Page 4 of SpiceJet

Two SpiceJet flights receive bomb threats on social media; Delhi Police registers FIR, launches probe

Both aircraft were safely evacuated, and after thorough inspections and securing the necessary approvals, they were cleared for further operations.

October 16, 2024 18:28 IST

Aviation, Airlines, SpiceJet, Babcock & Brown Aircraft Management, NCLT

SpiceJet settles third dispute in less than a month

On October 9, the airline had resolved a $131.85 million dispute with lessors Horizon Aviation 1, Horizon II Aviation 3,…

October 16, 2024 01:00 IST

SpiceJet, EDC dispute, settlement, fiscal position, liability, UDAN scheme, operational capabilities, Q400 aircraft

DGCA removes SpiceJet from enhanced surveillance, random safety checks to continue

The airline was placed under enhanced surveillance on September 13 after financial constraints raised concerns about SpiceJet’s ability to fulfil…

October 15, 2024 13:57 IST

Spicejet, resolution, dispute, agreement, litigations, financial stability, legal liabilities

SpiceJet settles $23.39 million dispute with Aircastle (Ireland) & Wilmington Trust SP Services (Dublin)

In a statement, SpiceJet said that both the parties have reached an agreement through amicable negotiations, choosing to resolve the…

October 15, 2024 09:55 IST

SpiceJet launches UDAN flights connecting Shivamogga with Chennai and Hyderabad

The new flights will operate daily, except Tuesdays, offering convenient travel options between Shivamogga and key metro cities, boosting tourism,…

October 10, 2024 12:08 IST

SpiceJet stock up 8% lessor dispute resolved

SpiceJet shares fly high after company settles dispute with lessor for $22.5 million

SpiceJet share price: Together with the funds raised through our QIP, we are well-positioned to focus on growth, ungrounding our…

October 9, 2024 12:10 IST

Delhi Police files FIR against SpiceJet’s MD, 3 others over PF dues worth Rs 65 crore

The FIR, registered under Section 409 (criminal breach of trust) and Section 120B (criminal conspiracy) of the Indian Penal Code,…

October 6, 2024 14:00 IST

Delhi High Court orders SpiceJet to respond on aircraft engine grounding petition, DGCA summoned for status update

The court also requested SpiceJet to submit an affidavit listing its assets and scheduled the execution petition for further hearing…

October 1, 2024 16:46 IST

SpiceJet clears all GST dues; CMD says it shows ‘commitment to financial discipline, regulatory compliance’

Ajay Singh, Chairman & Managing Director of SpiceJet, said, “We are proud to have cleared all GST dues, a significant…

September 27, 2024 10:33 IST

SpiceJet finalises settlement with Engine Lease Finance Corporation to resolve $16.7 million liabilities

SpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC), which had previously claimed $16.7 million.

September 24, 2024 10:05 IST

SpiceJet, Airlines, Aviation, NCLAT, EFL

SpiceJet faces another insolvency plea from operational creditor

Based in Ireland, ELF is the world’s leading independent engine financing and leasing company and claimed a payment default of…

September 24, 2024 01:00 IST

spicejet, spicejet shares, aviation, civil aviation, qualified institutional placement, qip

Sigh of relief for SpiceJet as it raises Rs 3,000 crore – What is the plan ahead?

While much of India’s aviation sector has rebounded following the COVID-19 pandemic, SpiceJet has struggled with financial distress, impacting its…

September 23, 2024 14:40 IST

SpiceJet shares zooms over 6% as board approves QIP allotment of 48.7 crore shares at Rs 61.60 per share

SpiceJet’s operational challenges are clear, having reduced its fleet from 74 planes in 2019 to around 20 aircraft currently in…

September 23, 2024 09:28 IST

Airlines Turbulence: SpiceJet’s successful QIP could prevent a potential duopoly, and keep airfares in check

SpiceJet’s oversubscribed QIP, supported by prominent investors like Goldman Sachs, Morgan Stanley Asia, BNP Paribas Financial Markets, and Nomura Singapore…

September 22, 2024 14:53 IST

SpiceJet raises Rs 3,000 crore through sale of shares to qualified institutional buyers

Proceeds from the QIP will be used to pay creditors, including aircraft and engine lessors, as well as engineering vendors…

September 22, 2024 11:17 IST

spicejet, civil aviation, spicejet, SpiceJet, Spicejet tax due, Spicejet employee tax, spicejet QIP, spicejet problems, spicejet fundraising, spicejet staff PF, spicejet tax payments, spicejet cases

SpiceJet reveals it has not paid over Rs 350 crore in PF, TDS of employees since April 2020

The financial difficulties are attributed to a “constrained financial position,” which last month led to 150 cabin crew being placed…

September 18, 2024 15:33 IST

SpiceJet shares fall almost 7%; company to raise Rs 3000 cr QIP at discount to share price

SpiceJet share price Today : The stock of the company fell as much as 6.8% after the company raised Rs…

September 17, 2024 16:32 IST

SEBI exempts Spice Healthcare from open offer requirement for SpiceJet shares

Spice Healthcare, a promoter group entity, will acquire 13,14,08,514 additional equity shares of SpiceJet, increasing its stake by 13.74%.

September 15, 2024 15:34 IST

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