SpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....

SpiceJet is experiencing financial turbulence attributed to the pandemic, rising fuel prices, and the global grounding of Boeing 737 Max ai...

SpiceJet Share Price: SpiceJet shares dropped 6.4% after the Directorate General of Civil Aviation imposed enhanced surveillance due to ide...

SpiceJet has temporarily furloughed 150 cabin crew members for three months due to financial troubles and a reduced fleet size. The airline...

India's SpiceJet faced disruptions as unpaid airport dues in Dubai forced it to operate empty flights. Passengers were unable to check in b...

SpiceJet Q1 Results: Budget carrier SpiceJet Ltd reported 20% decline in its consolidated net profit at Rs 158 crore in the first quarter e...

Ajay Singh, the promoter of SpiceJet, is set to reduce his shareholding in the beleaguered airline by over 10% to raise approximately ₹3,00...

SpiceJet aims to raise Rs 2,000 crore by August for capacity expansion via aircraft leasing, with plans for another round of fundraising af...

The airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....

Go First, which stopped flying on May 3 amid financial woes mainly triggered by Pratt & Whitney engine issues, is undergoing an insolvency ...

SpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors hav...

SpiceJet further said that the fundraising will also be considered as an equity contribution by the promoters under the Emergency Credit Li...

The infusion will be done through subscription to equity shares or convertible securities on a preferential basis.

SpiceJet has been scouring for funds and needs around Rs 2,000 crore to safely navigate the turbulent skies. High aviation fuel prices have...

The two sides have signed an agreement on the use of these intellectual property rights, a banker close to the Wadia Group said. "Prior to ...

Nusli Wadia Group has temporarily put on hold a ₹3,600-crore initial public offering (IPO) plan of its budget airline Go Airlines consideri...

In emails attached to the court filings, supportive lessors said they wanted to continue discussions with the budget airline and potential ...