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SPICEJET CASH POSITION
Ajay Singh injects Rs 294 crore into SpiceJet, promoter stake rises to 33%SpiceJet will receive approximately Rs 294 crore from founder Ajay Singh, boosting the promoter group shareholding to over 33%. Singh's cap...
SpiceJet clocks profit on reduced expenseLow cost carrier SpiceJet reported a profit of Rs 25 crore for Q3FY25, a turnaround from a loss of Rs 301.5 crore in the same quarter last ...
SpiceJet Q3 Results: Co posts Rs 26 profit vs loss a year ago; revenue up 35%SpiceJet Q3 Results: SpiceJet turned profitable in Q3 2024, recording a net profit of Rs 26 crore due to strong passenger demand and improv...
SpiceJet readies ₹400 crore fuel for plan to fly all its grounded planes againSpiceJet, boosted by ₹3,000 crore funding, aims to return all grounded planes to service within 18-24 months and grow its fleet to 100 airc...
Top funds bet on revival of SpiceJetSpiceJet has secured Rs 3,000 crore through a share sale to institutional investors, including Tata Mutual Fund and Goldman Sachs. This fun...
SpiceJet promoter Ajay Singh, Busy Bee Airways submit bid for GoFirstSpiceJet promoter Ajay Singh and Busy Bee Airways jointly bid for financially troubled GoFirst, planning to operate it with SpiceJet's supp...
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...
Maran row: SpiceJet deposits Rs 250 crore with HC registrarThe Ajay Singh-promoted budget carrier said it has done so in compliance with court orders.
SpiceJet surges 20% as CCI approves deal with Ajay SinghAccording to Singh, SpiceJet is in a far better position than it was last year. He proposed to invest Rs 1,000 crore in the company.
Hectic parleys on as SpiceJet awaits investment; shares soarThe hectic parleys come at a time when the airline is likely to get the first round of its much-needed capital, as part of an estimated USD...
SpiceJet almost regular with payments: BOC AviationAs financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation today said the low-cost carrier is "almost" regular w...
Jet Airways gains for second session post ATF price cutShares of airline company Jet Airways surged higher for the second straight session after the oil marketing companies slashed aviation turb...
AAI puts financially-embattled SpiceJet on cash-and-carryThe Airports Authority of India has decided to withdraw credit facility relating to airport user fees to low-cost carrier SpiceJet.
SpiceJet fleet thinning downAviation authorities are closely watching the crisis deepen at SpiceJet which needs immediate infusion of funds to survive.
IndiGo announces special fares starting Rs 1,389 inclusive of base fare & fuel surchargeUnder this scheme, tickets to a busy route like Delhi-Mumbai can be bought for a little over Rs 2400. The fares are on select flights and r...
Price war: Airlines like SpiceJet, IndiGo and others slash fares for second time in a monthTen days ago, SpiceJet had triggered a fare war by offering 50 per cent discount on domestic travel for a limited period.
- SpiceJet on CFO hunt, rejigs top deck
Spicejet, the Delhi-based low-cost carrier, is witnessing some changes at its top-management level. The company has appointed GoAir CFO GP ...