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SPICEJET REVIVAL
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian indices were subdued with Nifty up 0.03% and Sensex down 0.10%. High volatility (VIX at 19.63) and bearish momentum indicators sugge...- SpiceJet's revival "going very well", airline to double fleet in a year, says CMD Ajay SinghSpiceJet is making significant progress in its revival plan. Ajay Singh, Chairman, said the airline aims to double its fleet in the next ye...
- Two senior executives quit SpiceJetSources said that Shilpa Bhatia, Chief Commercial Officer of SpiceJet and Arun Kashyap, Chief Operating Officer of the company have resigne...
- 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...
- 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...
- No question of filing for insolvency, rumours completely baseless: SpiceJet’s Ajay SinghSpiceJet has denied any plans to file for insolvency and says it is concentrating on reviving its grounded fleet and restoring more planes ...
- As Go First goes bankrupt, SpiceJet looks to revive 25 grounded aircraft"We are meticulously working towards return to service of our grounded fleet back in the air soon. Majority of the ECLGS funding received b...
- SpiceJet withdraws plea from HC against Irish lessorSpiceJet told a bench of Chief Justice G Rohini and Justice RS Endlaw that it has arrived at a settlement with Wilmington Trust SP Services.
- High Court asks DGCA not to de-register SpiceJet planes till April 6If SpiceJet settles the issue, "it's well and good. Otherwise, we will hear the matter and dispose it off," the bench said.
- SpiceJet urges High Court to direct DGCA not to deregister its planesSpiceJet today moved Delhi High Court seeking orders to DGCA not to de-register its six aircraft leased from two foreign firms.
- CCI says no 'overlaps' in SpiceJet-Ajay Singh dealAs part of a revival plan, Singh has snapped up 58.46 per cent stake in SpiceJet after getting green signal from the Competition Commission...
- SpiceJet says Ajay Singh back as promoter; Marans exitAs part of a share sale and purchase agreement, Marans have transferred their 58.46 per cent to Singh on February 23, SpiceJet said in a re...
- Ajay Singh again becomes the owner of budget carrier SpiceJet"Today the entire 58.46 per cent stake of the Marans' have been transferred to Ajay Singh," sources close to the development said.
- Competition Commission of India clears SpiceJet deal with Ajay SinghCCI today cleared Ajay Singh's proposal to acquire a majority stake in SpiceJet, moving closer to the much-needed recapitalisation of the b...
- SpiceJet files application for Ajay Singh's security clearanceSpiceJet said it has filed an application with the Civil Aviation Ministry for "security clearance of Ajay Singh for his appointment as dir...
- SpiceJet: Security clearance sought for appointing Ajay Singh as directorThe file relating to Singh's security clearance was sent to the Ministry of Home Affairs (MHA) last week, Ministry of Civil Aviation source...
- DGCA allows SpiceJet to open advance bookings beyond March 31"SpiceJet is pleased to announce that bookings for its flights are now open for its summer schedule," SpiceJet said in a statement.
- Turbulence hits SpiceJet again, lessors seek 11 planes backIn a fresh trouble for SpiceJet, aircraft lessors have approached the DGCA, seeking its permission to repossess 11 Boeing planes of the air...
- SpiceJet revival plan: Marans, KAL to transfer ownership to Ajay SinghThe transfer is part of the scheme to restructure and revive the airline. An appropriate application will be made to the Aviation Ministry.
- SpiceJet revival: Ajay Singh says more investors to join inStating that the road ahead for SpiceJet is "pretty tough", its original founder and new owner Ajay Singh today said he is in talks with mo...
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