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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

Aviation
SpiceJet and Celestial Aviation reach agreement on aircraft lease

SpiceJet and Celestial Aviation reach agreement on aircraft lease

  Budget carrier SpiceJet Limited disclosed a resolution with aviation lessor Celestial Aviation before the National Company Law Tribunal (NCLT). The airline has commenced payment processes under the agreement and seeks an extra week to

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,

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