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...
25 Oct, 2024, 01.01 PM IST
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...
03 Jul, 2023, 03.55 PM IST
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...
07 Oct, 2022, 06.18 AM IST
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...
06 Oct, 2022, 10.42 AM IST
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...
05 Oct, 2022, 07.53 PM IST
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...
05 Sep, 2022, 09.57 PM IST
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...
08 Aug, 2022, 04.11 PM IST
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...
04 Dec, 2015, 10.34 PM IST
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...
18 Dec, 2014, 05.47 PM IST
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.
18 Dec, 2014, 05.37 PM IST
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...
17 Dec, 2014, 11.40 AM IST
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...
17 Dec, 2014, 09.40 AM IST
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.
09 Dec, 2014, 04.45 AM IST
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...
08 Dec, 2014, 12.32 PM IST
- SpiceJet-GoAir merger plan flies into air pocket
A possible merger between low-cost carriers SpiceJet and the Wadia Group-owned GoAir has hit a roadblock after the two sides failed to arri...
17 Nov, 2009, 03.37 AM IST
- GoAir, SpiceJet deal enters air pocket
SpiceJet and GoAir have an agreement of exclusive negotiations till March 2010 to execute the deal.
17 Nov, 2009, 12.51 AM IST
- SpiceJet to raise $80 mn for fleet expansion
Airline 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.
09 Aug, 2007, 01.01 AM IST