SpiceJet CMD Ajay Singh

The Delhi High Court has clarified that there is no stay of investigation in an alleged cheating case against SpiceJet promoter Ajay Singh concerning the transfer of shares of the airline to certain individuals. The clarification came on an order passed by Justice Anoop Kumar Mendiratta on Singh's anticipatory bail application in the matter. The court, which had earlier granted interim protection from arrest to the businessman stated in its order dated September 8, As prayed by learned Additional Standing Counsel for the State, it is clarified that there is no stay of investigation. The court listed the matter for further hearing on November 29 and said the interim order shall continue to remain in operation in the meantime. List on November 29, 2022. Interim orders to continue, it said. In the present case, which pertains to two similar FIRs, a Delhi businessman and his family members have alleged that there was a share-purchase agreement between him and the accused and they paid

SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event

Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects

SpiceJet on Tuesday said the complaint of alleged fraud filed by an individual against airline's Chairman Ajay Singh was "completely bogus" and a defamation suit will be filed against the complainant

Banks and shareholders have given their approval to hive off cargo and logistics company SpiceXpress from SpiceJet airline, the carrier's CMD Ajay Singh said

'A lot of these incidents that are being reported are relatively minor in nature and happen to every airline. This is nothing unique,' says SpiceJet CMD Ajay Singh

SpiceJet extended its ESOP scheme to mid to senior level employees and critical resource staff in recognition of their contribution to the Company in the last three years of the Covid-19 crisis

Even as the low-cost airline he runs has shrunk to survive the pandemic, many are questioning his plans to bid for national carrier Air India

The fall-back option under discussion is to allow Air India Express to raise money through the market by listing on the bourses

Airline will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight

With the latest induction, SpiceJet will have a dedicated fleet of nine freighter aircraft consisting of five Boeing 737s, three Bombardier Q-400s and one Airbus A340

Aircraft lease rentals account for around 15 per cent of an airline's overall expense and since these are paid in dollars are also subject to currency fluctuation.

Migrant workers were seen walking on foot for hundreds of kilometers across the states - be it from Delhi, Telangana or Kerala to reach their home states

The aircrafts from Boeing, which were expected as improved and more fuel efficient, were grounded in March 2019, according to reports, after two of the aircrafts crashed within five months

Because of the spike in oil price to up to 86 dollars, airlines were forced to relook at their models and examine where they can make or save more money

He hoped that the Narendra Modi government would return to power after national elections due in the next few months, saying the work done by it has been phenomenal and unparalleled

Interview with Ajay Singh, CMD, SpiceJet