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SPICEJET LEASE AGREEMENTS
Govt, DGCA keeping close watch on financials, operations of SpiceJet: Civil Aviation Minister NaiduThe government and aviation regulator are closely monitoring SpiceJet's financial health. SpiceJet's domestic market share has recently see...
Sales didn't move, the profit went up. Here's the trick which is used to do thisHere is one that should make you look twice at any company you own. A company paid a supplier Rs. 394 crore, described in its accounts as a...
SpiceJet to add 20 leased aircraftSpiceJet is leasing twenty aircraft to boost its flying capacity for the upcoming winter travel season. These leased planes, a mix of Boein...
Govt in touch with SpiceJet over operational, financial challenges; Airline seeks funds under ECLGS schemeSpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operati...
SpiceJet finalises lease agreements for 20 aircraft ahead of winter schedule, targets 200 daily flightsSpiceJet is adding twenty aircraft to its fleet by mid-November. These planes will enhance capacity for the upcoming winter schedule and ho...
SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...
SpiceJet steps up its winter flight planSpiceJet is planning a significant expansion for the winter season, aiming to add 25 leased aircraft and nearly triple daily flights to 280...
SpiceJet to induct five Boeing 737s ahead of winter season to cater peak demandSpiceJet is set to bolster its fleet with five more Boeing 737 aircraft under a damp lease agreement, primarily to meet the anticipated sur...
SpiceJet shares rally 8% on settling over $16 million dispute with GenesisShares of SpiceJet surged 7.8% to an intraday high of Rs 60.70 on the BSE after the company announced the settlement of its $16 million dis...
Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 croreFalgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737....
Carlyle Aviation affiliates trim stake in SpiceJet to 2.34% from 3.75%SpiceJet announced that Carlyle Aviation affiliates reduced their stake in the airline from 3.75% to 2.34%. Additionally, SpiceJet resolved...
SpiceJet finalises settlement with Engine Lease Finance Corporation to resolve $16.7 mn liabilitiesSpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) through a settlement. ELFC had initially claimed $16.7 milli...
Delhi HC upholds its order directing SpiceJet to return leased engines amid financial strugglesThe Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France...
NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...
Dispute with Raymach Tech settled: SpiceJet to NCLTSpiceJet Ltd settled a dispute with Raymach Technologies over ₹2.7 crore worth of unpaid dues at the National Company Law Tribunal.
Engine Lease Finance moves insolvency plea against SpiceJetSpiceJet, a low-budget airline, has filed an insolvency plea against its debt-ridden debtor, Engine Lease Finance BV, over non-payment of o...
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...
SpiceJet reaches settlement with Canada's EDC to resolve liabilities worth Rs 755 crSpiceJet announces a settlement agreement with Export Development Canada (EDC) to resolve liabilities amounting to Rs 755 crore, resulting ...
SpiceJet to lease two A340 planes for Haj operationsSpiceJet announced the lease of two wide-body A340 planes for Haj operations from Srinagar and Guwahati, with the first phase starting on M...
SpiceJet case: Third party agency to inspect condition of engine to avoid dispute later on, HC saysThe Delhi High Court asked for the name of a third-party agency to inspect and certify the condition of SpiceJet's engine, which was leased...