SpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operati...

Fly91 new plane order: India’s regional aviation story is gathering altitude. Fly91 currently operates six ATR 72-600s. It plans to add ano...

SpiceJet is adding twenty aircraft to its fleet by mid-November. These planes will enhance capacity for the upcoming winter schedule and ho...

The National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...

SBI paid Rs 40.62 lakh rent to three landlords but erroneously reported entire TDS against one landlord's PAN, leading to tax dept denying ...

Markets extended their losing streak for a fifth consecutive session on Monday. Airtel Payments Bank appointed Shabnam Sinha as its new cha...

The NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...

The Delhi High Court has closed contempt proceedings against SpiceJet's chairman and directors. This action follows their failure to fully ...

SpiceJet has inducted three Airbus A320 aircraft under damp lease arrangements, with commercial operations set to begin later this week. Th...

Aircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial...

Lessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged p...

Airlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...

SpiceJet Ltd is facing new insolvency proceedings initiated by aircraft lessor Aviator ML 29641 Ltd over ₹58 crore in unpaid dues. The low-...

SpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...

On Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...

Order passed in the engine lessor Engine Lease Finance BV's application in August to be extended to the aircraft lessor; RP to communicate ...

While granting interim relief, the single judge had asked the Directorate General of Civil Aviation (DGCA) to permit the lessors, their emp...