SpiceJet is planning to sell more shares to reduce its liabilities revealed chairman and managing director, Ajay Singh. Speaking at a recent media event, Singh said: “We are flexible. We will talk to ...
Turkish Technic is planning to sue SpiceJet for approximately $14.5 million for breaching of the maintenance contract signed in 2018. The MRO claims that SpiceJet has neither paid the invoices nor ret...
Indian carriers will operate a total of 22,907 weekly domestic flights during the summer schedule starting from March 26, 2023 according to the aviation regulator Directorate General of Civil Aviation...
The Directorate General of Civil Aviation (DGCA) of India has deregistered two Boeing 737s that were leased to SpiceJet as per the terms of Irrevocable De-registration and Export Request Authorization...
De Havilland Aircraft of Canada is hoping to win over 80% of India’s small plane market share, as the country aims to advance its regional connectivity scheme focusing on smaller Tier II and Tier III ...
Carlyle Aviation now holds a 7.5% stake in SpiceJet after converting $100 million of outstanding dues into equity. Carlyle also acquired compulsorily convertible debentures in SpiceXpress, the airline...
After reporting a loss of almost $70 million in the second quarter of 2022, SpiceJet reported a 160% rise in consolidated net profit at $13 million for its third quarter ending December 31, 2022. The ...
SpiceJet is about to sell 5% stake to its largest lessor Carlyle Aviation Partners, with the lessor agreeing to convert its outstanding lease rental into equity. The airline had been in discussions wi...
IndiGo is further expanding its domestic capacity with two new flights to North India from Delhi and Mumbai. The flights will commence from March 2, 2023 with the Delhi-Itanagar flight routing over Ko...
SpiceJet is planning to raise more funds and convert certain outstanding liabilities into equity shares. The airline board members will meet on Friday and consider further options to raise capital, ai...
India’s domestic air traffic in January 2023 registered a 95.72 growth as compared to the same time last year, according to the latest figures released by the Directorate General of Civil Aviation (DG...
IndiGo is on the domestic expansion spree with the addition of Nashik. The announcement comes soon after the airline announced its Q4 results for 2022 with impressive profit margin. Nashik will be Ind...
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