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SpiceJet crisis

SPICEJET CRISIS NEWS

SpiceJet promoters to infuse Rs300 cr in chequered carrier

May 22, 2015 2:55 am

The new majority shareholder Ajay Singh who took over from media baron Kalanithi Maran has already infused Rs 550 crore into the airline.

SpiceJet resolves dispute with lessor, retains 3 aircraft

March 24, 2015 1:28 am

Earlier on March 19, the Delhi High Court had directed the Directorate General of Civil Aviation (DGCA) to de-register six Boeing 737 aircraft operated by SpiceJet.

SpiceJet yet to receive funds from new promoters

February 19, 2015 2:00 am

SpiceJet is running operations on money raised from forward bookings, to run daily operations, said the official.

SpiceJet: Lessors meet DGCA, seek 11 planes back

January 22, 2015 1:54 am

Once the revival plan is cleared, the aviation ministry would lift the restriction which had barred SpiceJet from accepting bookings beyond 31 March, 2015.

SpiceJet back in hands of former promoter Ajay Singh to lead revival plan, Marans out

January 16, 2015 9:41 am

Current promoters Kalanithi Maran & KAL Airways to transfer ownership to Singh.

AAI to ask SpiceJet for part-payments

January 14, 2015 1:17 am

SpiceJet received a breather on payment of airport charges till December 31, 2014, which was extended by an added 10 days and now till Jan 15, 2015.

SpiceJet likely to get first round of funds by Jan 10

January 09, 2015 1:24 am

Co-founder Ajay Singh and JPMorgan Chase are scheduled to submit a final proposal on capital infusion plans in the carrier, understood to be $200 million.

Centre plans temporary cap on airfares

December 24, 2014 2:06 am

Other airlines have been charging exorbitant fares from passengers for last minute bookings.

SpiceJet’s dues grew to R1,230 cr in 18 days: Govt

December 23, 2014 2:42 am

The carrier has presented a revival plan to the government, which will be discussed with oil firms and banks before taking a final decision.