SpiceJet, 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...

SpiceJet announced that Carlyle Aviation Partners will convert part of their debt into equity, restructuring aircraft lease obligations. Ca...

Cash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion...

India's SpiceJet faced disruptions as unpaid airport dues in Dubai forced it to operate empty flights. Passengers were unable to check in b...

Ajay Singh, the promoter of SpiceJet, is set to reduce his shareholding in the beleaguered airline by over 10% to raise approximately ₹3,00...

SpiceJet aims to raise Rs 2,000 crore by August for capacity expansion via aircraft leasing, with plans for another round of fundraising af...

SpiceJet has finalized lease agreements for ten aircraft to prepare for the upcoming summer schedule, expecting higher demand. The airline ...

SpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 39...

The airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....

Investment will help the airline to induct fresh capacity and reduce liabilities, thereby reducing cost of capital, said SpiceJet promoter ...

SpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors hav...

The 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 further said that the fundraising will also be considered as an equity contribution by the promoters under the Emergency Credit Li...

In May, SpiceJet clarified and assured investors that it has no plans of filing for insolvency even as it faces a financial crunch. “There ...

The 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 board had recently passed a resolution to raise the funds for its sustainability and future expansion, reports said adding that th...

The SpiceJet board on Monday gave the green signal to Tata group’s investment in the low-cost carrier.