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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...- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- EasyJet says possible US bid 'highly opportunistic' as shares jump 10%EasyJet responded on Monday by saying it has not held talks with Castlelake but it would assess any potential offer if one was made, noting...
- Sunbird Dispute: HC asks SpiceJet to disclose its assetsSpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ord...
- Centre asks Delhi Gymkhana Club to hand over premises by June 5The Centre has ordered the Delhi Gymkhana Club to vacate its Lutyens' Delhi premises by June 5. The 27.3-acre plot is needed for strengthen...
- Delhi Gymkhana club members move HC against centre's vacate order, matter to be heard tomorrowDelhi Gymkhana Club members have approached the Delhi High Court. They are challenging the Central Government's order to vacate its 27.3-ac...
- Delhi Gymkhana Club vs Centre: The legal fight over one of India’s most elite social addressesThe Centre has ordered the Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence in...
- 'Shocked' members mull legal action after Centre asks Delhi Gymkhana to vacate premises by June 5The Centre has ordered the Delhi Gymkhana Club to vacate its Lutyens' Delhi premises by June 5. The land is needed for defence infrastructu...
- Centre orders re-entry, resumption of Delhi Gymkhana Club land citing public interestThe Central Government has ordered the immediate re-entry and resumption of the Delhi Gymkhana Club premises, citing urgent public purpose ...
- GIFT City showcases India’s scale, growth opportunities to global investors: SitharamanUnion Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...
- Sunbird takes SpiceJet to HC over $8 million unpaid lease duesSunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...
- BOC Aviation to lease three more Boeing 737-8200 aircraft to Akasa AirBOC Aviation has signed a new deal to lease three Boeing 737-8200 aircraft to Akasa Air. These planes will be delivered by the end of 2026....
- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- Ownership mandate in new Shipping Law may dampen GIFT city’s global ambitionsIndia is reviewing maritime laws, proposing a 51% Indian ownership rule for registered ships. This change could significantly affect ship l...
- 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...
- IndiGo to deploy long-range narrow-body A321XLR aircraft on Delhi-Istanbul routeIndiGo is upgrading its Delhi-Istanbul flights with the new A321XLR aircraft starting April 19. This move offers a dual-class experience wi...
- 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...
- NCLT suggests SpiceJet settle issues with aircraft lessorsOn Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...
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