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SpiceJet to connect Delhi-Phuket with non-stop flights from May 31

SpiceJet to connect Delhi-Phuket with non-stop flights from May 31

SpiceJet will commence daily non-stop flights connecting Delhi and Phuket, starting May 31, 2024. Ajay Singh, Chairman and Managing Director, SpiceJet, said “We are incredibly excited to launch our first-ever service to Phuket, a world-renowned

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Delhi High Court allows lessor reclaim of Aircraft

Delhi High Court allows lessor reclaim of Aircraft

  The Delhi High Court dealt a final blow to any hopes of a revival for Go First by ordering the aviation regulator to deregister all 54 aircraft leased by the bankrupt airline, effectively grounding

Aviation
SpiceJet reaches settlement to resolve USD 90.8 mn liabilities

SpiceJet reaches settlement to resolve USD 90.8 mn liabilities

SpiceJet and Export Development Canada (EDC) have signed a settlement agreement, the terms of which will allow the airline to clear major liabilities, leading to a comprehensive revitalisation of its balance sheet. This settlement marks

Aviation
SpiceJet settles dispute with Lessor, saving costs

SpiceJet settles dispute with Lessor, saving costs

  SpiceJet has officially resolved a USD 49.8 million (INR 413 Crore) dispute with Echelon Ireland Madison One Ltd., marking a significant achievement for the airline. This settlement not only translates to substantial cost savings

Aviation
SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet has reached a settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute of about USD 11.2 million (INR 93 crore). The parties made this joint announcement before the Delhi High Court

Aviation
Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

Go First sale faces uncertainty as bidders tie payments to lawsuit resolution

The fate of Go First hangs in the balance as potential buyers, including a consortium led by SpiceJet Chief Ajay Singh and Sharjah-based Sky One, propose conditional payments linked to the resolution of a lawsuit

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