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SPICEJET DEBT SETTLEMENT
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...14 Nov, 2024, 10.46 PM IST- 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....24 Oct, 2024, 02.40 PM IST
- 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...25 Sep, 2024, 06.01 PM IST
- SpiceJet eyes fleet and market expansion amid low oil pricesHad we needed to we could have actually raised a significantly higher amount. But we think that this amount is sufficient to fund SpiceJet'...25 Sep, 2024, 10.59 AM IST
- SC dismisses SpiceJet’s appeal, upholds grounding of leased enginesThe Supreme Court has upheld a Delhi High Court order directing SpiceJet to ground and return three engines to lessors Team France 01 SAS a...20 Sep, 2024, 06.20 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 plans to raise over Rs 3,200 cr via debt, equityCash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion...06 Sep, 2024, 03.45 PM IST
- NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...13 Jun, 2024, 10.27 PM IST
- Engine Lease Finance moves insolvency plea against SpiceJetSpiceJet, a low-budget airline, has filed an insolvency plea against its debt-ridden debtor, Engine Lease Finance BV, over non-payment of o...29 May, 2024, 07.45 PM IST
- 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...02 Apr, 2024, 10.54 AM IST
- SpiceJet settles Rs 755 crore liabilities of lessorSpiceJet announced a settlement with Export Development Canada (EDC) worth Rs 755 crore, resulting in savings of Rs 567 crore. The agreemen...26 Mar, 2024, 03.40 PM IST
- SpiceJet settles Rs 93 crore dispute with lessorSpiceJet said that as part of the arrangement, the airline will also benefit from transfer of airframe and an engine at no additional cost,...05 Mar, 2024, 01.39 PM IST
- SpiceJet and Celestial move closer to settlement; NCLT grants more timeThe counsels for both sides informed the tribunal that Spicejet had made some payments to Celestial Aviation Services Ltd and asked for the...07 Dec, 2023, 12.36 PM IST
- Carlyle Aviation to convert lease rental dues to equity in SpiceJetPeople aware of the development said Carlyle will take an equity stake of around 5% in the company. SpiceJet will also issue Convertible De...23 Feb, 2023, 09.14 AM IST
- SpiceJet reports Rs 22.5 crore profit in fourth quarter; returns to profitability after 7 quartersThe airline ended the quarter with load factor of 81%, a historic high for low season, as it continued its strategy of demand stimulation.29 May, 2015, 09.35 AM IST
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