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SPICEJET BANKRUPTCY NEWS
Where aircraft go when they need a safe haven – or to die. As the Gulf war draws attention to ‘boneyards’, where does India stand?Wars, pandemics, and airspace closures have created a lucrative, if niche, global industry: Specialised airports, called aircraft boneyards...- Fresh trouble for SpiceJet as 3 aircraft lessors, former pilot file insolvency pleasSpiceJet is facing insolvency pleas from three Ireland-based aircraft lessors and a former pilot due to alleged defaults totaling USD 12.68...
- The liquidity game on Dalal Street: The rise of phoenixes?Liquidity has a powerful impact on businesses, reviving struggling companies like Reliance Power and Vedanta through strategic fundraising,...
- Revival of bankrupt Go First airline will 'Spice' up India's aviationGo First receives bid from Ajay Singh and Busy Bee Airways, blaming Pratt & Whitney for revenue losses. SpiceJet plans to partner with Go F...
- Akasa Air: An airline with Jhunjhunwala's Midas touch is flying high. Where is it headed?Akasa Air, India's young airline, has become the first airline in the global aviation industry to increase its fleet from zero to 20 aircra...
- Go First bankruptcy effect! Airline stocks rally up to 8%Airline stocks in India rallied up to 8% following the insolvency filing of Go First, with investors expecting consolidation in the industr...
- History of India's private airlines dotted with high-profile take-off and crash landingThe list of failed airlines in India is quite long - full service or low-cost - and the major reason was financial crunch due to various fa...
- Jet Airways coming back with premium and no frills hybrid modelThe airline will have a two-class configuration where business class passengers will be offered services including free meals, while econom...
- Cheap tickets to stay as India’s airlines squabble on fare hikesIndiGo, operated by InterGlobe Aviation Ltd., controls more than 50% of the domestic market. Nine other airlines compete for the rest, givi...
- Navigating a future for seaplanes will be toughThese planes might serve coastal areas in India and have a niche elsewhere, but a return to heydays of 1930s will be difficult.
- RIL, PSU banks, Dirty 12 among most buzzing stocks of the weekDuring the week, the Federal Reserve raised short-term interest rates by 25 basis points.
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