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SpiceJet shares jump 8% on settling Rs 1,100 crore dispute with lessorsSpiceJet Share Price: Shares of SpiceJet surged over 8% after settling a significant ₹1,107 crore dispute with lessors for $22.5 million. T...- SpiceJet and Babcock & Brown Aircraft Management settle $131.85 mn disputeSpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a ...
- Bleaker economy could sour airline industry's bet on cargo planesAnalysts say aircraft lessors, who helped drive a tripling in annual conversions since 2019, now face not only fallout from falling rates f...
- Seeing positive signs, but Indian aviation sector still in eye of storm: Airbus India presidentIndian airlines are currently carrying 60 per cent of the total pre-COVID domestic passengers and this is better than most countries in the...
- AirAsia India in talks to return 7 planes to Malaysian parentThe move is aimed at cutting down the local airline’s exposure to the parent, even as discussions progress for the Malaysian low-fare carri...
- Tata Group, SSG and GIC likely to acquire a stake in GMR airportsGIC pipped Japanese diversified conglomerate Mitsubishi — the other entity GMR had been in advanced talks with — to clinch the deal.
- Tata Sons wants to fly out of joint venture with AirAsiaTata is set to exit AirAsia India and run the only full-service private airline, which is Vistara-plus-Jet.
- AirAsia India still pays higher lease rentals than market ratesAirAsia India’s fleet—currently 18—has an average age of 8.4 years. The age has increased as it inducted 4 planes aged over 10 years, in 20...
- How SpiceJet fliers boarded a colourless flightThe fuselage was all white while the engine was painted a dark blue; very different from SpiceJet's signature fiery red.
- SpiceJet makes part payment of dues to AAISpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crun...
- Agreement with BBAM to settle rental dispute out of court: SpiceJetSpiceJet was dragged to court by several aircraft leasing firms including BBAM after it had failed to pay rentals for some of its Boeing 73...
- It's a crime to fly empty seats, says SpiceJet COO Sanjiv Kapoor"We fly about 340 flights a day. So you stimulate flights that need support or flights that you think would fly with more empty seats," sai...
- SpiceJet inks $1.1bn sale, lease back pact for 16 BoeingsSpicejet, BBAM and its long-term strategic partner NBB have announced the signing of a sale and lease back agreement.
- SpiceJet signs $1.1 bn aircraft sales dealLow-cost carrier SpiceJet on Monday said it had signed a $1.1 billion deal for sale and lease back agreement, covering 16 brand-new Boeing ...
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