:02 IST

Reliance Industries, Coal India, Jet Airways, SpiceJet, ONGC, Adani Wilmar stocks in focus

Till the time the global uncertainty continues, market volatility is expected to remain on the higher side. Hence Traders are…

Updated: February 15, 2022 09:02 IST

SC hearing: KAL Airways, Maran reject SpiceJet’s settlement offer

The apex court had on Thursday asked Maran to consider the one-time settlement offer made by SpiceJet during the hearing…

February 15, 2022 03:30 IST

The airline will convert its bank guarantee to cash and pay out an additional Rs 22 crore to Maran, Rohatgi said, adding that if Maran gives up ‘unjustified’ 18% interest, SpiceJet will be willing to pay the amount and close the case.

SC asks Kalanithi Maran, his company to consider Rs 600-crore settlement offer

Pursuant to the sttlement offer, the CJI asked senior counsel Maninder Singh, appearing for Maran and KAL Airways, to talk…

February 11, 2022 03:45 IST

The CJI also slammed the airline for its conduct, asking, “Do you want to run the show or close it? Why don’t you produce your financial statements? This is not the way to run an airline… this is a serious matter. If they don’t want to run the airline, then we will declare it insolvent and direct it for liquidation…” the CJI said.

SC gives 3 weeks to SpiceJet to resolve financial issues with Credit Suisse AG

The high court had stayed the operation of its order, including the publication of the winding-up order for SpiceJet, till…

January 29, 2022 00:45 IST

The Division Bench had ruled in favour of Credit Suisse AG, a Zurich-based company, which was assigned the right to receive the payments due to SR Technics.

SC agrees to hear SpiceJet plea against Madras HC’s winding up order

The airline company is challenging the Madras High Court division bench ruling that had on December 7 upheld its single…

January 26, 2022 02:30 IST

Wide-body planes have bigger fuel tanks, larger seating capacity and can travel longer distances. (File)

Jyotiraditya Scindia holds meet with airlines chiefs on increasing wide-body planes, resolving regulatory issues

IndiGo CEO Ronojoy Dutta, SpiceJet CMD Ajay Singh and chiefs of other airlines were present in the virtual meeting with…

January 13, 2022 16:53 IST

SpiceJet, IndiGo share prices fall over 3% on jet fuel price hike, omicron worries

Shares of SpiceJet and IndiGo fell 3.37% and 3.97%, respectively, in intraday trading.

January 3, 2022 13:48 IST

SpiceJet to induct 50 Max aircraft by December 2023

All Max planes were grounded in India by the Directorate General of Civil Aviation (DGCA) on March 13, 2019, three…

November 23, 2021 14:54 IST

SpiceJet staff go on strike at Delhi Airport over salaries; flights normal, issue solved, says airline

SpiceJet employees at Delhi Airport staged a strike against the company on Friday morning, demanding answers from the domestic carrier’s…

September 3, 2021 15:50 IST

Infosys, ONGC, SAIL, SpiceJet, PNB, UCO Bank, Bank of Maharashtra stocks in focus

Nifty futures turned positive and were trading 24 points or 0.14 per cent up at 16,692 on the Singaporean Exchange,…

August 27, 2021 08:56 IST

RIL, Vodafone Idea, SpiceJet, IRCTC, HDFC Life, IRCON International, Ruchi Soya, GIC Re stocks in focus

Nifty futures were trading 33.50 points or 0.21 per cent up at 15,821 on Singaporean Exchange, suggesting a gap-up opening…

June 30, 2021 08:33 IST

Go Air files IPO papers with SEBI for Rs 3,600-cr issue; firm rebrands as Go First ahead of IPO

Go Airlines has filed a Draft Red herring Prospectus with capital markets regulator SEBI to launch an IPO (initial public…

Updated: May 14, 2021 11:07 IST

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Missed FASTag or it is invalid! New UPI rule to lessen the toll plaza fine from Nov 15

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