Indian domestic air travel saw a dip in April. Passenger numbers fell compared to both March and the previous year. Airlines faced challeng...

The Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty...

Indian aviation faces tough times as fuel prices remain high. Aviation Turbine Fuel costs are a major burden for airlines. This pressure is...

The Delhi High Court has announced it will take more time to decide on a review petition presented by SpiceJet and its head, Ajay Singh. Th...

Indian 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...

A UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...

SpiceJet has received shareholder approval to raise up to Rs 3,000 crore through a special resolution. The airline intends to use the funds...

SpiceJet, once a leading airline, is grappling with severe financial distress. Grounded aircraft, unpaid dues, and a dwindling market share...

SpiceJet's proposed preferential issue will have investors like Elara India Opportunities Fund, Aries Opportunities Fund, Mahapatra Univers...

The stressed airline had written to Sebi seeking clarification on whether the share allotment will fall under which section of the Issue of...

A bench comprising Chief Justice N V Ramana and Justices J K Maheshwari and Hima Kohli was apprised by senior advocate Mukul Rohatgi, appea...

A SpiceJet executive said the amount the airline has to pay is already deposited in an escrow account as per an earlier order of the Delhi ...

Maran has sought compensation due to losses incurred because of SpiceJet’s alleged failure to issue convertible warrants and preference sha...

"Till next date of hearing the respondent (Spicejet) is restrained from transferring the shares and issuance of the share," Justice Manmoha...

Budget carrier Spicejet has sought shareholders' approval to increase the promoters stake in the company by almost 5 per cent.

SpiceJet plans to issue over 6.4 crore convertible warrants, worth about Rs 125 crore at the current price, to its promoters to raise funds.

According to industry sources, the heavily cash strapped airline is looking for funding its aircraft acquisition for regional operations.