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RESTRUCTURING SPICEJET
SpiceJet is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...09 Sep, 2024, 02.54 PM IST- Spicejet shares rally over 5% on conversion plans of Carlyle’s debt to equitySpiceJet shares rose 5.5% after announcing a plan to convert Carlyle Aviation Management's $137.68 million debt into equity, adjusted to $9...09 Sep, 2024, 09.50 AM IST
- Spicejet, Carlyle Aviation enter into term sheet to restructure certain aircraft lease obligationsSpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....06 Sep, 2024, 10.27 PM IST
- Carlyle Aviation Partners agrees to convert SpiceJet’s debt into equity at Rs 100/shareSpiceJet announced that Carlyle Aviation Partners will convert part of their debt into equity, restructuring aircraft lease obligations. Ca...06 Sep, 2024, 10.23 PM IST
- SpiceJet's Chief Commercial Officer, several members resign, airline confirmsIndian airline Spicejet has confirmed that several members of its commercial team, including the Chief Commercial Officer, have left the co...12 Mar, 2024, 11.40 AM IST
- SpiceJet shares fall 10% amid restructuring in commercial teamShares of SpiceJet fell 10% after a strategic restructuring, which resulted in the departure of the Chief Commercial Officer and other team...12 Mar, 2024, 11.33 AM IST
- 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...11 Mar, 2024, 10.43 PM IST
- SpiceJet to operate flights to Bangladesh, MyanmarNo-frills carrier SpiceJet will start flights from the North East to Bangladesh and Myanmar by the end of June and aims to bring back four ...23 May, 2023, 05.07 PM IST
- No plans to file for insolvency, says SpiceJet CMD Ajay SinghAjay Singh, chairman and managing director of SpiceJet, also said the airline has started the process of reviving its grounded fleet by “us...12 May, 2023, 12.27 AM IST
- SpiceJet significantly restructuring balance sheet: Ajay SinghThe cash-strapped carrier has been facing multiple headwinds though it reported a multi-fold rise in net profit to Rs 107 crore in the thre...20 Mar, 2023, 02.28 PM IST
- Carlyle Aviation Partners to pick up 7.5% stake in SpiceJetCarlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle's USD 143 billion Global Credit platform27 Feb, 2023, 02.27 PM IST
- SpiceJet jumps 6% after board approves raising Rs 2,500 crore via QIPThe company's board has also approved issuing equity shares of $29.5 million on a preferential basis to Carlyle Aviation Partners as part o...27 Feb, 2023, 01.08 PM IST
- SpiceJet appoints Ashish Kumar as new CFOLow-cost airline SpiceJet today announced that Ashish Kumar will be the new CFO of the company. Kumar worked as Vice President and head of ...09 Sep, 2022, 03.55 PM IST
- Air India bid talk pulls down IndiGo's stockIndiGo President Aditya Ghosh, in a letter to employees, clarified "Our interest in Air India is primarily in its international operations.01 Jul, 2017, 12.44 AM IST
- SpiceJet future 'now looks secure', says Chief Operating Officer Sanjiv KapoorSpiceJet's top executive Sanjiv Kapoor said the difficult period created by some "legacy issues" are over for the carrier.04 Feb, 2015, 06.15 PM IST
- 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.22 Jan, 2015, 03.07 PM IST
- SpiceJet auditors dubious about LCC claimsThe red flag for SpiceJet was raised in the audit report along with its result for the quarter ended June 30, 2014.16 Aug, 2014, 09.55 AM IST
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