Indian budget carrier SpiceJet is reportedly on track to double its current fleet over the next 12 months, the airline’s chairman and managing director Ajay Singh stated, according to local media repo...
India’s SpiceJet has been hit with fresh legal action, after three Irish aircraft lessors and a former pilot filed insolvency petitions against the airline in the Indian National Company Law Tribunal ...
Indian low-cost carrier SpiceJet will begin re-inducting its fleet of grounded 737 MAX aircraft from January 29, 2025. In a statement from the airline, it aims to restore ten aircraft to its operation...
SpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) on September 24, 2024, after successfully fundraising for new aircraft. The Irish-based lessor had initially claimed $16....
Indian low-cost carrier SpiceJet has approved a fundraising initiative through a qualified institutional placement (QIP) of shares, which is expected to be completed by the end of September this year....
SpiceJet has finalised lease agreements for ten aircraft as part of its efforts to augment capacity, as well as receiving a further three airframes as part of recent settlement agreements. The aircraf...
SpiceJet has been ordered by the Delhi High Court to return a leased engine to Belgium-based Engine Lease Finance BV by March 10, 2024. Inspections on the engine will be conducted by both parties indi...
Indian budget carrier SpiceJet's managing director Ajay Singh has submitted a joint bid along with Busy Bee Airways for Go First airlines (which declared bankruptcy in May 2023, citing the GTF engine ...
SpiceJet’s Board of Directors has approved the raising of fresh capital of over INR 2,250 Crore (approximately $270 million) through the issue of equity shares and warrants. In a unanimous decision, t...
Indian airline SpiceJet has welcomed the return of its leased 787-800, registered as VT-SLM, which was seized by creditors in Dubai on 30 November 2023 following an unscheduled diversion. The aircraft...
Aircraft lessor Aircastle is reported to have rejected SpiceJet's offer to allocate shares in lieu of its debt. SpiceJet had been hoping to negotiate similar settlements with all of its lessors, accor...
SpiceJet reported a net profit of INR 1.9bn for the second quarter April-June 2023 (Q2) and a net loss of INR 0.62bn for the March quarter of FY23. The airline announced the earnings for the two quart...
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