Last Updated: Wednesday, April 1, 2015, 18:51
With no-frills airline SpiceJet on a revival path following the return of Ajay Singh as its new owner, a section of its pilots who had quit the carrier last year have decided to rejoin the job.
Last Updated: Wednesday, April 1, 2015, 17:12
Budget carrier SpiceJet has made a part payment of its dues to the state-run Airports Authority of India (AAI) and also signed an agreement with aircraft leasing firm BBAM to settle out of court the dispute over Boeing rentals.
Last Updated: Monday, March 23, 2015, 17:50
Shares of SpiceJet on Monday settled with gains of over 1 percent after the budget carrier reached an out of court settlement with its Irish lessor, pushing up its market capitalisation by Rs 12 crore.
Last Updated: Friday, March 20, 2015, 14:21
The airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lessor.
Last Updated: Friday, March 20, 2015, 12:07
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly, and that there will be no grounding of aircraft or disruption in operations.
Last Updated: Thursday, March 19, 2015, 19:52
Delhi High Court Thursday directed the Directorate General of Civil Aviation (DGCA) to deregister six aircraft given on lease to low-cost airline SpiceJet by two Irish firms.
Last Updated: Wednesday, March 11, 2015, 20:46
The airline is now paying Rs 75 lakh per day to the airports operator for availing the services as against its per day billing of about Rs 70 lakh, official sources said Wednesday.
Last Updated: Wednesday, March 11, 2015, 18:45
Security agencies are conducting a background checking of new owner of SpiceJet, Ajay Singh, after he infused a fund of Rs 500 crore in the beleaguered air carrier and announced plans to invest Rs 1,500 crore.
Last Updated: Monday, March 2, 2015, 22:49
Having settled its dues with the tax authorities and the public sector oil marketing firms, budget carrier SpiceJet Monday cleared its aircraft rentals dues by paying USD 10 million to some of its lessors.
Last Updated: Friday, February 27, 2015, 19:29
The Competition Commission has said Ajay Singh's acquisition of controlling stake in SpiceJet will have no "horizontal overlaps or vertical relationship" between the two parties.
Last Updated: Thursday, February 26, 2015, 10:08
Budget carrier SpiceJet has finally received the much-need funding, with the new owner Ajay Singh infusing Rs 500 in the airline as part of his Rs 1,500 crore investment plan to revive it.
Last Updated: Wednesday, February 25, 2015, 20:20
According to a regulatory filing made by SpiceJet, Singh holds more than 36.15 crore shares or 60.31 percent stake in the carrier.
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