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
TBM Staff - Mumbai
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
TBM Staff - Mumbai
A comprehensive report, based on traffic data from domestic airlines, analyzed on-time performance trends for scheduled domestic carriers. Akasa Air lands the top spot with an impressive 80.2% on-time performance, leaving SpiceJet grounded at 36.9%.
TBM Staff - Mumbai
Ayodhya Airport in Uttar Pradesh has been notified as an international airport. Starting February 1, SpiceJet will operate flights from New Delhi, Ahmedabad, Jaipur, Patna, and Darbhanga. The Ministry of Civil Aviation announced that it
TBM Staff - Mumbai
In a significant legal development, the Delhi High Court has given approval for Engine Lease Finance BV to conduct inspections on an engine it leased to SpiceJet. The court ruling permits the lessor to inspect
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