These are not dynamic lease costs. In the case of SpiceJet, where lessors are at loggerheads for dues, it is a case of once bitten, twice shy. Will the lessors agree to offer more planes?
Debt-ridden domestic airline SpiceJet, which recently raised ₹3,000 crore, on Friday, October 4, said it had cleared all pending salaries of its employees and goods and services tax (GST ...
SpiceJet Ltd.’s $358 million share sale attracted bids from several large investors including Tata Mutual Fund, people familiar with the matter said, providing a lifeline to the Indian airline ...
(Reuters) A consumer commission in Mumbai has ordered SpiceJet Limited to refund a senior citizen couple the amount they paid for a flight that was canceled during the COVID-19 pandemic.
Debt-ridden SpiceJet on October 4 said it has cleared all pending salary and GST dues and also deposited ten months of provident fund(PF) dues of its employees. A spokesperson of SpiceJet said ...
BENGALURU, Sept 10 (Reuters) - India's SpiceJet (SPJT.BO), opens new tab said on Tuesday that Carlyle Group's (CG.O), opens new tab commercial aviation investment and servicing unit will write off ...
SpiceJet has not paid Rs 135.3 crore in Provident Fund payments to employees for periods from April 2020 to August 2023, the airline said in a document filed with the Bombay Stock Exchange.
Late last week, SpiceJet came up with a presentation for potential investors as it looks to raise ₹3,000 crore to remain a going concern after multiple brushes with near-death scenarios.
New Delhi: Economic Offences Wing (EOW) of Delhi Police has registered a case against the managing director of SpiceJet, Ajay Singh, and other high-ranking executives of the airline for allegedly ...
Ajay Singh, chairman of SpiceJet, may sell over 10% of his stake in the airline as part of a funding round aimed at raising up to Rs 3,200 crore. This move seeks to address financial challenges ...
SpiceJet said on Tuesday that Carlyle Group's commercial aviation investment and servicing unit will write off $40.2 million of the airline's lease arrears and convert $30 million of its arrears ...