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Aviation
SpiceJet’s investments reach INR 1,060cr after raising additional INR 316cr

SpiceJet’s investments reach INR 1,060cr after raising additional INR 316cr

SpiceJet has raised an additional INR 316 crore, bringing the total investments raised to INR 1,060 crore under its preferential issue. The combined sum reflects strong investor confidence in SpiceJet's future and unlocks exciting opportunities

Aviation
SpiceJet’s Ajay Singh & Busy Bee Airways submit bid for GoFirst

SpiceJet’s Ajay Singh & Busy Bee Airways submit bid for GoFirst

  Ajay Singh, Chairman and MD of SpiceJet, and Busy Bee Airways Private Limited have jointly submitted a bid for GoFirst on February 16, 2024. This move has the potential to reshape the landscape of

Aviation
Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

In a recent legal development, the Delhi High Court has instructed low-cost carrier SpiceJet Ltd to make a payment of INR 50 crore to its former promoter Kalanithi Maran and KAL Airways within six weeks.

Aviation
SpiceJet Obtains Haj Flight Permissions from Seven Indian Cities, Strengthening Revenue Streams

SpiceJet Obtains Haj Flight Permissions from Seven Indian Cities, Strengthening Revenue Streams

  SpiceJet announces the acquisition of flight rights for Haj operations from seven Indian cities, namely Srinagar, Gaya, Guwahati, Bhopal, Indore, Aurangabad, and Vijayawada. Haj operations have proven to be a revenue source for SpiceJet,

Aviation
SpiceJet completes first tranche of capital infusion aggregating to INR 744 Crore

SpiceJet completes first tranche of capital infusion aggregating to INR 744 Crore

SpiceJet Ltd. has allotted shares and warrants totalling INR 744 crore on a preferential basis in the first tranche. On January 25, 2024, the company’s Board of Directors approved the allotment of 5.55 crore equity

Aviation
SpiceJet to begin flights to Lakshadweep & Ayodhya soon: CEO

SpiceJet to begin flights to Lakshadweep & Ayodhya soon: CEO

Ajay Singh, CEO, SpiceJet said at the company's AGM yesterday that the current financial infusion will help the airline become a stronger and more resilient airline in the country, as well as expand the company's

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