Back from the brink: SpiceJet looks at another lifeline
WEB6 hours ago · SpiceJet has secured Rs 3,000 crore in funding through an oversubscribed QIP, giving the struggling airline another chance at survival. Promoter Ajay ... that will be good news for passengers. ...
Indian carrier SpiceJet to raise $360 mln in latest move to restore ...
WEBJul 23, 2024 · India's SpiceJet said on Tuesday it plans to raise 30 billion rupees (around $360 million) by selling securities, including shares, marking the troubled budget carrier's latest attempt to shore...
India’s SpiceJet under investigation after severe turbulence injures ...
WEBMay 3, 2022 · Indian low-cost airline SpiceJet is under government scrutiny following an incident in which a plane’s autopilot malfunctioned, causing severe turbulence and multiple onboard injuries.
Spicejet Ltd. News - The Economic Times
WEBMar 31, 2024 · Spicejet plans to raise over Rs 3,200 cr via debt, equity. | News. 06 Sep, 2024, 03:42PM IST. Cash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion by the promoter, the airline said in a corporate presentation.
SpiceJet’s Share Sale Said to Lure Tata Mutual Fund Among Others
WEB7 hours ago · 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 ...
India's SpiceJet to raise $270 mln as grounded fleet weighs on …
WEBDec 12, 2023 · India's SpiceJet said on Tuesday it would raise 22.50 billion rupees ($270 million) by selling shares and warrants to help revive its grounded planes that continue to weigh on the cash-starved...
News and Press Release | SpiceJet Airlines
WEBGet access to all the latest news, press releases and updates on SpiceJet Airlines.
SpiceJet shares surge over 6% after settlement agreement with EDC
WEBMar 26, 2024 · Shares of low-cost carrier SpiceJet gained over 5% after it reached a major settlement agreement with Export and Development Canada (EDC). The agreement will allow the airline to address significant liabilities, resulting in a …
SpiceJet to borrow Rs 400 cr to revive 25 grounded aircraft after …
WEBMay 3, 2023 · Domestic carrier SpiceJet will borrow nearly Rs 400 crore to revive 25 grounded aircraft, the company said in a statement on Wednesday. The development comes after its rival Go First on Tuesday filed for insolvency proceedings with the National Company Law Tribunal (NCLT).
SpiceJet News
WEBMar 14, 2024 · SpiceJet Finalises Lease Agreement for 10 Aircraft to Boost Capacity Ahead of Summer Schedule. Airline to Expand Operational Capacity Further with Acquisition of Three Additional Airframes and Engine. Three Recent Settlements have resulted in total savings of INR 685 Crore for the airline.