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SPICEJET FINANCIAL TROUBLES
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...- SpiceJet ropes in ex-IndiGo exec Sanjay Kumar as Executive Director to steer next growth phaseSpiceJet has appointed former IndiGo executive Sanjay Kumar as Executive Director to lead strategic initiatives focused on expansion and bu...
- SpiceJet emergency landing: Full emergency at Mumbai airport after SpiceJet flight's wheel falls off after take-offSpiceJet emergency landing News: A SpiceJet Q400 flying from Kandla to Mumbai lost an outer wheel after take-off on Friday but landed safel...
- 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...
- SpiceJet Q3 Results: Co posts Rs 26 profit vs loss a year ago; revenue up 35%SpiceJet Q3 Results: SpiceJet turned profitable in Q3 2024, recording a net profit of Rs 26 crore due to strong passenger demand and improv...
- SpiceJet to hold AGM on or before December 31SpiceJet launched eight new flights, expanding its winter schedule to 40 routes. The airline focused on connecting tier-II cities and boost...
- SpiceJet to temporarily place 150 cabin crew members on furlough for three monthsSpiceJet has temporarily furloughed 150 cabin crew members for three months due to financial troubles and a reduced fleet size. The airline...
- DGCA places SpiceJet under enhanced surveillance after special audit; to increase spot checksIndia's aviation regulator, DGCA, has placed SpiceJet under enhanced surveillance following reports of flight cancellations and financial s...
- SpiceJet flies empty from Dubai as passengers denied check-in due to unpaid dues: ReportIndia's SpiceJet faced disruptions as unpaid airport dues in Dubai forced it to operate empty flights. Passengers were unable to check in b...
- 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 to raise Rs 3,000 crore in latest move to restore normalcySpiceJet aims to raise 30 billion rupees through securities for institutional investors to restore operations amid India's aviation growth....
- SpiceJet's CFO Ashish Kumar quits; Joyakesh Podder appointed Deputy Chief Financial OfficerOn Tuesday, SpiceJet announced that Ashish Kumar, the Head of Finance and Chief Financial Officer, will be departing the company to pursue ...
- SpiceJet shares surge over 7% on reporting consolidated profit in Q4SpiceJet shares surged 7% on Tuesday, reaching Rs 60, following the airline's Q4 profit announcement of Rs 127 crore. This marked a turnaro...
- Sun TV gains 11% after SpiceJet deal removes fund utilisation hangoverShares of Sun TV Network gained as much as 12.87 per cent in trade on Friday after promoters sold out of SpiceJet.
- SpiceJet fails to submit cash flow planThe ministry made similar requests to oil companies regarding jet fuel supply to SpiceJet, apart from asking banks to give loans to it.
- 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 cancels over 1,800 flights in domestic sectorThe air carrier has cancelled a total of 1,861 flights, a few to Kathmandu in Nepal and all others connecting domestic cities, till Dec 31,...
- Infra status may help airline industry access cheaper loans, infra debt fundsGovernment officials said SpiceJet may decide on funding for the airline at a board meeting scheduled on Monday. SpiceJet confirmed the mee...
- DGCA will not review move to impose curbs on SpiceJetGovernment officials said Spice-Jet may decide on funding for the airline at a board meeting scheduled on Monday. SpiceJet confirmed the me...
- SpiceJet dives over 12% as AAI puts it on cash-and-carryShares of low-cost airline SpiceJet dived over 12 per cent in intraday trade to touch a low of Rs 16.15.
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