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SPICEJET PROBLEMS
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 clears ₹442 crore debt, completes equity share allotment to Carlyle Aviation PartnersSpiceJet has completed an equity share allotment to Carlyle Aviation Partners, reducing its liabilities by Rs 442.25 crore. This move secur...
- Aircastle withdraws insolvency case against SpiceJet after settlementSpiceJet and Aircastle reached a settlement, ending their legal battle. The airline agreed to pay $5 million. This resolves a $23 million d...
- 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...
- 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...
- Legal trouble for SpiceJet: Delhi HC orders registration of contempt case for failing to return engine to lessorSpiceJet Contempt Notice: The Delhi High Court orders contempt case against SpiceJet directors for failing to comply with court orders to h...
- SpiceJet improves financial position with another Rs 316 crore fundraisingSpiceJet has secured Rs 316 crore in investments, allocated equity shares and issued warrants to investors. The funding strengthens their f...
- Flight problems & refunds dominate passenger complaints in Dec; SpiceJet receives over 400 complaints: DGCA ReportThe Directorate General of Civil Aviation (DGCA) released its December air traffic report, revealing that flight problems and refunds were ...
- Despite problems, support for SpiceJet amongst principal stakeholders extremely strong: Ajay Singh“We are flying 40 aircraft at the moment. We expect to enhance that significantly, we are working on the plan.We will try and double our fl...
- SpiceJet plane faces tech issue in Tel Aviv; aircraft taken to Jordan to fix problemA SpiceJet flight from Delhi to Tel Aviv is facing technical issues and has been taken to Jordan for repairs. The A340 aircraft was flown u...
- SpiceJet Delhi-Nashik flight returns midway due to 'autopilot' snagSpiceJet B737 aircraft VT-SLP, which took off for Nashik in Maharashtra from Delhi's Indira Gandhi International Airport today morning, ret...
- SpiceJet says airplane aborted Mumbai takeoff due to caution alertA SpiceJet Q400 aircraft scheduled to fly from India's financial hub Mumbai to Kandla in the western state of Gujarat aborted take off "owi...
- Fuselage door warnings light up on 2 SpiceJet planes; DGCA begins probeOfficials said on Friday (June 24), the fuselage warning light on a SpiceJet Q400 plane illuminated when it was on 'rotation' -- when pilot...
- SpiceJet's latest legal problem: Delhi HC orders deposit of Rs 244 crore in Maran caseThe low fare carrier has to deposit the sum in 6 weeks, said the court order, which ET has reviewed.
- India aviation authority grounds Boeing 737 MAX airplanesThe order came after the UK, Germany and France joined 12 countries grounding the Boeing 737 MAX aircraft.
- Spicejet flight makes emergency landing in NagpurA SpiceJet flight with over 50 passengers on-board to Jabalpur from Hyderabad made emergency landing here this afternoon following a techni...
- Airlines surge upto 10% as ATF prices slashed by 7.3 per centOil companies have also lowered retail petrol and diesel prices as international crude oil prices are hovering near $85 per dollar level.
- Bearish on avaiation sector: Gaurang Shah, Geojit BNP Paribas Financial ServicesThe dark clouds are still an overhang for the company and for the aviation sector.
- SpiceJet to recruit more pilots soonGurgaon-based no-frill carrier SpiceJet has decided to hire nearly a dozen pilots including foreign commanders, in a fortnight.
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