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SPICEJET FUNDRAISING
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...
SpiceJet settles $16 million dispute with engine leasing company ELFCSpiceJet has resolved its dispute with Engine Lease Finance Corporation by reaching a financial settlement. This comes after the airline ra...
Why Goldman, Morgan Stanley are betting on SpiceJet despite all its troublesSpiceJet has raised Rs 3,000 crore through a share sale to institutional investors, including Goldman Sachs and Nomura Singapore. The funds...
SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
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...
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...
SpiceJet flies empty from Dubai as passengers denied check-in due to unpaid dues: ReportIndia's SpiceJet faced disruptions as unpaid airport dues in Dubai forced it to operate empty flights. Passengers were unable to check in b...
SpiceJet's Ajay Singh to dilute stake by over 10% to raise Rs 3,000 crore amid financial strugglesAjay Singh, the promoter of SpiceJet, is set to reduce his shareholding in the beleaguered airline by over 10% to raise approximately ₹3,00...
SpiceJet plans to raise Rs 2,000 crore by August, increase capacity: SinghSpiceJet aims to raise Rs 2,000 crore by August for capacity expansion via aircraft leasing, with plans for another round of fundraising af...
SpiceJet finalises lease agreements for 10 aircraft ahead of a busy summerSpiceJet has finalized lease agreements for ten aircraft to prepare for the upcoming summer schedule, expecting higher demand. The airline ...
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...
SpiceJet gets shareholders' nod for equity fundraisingThe airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....
SpiceJet promoter Ajay Singh on how the Rs 2,254 crore lifeline will help the airline expand capacityInvestment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...
SpiceJet shares jump 7%, hit fresh 52-week high on plans to list on NSESpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors hav...
SpiceJet shares skyrocket 20%, clock biggest single-day gains since October; here's whyThe 15-month high of Rs 52.29 was tested on the back of strong volumes of more than 30 million shares, which was way higher than the six-mo...
SpiceJet shares surge over 7% as promoter Ajay Singh to infuse Rs 500 crore in airlineSpiceJet further said that the fundraising will also be considered as an equity contribution by the promoters under the Emergency Credit Li...
SpiceJet board to meet on July 12 to consider options for raising fresh capitalIn May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There ...
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...
SpiceJet stock up 6% on Rs 2,000 crore-fundraising planSpiceJet board had recently passed a resolution to raise the funds for its sustainability and future expansion, reports said adding that th...
- SpiceJet board okays Tata stake buy
The SpiceJet board on Monday gave the green signal to Tata group’s investment in the low-cost carrier.