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SPICEJET PLANS
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...- India summer travel shock: Flight tickets to Europe, Leh, Singapore see massive surgeIndian travellers are seeing airfares soar by 40-50% on many routes. This surge is driven by rising jet fuel costs and fewer available seat...
- Air India board meeting on May 7; cost-saving steps, CEO selection likely on agendaAir India's board meets May 7 to discuss cost cuts and a new CEO. The airline faces significant losses and challenges from rising jet fuel ...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- From Paris to Phuket: The new logic guiding Indian summer travelIndian summer travel plans are shifting. Due to Middle East tensions and rising airfares, long-haul trips to Europe and the US are being re...
- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets closed with modest gains led by SBI and ICICI Bank, as auto and energy sectors recovered; Nifty 50 up 0.05% at 24,364.85, Se...
- 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...
- Dubai limits foreign flights until May 31, letters show, hitting Indian airlines hardestDubai has limited foreign airlines to one daily flight until May 31 due to the Iran crisis, impacting Indian carriers who planned numerous ...
- Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
- SpiceJet expands fleet by signing eight Boeing 737 aircraftSpiceJet is expanding its fleet. The airline will add eight Boeing 737 aircraft. This follows earlier agreements to lease ten more planes. ...
- SpiceJet steps up its winter flight planSpiceJet is planning a significant expansion for the winter season, aiming to add 25 leased aircraft and nearly triple daily flights to 280...
- SpiceJet holds annual general meetingSpiceJet shareholders on Monday sought to know about the airline's funding and expansion plans during the annual general meeting. At the 40...
- 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 is struggling to defy gravity. What are the odds?SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...
- SpiceJet's Ajay Singh may sell over 10 pc stake in airline to raise fundsAjay Singh, SpiceJet's chairman, may offload over 10% of his stake in the airline as part of a funding round closing by September's end. Th...
- Spicejet, Carlyle Aviation enter into term sheet to restructure certain aircraft lease obligationsSpiceJet has announced a term sheet agreement with Carlyle Aviation Management to restructure aircraft lease obligations amounting to $137....
- 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 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 to consider options for raising fresh capital on February 24"The board of directors of the company in its meeting scheduled to be held on February 24, 2023 (Friday), will discuss and consider, inter-...
- SpiceJet plans to operate wide-body planes next yearAn industry source said that SpiceJet might bid for Air India's wide-body operations in case the government puts up domestic and internatio...
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