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SPICEJET FINANCIAL ISSUES
Mumbai flight status today: IndiGo, Air India, Akasa Air, SpiceJet issue travel advisories as heavy rain disrupts operations; flights divertedMumbai's flight operations are facing significant disruptions due to heavy rainfall and poor visibility. Major airlines like IndiGo, Akasa ...- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- GST dept issues tax demand of Rs 124 crore to Spicejet, slaps showcause notice for delay in return filingThe GST department has levied a significant tax demand of Rs 124.65 crore on SpiceJet. This action follows the airline's failure to file Go...
- Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal AirwaysThe Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...
- Delhi High Court reserves order on SpiceJet's plea to review Rs 144 cr payment order in dispute with MaranThe Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...
- UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
- Delhi HC slams SpiceJet for failing to pay $6 mn to Team France 01 SAS and Sunbird France 02 SASDelhi High Court reprimanded SpiceJet and its chairman for not paying $6 million dues to its lessors, ordering a partial payment within a w...
- SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
- How SpiceJet’s 3-month crew furlough could affect your flight: Here's all you need to knowSpiceJet will temporarily furlough 150 cabin crew members for three months due to a lean travel season and reduced fleet size. The airline ...
- SpiceJet averts shutdown crisis at Mumbai Airport, ops resume after financial matter resolvedSpiceJet avoided a disruption of its flights from Mumbai’s international airport by resolving a financial issue at the last moment. The air...
- SpiceJet delays June salaries amid pressing financial issuesSpiceJet delayed the June salaries for certain employees, citing financial commitments. The airline sought bridge funding to stabilize its ...
- SpiceJet delays June salaries amid pressing financial issuesIn an email to pilots sent on Thursday, Virendra Malhotra, vice president of flight operations at SpiceJet said the salaries, which have be...
- Kalanithi Maran vs SpiceJet: SC upholds Delhi HC's order remanding arbitration dispute back to single judgeThe Supreme Court on Friday upheld a division bench order of the Delhi High Court, remanding the arbitration dispute in Kalanithi Maran's c...
- SpiceJet to raise Rs 2,250 crore via equity routeSpiceJet's proposed preferential issue will have investors like Elara India Opportunities Fund, Aries Opportunities Fund, Mahapatra Univers...
- SpiceJet's latest legal problem: Delhi HC orders deposit of Rs 244 crore in Maran caseThe low fare carrier has to deposit the sum in 6 weeks, said the court order, which ET has reviewed.
- Former promoter Kalanithi Maran seeks over Rs 2,000 crore compensation from SpiceJetMaran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...
- DGCA warns SpiceJet on advance ticket sale order defiance3 days after SpiceJet was directed not to sell advance tickets for beyond 30 days, the LCC has been found to be offering tickets for travel...
- SpiceJet falls over 12% as DGCA seeks details of duesDGCA has also sought details on dues to various vendors from SpiceJet to ascertain the airline's financial condition.
- Kalanithi's Rs 700-cr offer not too hot for SpiceJet ownersThe deal, if it goes through, will be combination of share sale by existing shareholders and issue of new shares to Mr Maran. GVK to buy Bi...
- Kalanithi's Rs 700-cr offer not too hot for SpiceJet ownersKalanithi Maran, media baron and promoter of Sun TV, and the promoters of SpiceJet are sparring over the price being offered for a majority...
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