Airline Employee Salaries Cleared by SpiceJet Post QIP "The July and August salaries of all employees, including those who hadn’t received June salaries, were disbursed last evening," said the sources. By Priyal Dutta 27 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline SpiceJet’s Dispute with ELFC Resolved SpiceJet had agreed to cease using the final retained engine but had instead arranged payback schemes, neglected to make settlement agreement payments, and so on. By Priyal Dutta 26 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline SpiceJet Appeal Denied by Supreme Court SpiceJet's appeal applications were denied by three Supreme Court judges, including the chief justice, who declined to intervene in the high court rulings. By Priyal Dutta 25 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline SpiceJet's Big Plans: 100 Aircraft by 2026 SpiceJet was in dire financial straits after failing to pay statutory dues and payments to suppliers, including aircraft and engine lessors, some of whom had filed a bankruptcy petition with the courts. By Priyal Dutta 24 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline No Open Offer Required for Spice Healthcare, Says Sebi Spice Healthcare, part of the promoter group, is set to receive 13,14,08,514 additional equity shares in the airline through the conversion of allotted warrants. By Priyal Dutta 17 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline SpiceJet Fights Delhi HC Order in Engine Dispute SpiceJet has approached the Supreme Court to challenge a Delhi High Court decision that grounded three of its aircraft engines over unpaid dues to lessors. By Priyal Dutta 12 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline SpiceJet's Strategic Plan: Raising ₹32.36bn from Investors SpiceJet plans to raise 32.36 billion rupees ($million) to address outstanding liabilities, ensuring smoother financial operations and stability for the airline. By Priyal Dutta 10 Sep 2024 Share Twitter Share Whatsapp LinkedIn
Airline Night Surveillance on SpiceJet Amid Rising Cancellations The Directorate General of Civil Aviation has placed SpiceJet under "enhanced surveillance" for the second time in two years in response to complaints of cancelled flights and financial strain. By Priyal Dutta 30 Aug 2024 Share Twitter Share Whatsapp LinkedIn
Airline Legal Setback Adds Pressure on SpiceJet Two engine lessors suing SpiceJet for unpaid leases have rejected managing director and promoter Ajay Singh's offer to commit personal shares worth USD 2.5 million towards the airline's liabilities. By Priyal Dutta 14 Aug 2024 Share Twitter Share Whatsapp LinkedIn