Page 15 - Spicejet

SpiceJet settles disputes with Canadian plane maker De Havilland

In 2017, SpiceJet had signed an agreement with De Havilland for the purchase of 25 Q400 aircraft

Sensex, Nifty end flat; Star Health settles at issue price; PSBs shine

The broader markets outperformed, the BSE Midcap and Smallcap indices were up 0.3 per cent and 0.8 per cent, respectively

Kolkata-bound SpiceJet's 737 Max flight returns to Mumbai due to snag

SpiceJet on Thursday said its 737 Max plane, which was heading from Mumbai to Kolkata, returned to Maharashtra's capital city due to a technical issue.

LIVE: Cremation of CDS Bipin Rawat, his wife to be held on Friday

CDS Gen Bipin Rawat, his wife Madhulika Rawat and 11 other persons on board have died in a chopper crash in Tamil Nadu on Wednesday

Sensex gallops 1,016pts on status-quo RBI policy; Nifty ends above 17,450

Rate sensitives' like auto, financials and real-estate shares logged smart gains in trade on Wednesday

SpiceJet to file appeal in Madras HC against its order to wind up operation

Spice Jet has announced that it would file an appeal in the Madras High Court against an order of the single bench of the high court directing the airline to wind up its operation

SpiceJet to appeal winding up order by HC, hopeful of positive decision

The Court on Monday ordered winding up of the airline on a petition filed by Credit Suisse over unpaid dues of $24 million

SpiceJet says HC has stayed its earlier order of winding up the airline

The carrier said it has a good case on merits and was hopeful of having favourable outcome in the appeal

Madras High Court orders winding up of SpiceJet over outstanding dues

The Madras High Court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the High Court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the High Court as the Liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co. v. Madhu Woollen Industries (P) Ltd., and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," ...

Air India owes Rs 2,350 crore to AAI, SpiceJet Rs 185 crore

The AAI owns 125-odd airports across the country. Airlines have to regularly pay various charges such as landing charges and parking charges to the AAI to operate aircraft from its airports

SpiceJet's Boeing 737 MAX takes off again after 2.5 years of being grounded

The return flight, minus the minister, was swift and with less incident - as short trips tend to be

SpiceJet to induct 50 Boeing 737 Max aircraft by December 2023

Two SpiceJet's Max planes out of the total 13 in its fleet have started operating commercial flights from Sunday

SpiceJet reintroduces Boeing 737 Max aircraft after recertification

Budget airline SpiceJet, on Tuesday recommenced flight services on Boeing 737 MAX aircraft.

Domestic airlines look to revive zero bag fares in order to grow traffic

In India, airlines are required to provide 15 kg of check-in bags free

SpiceJet, Boeing settle claims for 737 MAX's return to service

Besides cash, the Indian carrier to get two freighters as part of the deal

Sensex slips 314pts, Nifty ends below 17,900; RIL drops 2%, pvt banks fall

Maruti and Asian Paints were the top gainers among the Sensex 30 stocks, up 2.3 per cent each

SpiceJet, Boeing settle related claims on grounding of 737 MAX jets

The settlement will allow the resumption of new aircraft deliveries from SpiceJet's order of 155 MAX aircraft

SpiceJet's Q2 net loss widens to Rs 562 cr; total income rises 19%

Budget carrier SpiceJet on Friday reported widening of net loss to Rs 561.7 crore for the quarter ended September 2021. It incurred a net loss of Rs 112.6 crore in the corresponding period of the previous financial year. Total income was Rs 1,538.6 crore in the second quarter of 2021-22. It was Rs 1,292.9 crore in the year-ago period, the company said in release. Total expenses increased to Rs 2,100.4 crore in the period under review from Rs 1,405.6 crore in the second quarter of 2020-21. The airline had incurred a net loss of Rs 729 crore in the first quarter of the current financial year. "With the nationwide vaccination drive growing at an unprecedented pace across geographies, there is a significant jump in travel demand and we are very excited about the demand recovery," Ajay Singh, Chairman and Managing Director, SpiceJet, said. "The settlement with key lessors, the return of the 737 MAX in the current quarter (Q3), transfer of the logistics business and some very signific

SpiceJet seeks to widen customer base with a book-now-pay-later scheme

Ties up with fintech company Capital Float to enable customers to pay for their tickets in instalments

SpiceJet allows passengers to pay for tickets in 3, 6, or 12 instalments

Passengers do not have to provide any credit card or debit card details to avail the EMI scheme