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SPICEJET REPAYMENT
Bangladesh bars SpiceJet from using its airspace over dues; airline says working for early resolutionBangladesh has barred SpiceJet from using its airspace over unpaid dues, forcing the airline to take longer routes on some Kolkata flights,...- SpiceJet repays $24 mn in dues to Credit SuisseSpiceJet has cleared its $24 million settlement with Credit Suisse, closing a liability predating its current promoter. The May 2022 agreem...
- SpiceJet shares fall 5% after airline reports Rs 234 crore net loss in Q1FY26SpiceJet Share Price: SpiceJet reported a net loss of Rupees 234 crore in the first quarter of fiscal year 2026. This is a reversal from la...
- SpiceJet eyes fleet and market expansion amid low oil pricesHad we needed to we could have actually raised a significantly higher amount. But we think that this amount is sufficient to fund SpiceJet'...
- Top funds bet on revival of SpiceJetSpiceJet has secured Rs 3,000 crore through a share sale to institutional investors, including Tata Mutual Fund and Goldman Sachs. This fun...
- Supreme Court directs SpiceJet to clear $1.25 million dues to Credit Suisse by March 15The Supreme Court instructed SpiceJet to settle its outstanding dues of $1.25 million to Credit Suisse by March 15 in a payment dispute tot...
- SpiceJet gets shareholders' nod for equity fundraisingThe airline hopes the capital infusion will help revive its grounded planes that continue to weigh on the financial results of the company....
- SpiceJet Q2 Results: Net loss narrows to Rs 449 crore; revenue falls 27% YoYThe company had posted a profit of Rs 198 crore in the preceding June quarter. During the quarter, the passenger RASK increased by 11% due ...
- SC warns SpiceJet chief of 'drastic action' in Credit Suisse default caseA bench comprising justices Vikram Nath and Ahsanuddin Amanullah said "drastic steps" will be taken towards Singh if he failed to comply wi...
- SpiceJet to repay Kalanithi Maran and Credit Suisse as per court directionsSpiceJet Ltd. has announced that it will complete the payment dues to former promoter Kalanithi Maran by tomorrow, as directed by the Delhi...
- 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...
- HC allows winding-up plea against SpiceJet by Credit Suisse AGThe court ruled this in a case filed in 2015, when Credit Suisse AG approached the court to receive the payment assigned to it by the Switz...
- SpiceJet promoter Ajay Singh readies $1 billion war chest for Air India bidThe SpiceJet promoter will use a combination of his shares in the listed company and equity that will be allocated to him as part of a plan...
- Jet Airways grounds 4 more planes; scrip dips over 2%With debts of more than $1 billion, the carrier has defaulted on loans and has not paid pilots, leasing firms and suppliers for months.
- Aviation stocks up on falling crude pricesMeanwhile, the shares of Jet Airways opened at Rs 228 on BSE against its previous closing of Rs 242.05.
- SpiceJet may post decent earnings with cheap fuel and fundsThe listed airline, controlled by Ajay Singh since January, posted profits of Rs 71 crore in the June 2015 quarter thanks to a drop in oil ...
- City Union gets first batch of loan repayment from SpiceJetFor the full fiscal, net profit of the bank grew by 13.8% to Rs 395.02 crore from Rs 347.07 crore during the corresponding period last fisc...
- Ex-Promoter Ajay Singh and two ‘blue-chip’ investors may pilot SpiceJet out of money troubleEx-promoter Singh, closely associated with ruling BJP, embarked on a hectic series of meetings with aviation ministry officials.
- Spicejet seeks shareholders' nod to hike promoters holdingBudget carrier Spicejet has sought shareholders' approval to increase the promoters stake in the company by almost 5 per cent.
- Jet Airways records biggest quarterly loss; Rs 240 crore loss for SpicejetIronically, in the July-September quarter last year, the industry was boasting of an impressive turnaround led by Jet Airways.
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