SpiceJet says expects to resolve settlement disputes with lessors shortly
Low-cost carrier SpiceJet Ltd on Friday said it expects to resolve settlement disputes with its lessors shortly, and that there will be no grounding of aircraft or disruption in operations.
Mar 20, 2015, 12:07 PM IST
HC directs DGCA to deregister six SpiceJet aircraft
Delhi High Court Thursday directed the Directorate General of Civil Aviation (DGCA) to deregister six aircraft given on lease to low-cost airline SpiceJet by two Irish firms.
Mar 19, 2015, 19:52 PM IST
SpiceJet increases payment to AAI for services availed
The airline is now paying Rs 75 lakh per day to the airports operator for availing the services as against its per day billing of about Rs 70 lakh, official sources said Wednesday.
Mar 11, 2015, 20:46 PM IST
MHA conducting background check of SpiceJet owner Ajay Singh
Security agencies are conducting a background checking of new owner of SpiceJet, Ajay Singh, after he infused a fund of Rs 500 crore in the beleaguered air carrier and announced plans to invest Rs 1,500 crore.
Mar 11, 2015, 18:45 PM IST
SpiceJet clears plane rental dues, pays $10 mn to lessors
Having settled its dues with the tax authorities and the public sector oil marketing firms, budget carrier SpiceJet Monday cleared its aircraft rentals dues by paying USD 10 million to some of its lessors.
Mar 02, 2015, 22:49 PM IST
CCI says no 'overlaps' in SpiceJet-Singh deal
The Competition Commission has said Ajay Singh's acquisition of controlling stake in SpiceJet will have no "horizontal overlaps or vertical relationship" between the two parties.
Feb 27, 2015, 19:29 PM IST
SpiceJet receives fund from new owner
Budget carrier SpiceJet has finally received the much-need funding, with the new owner Ajay Singh infusing Rs 500 in the airline as part of his Rs 1,500 crore investment plan to revive it.
Feb 26, 2015, 10:08 AM IST
Ajay Singh now holds over 60% stake in SpiceJet
According to a regulatory filing made by SpiceJet, Singh holds more than 36.15 crore shares or 60.31 percent stake in the carrier.
Feb 25, 2015, 20:20 PM IST
SpiceJet settles with gains of over 3%; m-cap jumps by Rs 47 cr
Shares of SpiceJet Wednesday settled for the day with gains of over 3.31 percent, thereby adding Rs 47 crore to its market capitalisation after Ajay Singh became the new promoter of the company.
Feb 25, 2015, 18:45 PM IST
SpiceJet says it has started paying back to it creditors
Budget carrier SpiceJet has started paying back to its creditors with the airline clearing all its dues related to TDS payments following its ownership going back in the hands of the original promoter Ajay Singh.
Feb 24, 2015, 20:23 PM IST
Ajay Singh again becomes the owner of SpiceJet
The ownership of budget carrier SpiceJet came back in the hands of its original promoter Ajay Singh again Monday after the shares of the Marans' family were physically transferred to his account.
Feb 23, 2015, 23:22 PM IST
SpiceJet shares soar 20% on CCI nod for capital infusion plan
Shares of SpiceJet on Friday surged nearly 20 percent after fair trade watchdog CCI approved original promoter Ajay Singh's plan to acquire controlling stake in the carrier.
Feb 20, 2015, 18:27 PM IST
CCI clears SpiceJet-Ajay Singh deal; Rs 400 cr infusion next week
With clearance from the Competition Commission of India (CCI), the low-cost carrier's original promoter is closer to taking the management reins and ownership of SpiceJet.
Feb 19, 2015, 21:14 PM IST
CCI clears SpiceJet's proposed deal with Ajay Singh
With the approval, the deal will now see a new ownership in Ajay Singh as well as a new infusion of funds into the airline.
Feb 19, 2015, 20:05 PM IST
CCI looking into SpiceJet deal; final decision awaited
The Competition Commission is looking into SpiceJet's proposed deal with its original promoter Ajay Singh and a decision is yet to be finalised.
Feb 17, 2015, 21:02 PM IST
SpiceJet shares down 4% as Q3 loss widens
Shares of budget airline SpiceJet today fell by 4 percent after the company reported widening of net loss by a steep 59 percent during the third-quarter at Rs 275 crore.
Feb 13, 2015, 13:15 PM IST
SpiceJet files application for Singh's security clearance
SpiceJet on Tuesday said it has filed an application with the Civil Aviation Ministry seeking security clearance for Ajay Singh to be appointed as a director of the carrier.
Feb 03, 2015, 21:25 PM IST
Spicejet: Security clearance sought for appointing Singh as director
The Civil Aviation Ministry has sent the name of Ajay Singh to the Home Ministry for security clearance before approving his appointment as a director of cash-strapped SpiceJet, where he will take a majority stake.
Feb 02, 2015, 23:27 PM IST
SpiceJet to get Rs 1,500 cr funds; Marans to also put Rs 375 crore
The embattled airline, which received a lifeline from original promoter Singh earlier this month, would issue up to 37.5 lakh non-convertible cumulative redeemable preference shares.
Jan 30, 2015, 11:00 AM IST
Kalanithi Maran, Kal Airways sell entire SpiceJet stake to Ajay Singh
Budget airline SpiceJet on Friday said that its promoters Kalanithi Maran and Kal Airways plan to sell their entire equity to co-founder Ajay Singh.
Jan 30, 2015, 10:10 AM IST
