SpiceJet takes ownership of Q400 aircraft from NAC to save more moneySpiceJet has secured ownership of six Q400 aircraft through a settlement with NAC, saving on monthly rentals and bolstering long-term finan...
02 Apr, 2024, 10.54 AM IST
SpiceJet shares jump 5% after DGCA removes airline from enhanced surveillance regimeAviation watchdog DGCA has taken SpiceJet off its enhanced surveillance regime, PTI reported quoting a senior official. The senior DGCA off...
25 Jul, 2023, 01.01 PM IST
SpiceJet promoter Ajay Singh to infuse Rs 500 crore in airline to boost financial positionThe infusion will be done through subscription to equity shares or convertible securities on a preferential basis.
12 Jul, 2023, 11.25 PM IST
SpiceJet shares slump 12% as airline placed under 'enhanced surveillance'PTI reported on Tuesday that DGCA has put the carrier under "enhanced surveillance" amid multiple financial headwinds in recent months. How...
12 Jul, 2023, 01.49 PM IST
DGCA puts SpiceJet under enhanced surveillance; airline refutesThe focus is to ensure that due to financial issues, there are no potential adverse impact on the flight operations and that there is no "c...
11 Jul, 2023, 05.41 PM IST
SpiceJet appoints EaseMyTrip as sales agent as it eyes to shore up revenuesSpiceJet has appointed EaseMyTrip as a General Sales Agent for select market section, hoping the strategic partnership will enhance the pro...
10 Jul, 2023, 12.59 PM IST
SpiceJet shares up 4% as board to consider raising fresh capitalThe airline had also recently informed about entering into a settlement agreement with Nordic Aviation Capital (NAC), a major lessor for it...
10 Jul, 2023, 10.53 AM IST
SpiceJet board to meet on July 12 to consider options for raising fresh capitalIn May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There ...
10 Jul, 2023, 08.44 AM IST
SpiceJet repays Rs 100 cr loan to City Union Bank, frees pledged collateralsIndian airline SpiceJet has completed the full repayment of a loan worth Rs 100 crore ($13.4 million) to City Union Bank. The final tranche...
03 Jul, 2023, 03.55 PM IST
Sensex, Nifty log record closing highs on sustained foreign inflowsFrom the Sensex pack, Power Grid, HDFC, and HDFC Bank were the top gainers, rising 1.5-4%. Tech Mahindra, TCS, Wipro, Reliance, and Bharti ...
21 Jun, 2023, 04.46 PM IST
SpiceJet shares jump 7% after it finalises settlement with lessor NACSpiceJet's shares rose 7% to Rs 29 midweek after managerial negotiations with Nordic Aviation Capital. The two companies agreed to settle a...
21 Jun, 2023, 01.40 PM IST
SpiceJet finalises settlement with lessor NAC for Q400 aircraftIn a statement, SpiceJet said the agreement settles all past liabilities for the Q400s leased by NAC to SpiceJet. The airline presently ope...
21 Jun, 2023, 11.01 AM IST
Top U.S. Treasury official to warn Mideast countries over sanctions evasionThe United States last month imposed sanctions on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting...
28 Jan, 2023, 11.52 AM IST
Stocks in the news: RIL, Ultratech, NTPC, IndiGo, Cipla, NDTV and fertilizers stocksReliance Industries wil host its 45th post IPO annual general meeting on Monday. The traders be keenly looking an update from its chairman ...
29 Aug, 2022, 07.21 AM IST
India among potential partners for Embraer turbopropEmbraer is also in detailed talks with engine makers about the proposed new regional airplane, which would seek to penetrate a market domin...
10 May, 2022, 08.37 PM IST
PM Modi meets Swedish counterpart in Denmark, discusses ways to deepen bilateral tiesModi, who arrived here on Tuesday from Berlin on the second leg of his visit to three European nations, met Andersson on the sidelines of t...
04 May, 2022, 04.47 PM IST
Etihad rep’s exit makes Jet board defunctThe regulators will likely give Jet a long rope, given the distressed state it is in.
18 May, 2019, 02.39 PM IST