SpiceJet says to raise more funds, increase fleet size
In March, Indian courts had ordered India`s aviation regulator to deregister 11 of SpiceJet`s Boeing planes.
May 21, 2015, 14:58 PM IST
On revival path, SpiceJet sees return of pilots who flew the coop
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.
Apr 01, 2015, 18:51 PM IST
SpiceJet makes part payment of dues to AAI
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.
Apr 01, 2015, 17:12 PM IST
SpiceJet running short of planes for scheduled flights
SpiceJet is scheduled to make 280 daily flights from next week.
Mar 27, 2015, 15:50 PM IST
HC asks DGCA not to de-register SpiceJet planes till April 6
The airline had moved the High Court seeking orders to DGCA not to de-register its six aircraft leased from two lessors.
Mar 25, 2015, 16:11 PM IST
SpiceJet negotiating with aircraft lessors over rent default
The airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lessor.
Mar 20, 2015, 14:21 PM IST
SpiceJet says expects to resolve settlement disputes with lessors shortly
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.
Mar 20, 2015, 12:07 PM IST
Govt approves SpiceJet's 'reconstruction & revival' plan
Budget carrier SpiceJet on Friday said the government has approved its "reconstruction and revival" plan submitted to the Civil Aviation Ministry on January 15.
Jan 23, 2015, 12:27 PM IST
DGCA allows SpiceJet to open advance bookings beyond March 31
The summer schedule of the airlines in India commences from March 29 and lasts up to October end.
Jan 22, 2015, 15:11 PM IST
SpiceJet may axe 2000 jobs to cut losses; rejig top management
Indicating the prospects of a lay off, Sun Group CFO has said that if SpiceJet has to stay in this sector then the huge manpower must be trimmed down.
Jan 19, 2015, 13:20 PM IST
No fund diversion: SpiceJet
Budget carrier SpiceJet Wednesday refuted a report that it had diverted funds to other group companies of parent firm Sun Group.
Jan 14, 2015, 20:59 PM IST
SpiceJet asked to pay $31.5 mn to state airport operator
Cash-strapped SpiceJet needs urgent funding to continue operations smoothly.
Dec 30, 2014, 15:21 PM IST
SpiceJet to submit revival plan to government today
Beleaguered budget carrier SpiceJet would submit a revival plan to the government on Friday on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and US-based JP Morgan Chase, as per sources.
Dec 26, 2014, 09:19 AM IST
JPMorgan fund in talks on taking $200 mn stake in SpiceJet: Report
Ajay Singh, who helped set up the low-cost airline in 2005, is leading a rescue plan for SpiceJet and has met with aviation ministry officials to discuss a revival plan.
Dec 25, 2014, 13:56 PM IST
SpiceJet resumes normal operations
The operations of the budget carrier SpiceJet, which were hit severely last week due to the non-payment of dues to the oil companies and regulatory issues, returned to normal Saturday with the airline operating 124 flights till this afternoon.
Dec 20, 2014, 17:44 PM IST
AAI extends credit facility to SpiceJet till December
Cash-strapped SpiceJet's troubles seem to be far from over as the AAI has agreed to extend credit facility to the airline only for 15 days till December 31.
Dec 19, 2014, 23:37 PM IST
SpiceJet rescue plan marks bold bet on Indian aviation recovery
The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and heavy losses.
Dec 19, 2014, 21:17 PM IST
SpiceJet shares soar about 20% on hopes of revival
Shares of SpiceJet zoomed almost 20 percent on Friday on expectations of revival of the distressed air carrier.
Dec 19, 2014, 18:41 PM IST
SpiceJet runs extra flights to clear passenger-backlog
SpiceJet said that its operations are back to normal and bookings are now open until 28th March 2015.
Dec 19, 2014, 17:19 PM IST
SpiceJet resumes operation, pays cash to buy jet fuel
Troubled airline SpiceJet resumed operations on Wednesday after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs 3 crore last evening to buy jet fuel.
Dec 18, 2014, 16:39 PM IST
