Dgca: SpiceJet no longer under enhanced surveillance: DGCA – Times of India

[ad_1] NEW DELHI: SpiceJet is no longer under the “enhanced surveillance” of the Directorate General of Civil Aviation (DGCA). The regulator in Tuesday said the airline is being taken off that list after 51 spot checks of 23 aircraft, both Boeing 737 and Q400, did not reveal anything “significant” barring “routine nature” findings. The airline … Read more

SpiceJet Promoter Ajay Singh to Infuse Rs 500 Crore To Strengthen Airline’s Financial Position – News18

[ad_1] Spicejet’s board of directors, which met on July 12, 2023, considered options for raising fresh capital for the company. (Photo: IANS) Spicejet says the infusion of fresh capital will substantially strengthen the company’s financial position Low-cost carrier SpiceJet on Wednesday, July 12, said its promoter Ajay Singh has decided to infuse Rs 500 crore … Read more

In Talks With Kalanithi Maran For Interest Amount Settlement: SpiceJet Officials

[ad_1] SpiceJets is confident of resolving this to the satisfaction of both sides, New Delhi: A day after the Supreme Court refused to give more time to SpiceJet in connection with interest payment related to an arbitral award, an airline official on Saturday said it is confident of resolving through talks the issues with Kalanidhi … Read more

Stocks to Watch: SBI, IndiGo, Titan, Maruti Suzuki, HUL, SpiceJet, SBI Card, and Others

[ad_1] Stocks to Watch June 6: The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 18,708, down 17 points or 0.09% from the previous close. IndiGo: IndiGo aims to carry 100 million passengers in the year ending March 2024, as the carrier adds more … Read more

SpiceJet Shares Tumble Nearly 14%, Hit 52-Week Low During The Day

[ad_1] During the day, SpiceJet shares fell 19.30% to its 52-week low of Rs 22.65. (File) New Delhi: Shares of SpiceJet tumbled nearly 14 per cent on Tuesday, falling to its 52-week low level in intra-day trade, as investors continued to desert the counter. The stock tanked 13.93 per cent to close at Rs 24.16 … Read more

Go First fallout: Lessors file plea to repossess 5 SpiceJet planes this week – Times of India

[ad_1] NEW DELHI: SpiceJet CMD Ajay Singh‘s assertion that the airline is not filing for insolvency does not seem to have comforted lessors. On Friday, lessors asked the DGCA to de-register two more aircraft with the airline so that they can be repossessed. This week has seen requests for five SpiceJet aircraft to be repossessed … Read more

Spicejet Suspends Ahmedabad-Goa Flights Amid Aircraft Deregistration Requests From Lessors

[ad_1] Three days after lessors requested the aviation regulator, DGCA, to de-register three of the airline`s planes, SpiceJet has suspended flight operations from Ahmedabad-Goa, for a month, sources in the know of things said. However, an official at SpiceJet claimed they keep on suspending operations as per demand, and the flights are not grounded. … Read more

SpiceJet Denies Insolvency Rumours Despite Receiving Notice From NCLT

[ad_1] Days after the National Company Law Tribunal (NCLT) issued a notice to Indian low-cost airline SpiceJet on a petition filed by an aircraft lessor seeking initiation of insolvency resolution proceedings against it, the airline has categorically stated that it has no plans whatsoever to file for insolvency. “We want to scotch any speculation that … Read more