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SPICEJET SETTLEMENT
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 repays $24 mn in dues to Credit SuisseSpiceJet has cleared its $24 million settlement with Credit Suisse, closing a liability predating its current promoter. The May 2022 agreem...
- SpiceJet, Genesis reach agreement in $16 million dispute, share prices shoot upSpiceJet and Genesis resolved a $16 million dispute. SpiceJet paid $6 million and gave Genesis $4 million in equity. This settlement streng...
- 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...
- SpiceJet settles row with EDC, gets ownership of 13 planesSpiceJet has reached a $22.5 million settlement with Export Development Canada, resolving a $90.8 million dispute. This agreement gives Spi...
- 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....
- SpiceJet settles $23.39 million dispute with Aircastle, Wilmington Trust SP ServicesSpiceJet settles $23.39 million dispute with Aircastle and Wilmington Trust for $5 million, resolving ongoing litigations. It previously se...
- SpiceJet and Babcock & Brown Aircraft Management settle $131.85 mn disputeSpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a ...
- 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...
- 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 resolves Rs 413 cr dispute with Echelon Ireland Madison OneSpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 39...
- SpiceJet settles Rs 93 cr dispute with Cross Ocean PartnersSpiceJet informed the Delhi High Court about settling its Rs 93 crore dispute with aircraft leasing firm Cross Ocean Partners. As part of t...
- Aircraft lessor rejects SpiceJet's offer to issue shares against duesSpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...
- SpiceJet repays Rs 100 cr loan to City Union Bank, frees pledged collateralsIndian airline SpiceJet has completed the full repayment of a loan worth Rs 100 crore ($13.4 million) to City Union Bank. The final tranche...
- SpiceJet settles dispute with Credit SuisseLow-cost carrier SpiceJet on Wednesday said that it has signed and concluded the settlement and consent terms with Credit Suisse in a pendi...
- SpiceJet settles $24 million financial dispute with Credit SuisseThe airline said that the documentation process of the settlement terms is underway. Notably, the process involves payment of the settlemen...
- Not possible: Kalanithi Maran, KAL Airways to SC on Rs 600 crore settlement offer by SpiceJetKalanithi Maran and KAL Airways informed the Supreme Court on Monday that SpiceJet's offer of Rs 600 crore towards full and final settlemen...
- SpiceJet gains 1% on settlement with Irish lessorUnder the settlement agreement, the lessor has agreed to withdraw the court proceedings and deregisteration process of aircraft subject to ...
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