TBM Staff - Mumbai
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
TBM Staff - Mumbai
In January, an estimated 13.1 million people travelled by air in India, marking a 4.7% increase from the previous year. This number represented a decline from December's record high of 13.8 million. The drop
TBM Staff - Mumbai
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.
TBM Staff - Mumbai
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,
TBM Staff - Mumbai
The Delhi High Court directed SpiceJet to pay USD 4 million to engine lessors Team France 01 SA and Sunbird France 02 SAS by February 15. SpiceJet, seeking more time, offered an initial $1 million.
TBM Staff - Mumbai
The National Company Law Tribunal (NCLT) has dismissed an insolvency plea filed by Wilmington Trust SP Services against the low-cost carrier. "...lacks merit, is not maintainable and therefore stands dismissed," the bench of NCLT, which
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