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SPICEJET LOANS
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- SpiceJet to induct 3 Airbus A320s on damp lease, ungrounds Boeing 737 MAXSpiceJet is adding three Airbus A320 aircraft on a damp lease basis. These planes will join the fleet in July 2026. The airline has also br...
- Centre offers to bail out airlines with Rs 4,000-crore loanIndia plans a ₹4,000 crore emergency credit scheme for airlines, offering sovereign guarantees of up to ₹1,000 crore per carrier to ease st...
- SpiceJet settles $4.5 mn dispute with Shannon Engine, shares trim lossesSpiceJet has settled a $4.5 million dispute with Shannon Engine Support Limited for $2 million, concluding the matter through amicable nego...
- SpiceJet repays Rs 100 cr loan to City Union Bank, frees pledged collateralsIndian airline SpiceJet has completed the full repayment of a loan worth Rs 100 crore ($13.4 million) to City Union Bank. The final tranche...
- Govt's loan scheme gives the wings to SpiceJet stockThe stock closed at ₹41.85 after rising as much as 9.1% to hit the day's high of ₹42.50. More than 10.5 million shares exchanged hands on t...
- SpiceJet jumps over 9% on report of likely Rs 1,000 cr govt loanAirline executives said that the fund will be used to make lease payments to induct new Boeing 737 Max aircraft and clear outstanding statu...
- Government enhances credit line for airlinesThe modification will allow cash starved airlines like SpiceJet, Go First to get more collateral free loan under the scheme. Alarmed by the...
- Aviation ministry pushes to increase airlines’ loan limit under ECLGSCivil aviation secretary Rajiv Bansal last week wrote to the finance ministry, asking that under the scheme, airlines be allowed to avail o...
- Banks put SpiceJet's loans in the high-risk category; airline refutes 'baseless' claimsPrivate lenders IDFC First Bank and Yes Bank and state-owned Indian Bank have put their loans to SpiceJet Ltd in the high-risk category, in...
- SpiceJet to seek shareholders' approval to raise loans worth Rs 5000 croreThe no-frills airline, that saw a change in ownership early this year amid turbulent business conditions, is also looking to consolidate it...
- SpiceJet crash won't hit Indian lenders muchAmong Indian lenders, according to filings, SpiceJet owes Rs 211 crore to Allahabad Bank, Rs 50 crore to Yes Bank and about Rs 200 crore to...
- Aviation Ministry pushes banks for SpiceJet bailout; asks to lend Rs 600 croreThe civil aviation ministry pushed for a bailout of SpiceJet on Tuesday, calling on banks to give the carrier up to Rs 600 crore.
- SpiceJet pares gains, falls over 8% as oil companies stop fuel supplyAfter rallying a little over 7 per cent in trade on Wednesday, shares of SpiceJet came under pressure and plunged as much as 8.2 per cent i...
- SpiceJet rallies over 7% as govt pushes banks for Rs 600 crore loanThe ministry also asked the Airports Authority of India (AAI) and oil companies to provide the airline 15 days to pay its dues, added the r...
- Bankers to SpiceJet not worried about outstanding loansAllahabad Bank, Citibank, City Union Bank, HDFC Bank, ICICI Bank, State Bank of India and YES Bank are the bankers to the airline company.
- Infra status may help airline industry access cheaper loans, infra debt fundsGovernment officials said SpiceJet may decide on funding for the airline at a board meeting scheduled on Monday. SpiceJet confirmed the mee...
- SpiceJet-GoAir merger plan flies into air pocketA possible merger between low-cost carriers SpiceJet and the Wadia Group-owned GoAir has hit a roadblock after the two sides failed to arri...
- GoAir, SpiceJet deal enters air pocketSpiceJet and GoAir have an agreement of exclusive negotiations till March 2010 to execute the deal.
- SpiceJet to raise $80 mn for fleet expansionAirline has a fleet of 11 Boeing 737-800s that fly to 14 destinations. It plans to raise its fleet size to 18 by March next year.
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