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SPICEJET FINANCIAL STABILITY
SpiceJet clears ₹442 crore debt, completes equity share allotment to Carlyle Aviation PartnersSpiceJet has completed an equity share allotment to Carlyle Aviation Partners, reducing its liabilities by Rs 442.25 crore. This move secur...- SpiceJet shares jump 4% after airline completes $24 million payment to Credit SuisseSpiceJet shares rose sharply after the airline completed a $24 million (approx. Rs 200 crore) payment to Credit Suisse, closing a long-stan...
- 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 settles dispute with Willis Lease Finance CorporationSpiceJet has resolved its dispute with Willis Lease Finance Corporation, leading to the withdrawal of an insolvency case. This settlement f...
- SpiceJet Promoter Ajay Singh completes ₹500 crore equity infusion into airlineSpiceJet's founder Ajay Singh has infused ₹294.09 crore into the airline by converting warrants to equity shares, raising the promoter grou...
- SpiceJet founder Ajay Singh to infuse Rs 294 crore into airline boosting promoter stake to 33.47%Ajay Singh, the Founder of SpiceJet, will invest Rs 294.09 crore into the airline by converting warrants into equity shares, increasing his...
- 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 clears all pending PF dues worth Rs 160 crSpiceJet has cleared all outstanding employee provident fund dues totaling Rs 160.07 crore. Using internal cash flows and funds from a rece...
- SpiceJet settles $90.8 mn dispute with EDC for $22.5 mn, gains complete ownership of 13 aircraftSpiceJet has resolved its $90.8 million dispute with Export Development Canada (EDC) for just $22.5 million, resulting in a savings of $68....
- SpiceJet pays Rs 310 cr to clear TDS duesSpiceJet cleared Rs 310 Crore of pending TDS dues up to FY 2025, including Rs 220 crore from employees' salaries. Since September 2024, the...
- Clear skies after turbulence: DGCA removes SpiceJet from enhanced surveillanceThe DGCA has lifted enhanced surveillance on SpiceJet but will continue random spot checks for safety. SpiceJet had been under additional s...
- SpiceJet shares rally 10% as co to add 10 new aircraft to fleet by November-endShares of SpiceJet surged by 9.5% after the announcement of adding 10 new planes to bolster its fleet by November. The company is acquiring...
- SpiceJet shares rally 5% on Rs 51 crore block dealShares of SpiceJet increased by over 5% after Plutus Wealth Management LLP bought 85 lakh shares worth Rs 51 crore. This acquisition follow...
- Societe Generale sells shares worth Rs 47 crore in SpiceJet via block dealsSociete Generale sold 74.15 lakh shares in SpiceJet through block deals, netting Rs 47 crore. Vikasa India EIF I Fund also sold 1 crore sha...
- SpiceJet shares rally 6% after Rs 3,000 crore QIP attracts marquee investors like Goldman Sachs, Morgan StanleySpiceJet Share Price: SpiceJet shares surged by up to 6% after completing a Rs 3,000 crore Qualified Institutional Placement, attracting gl...
- SpiceJet gets weekend task from SC to stop losing three engines to lessorsThe Supreme Court instructed SpiceJet to negotiate with its lessors over the weekend regarding three engines that must be returned due to n...
- How SpiceJet’s 3-month crew furlough could affect your flight: Here's all you need to knowSpiceJet will temporarily furlough 150 cabin crew members for three months due to a lean travel season and reduced fleet size. The airline ...
- Delhi HC asks SpiceJet to ground three engines and return them to lessors in 15 daysThe Delhi High Court has ordered SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France 02 SAS within...
- 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...
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