Still Space for Us’, SpiceJet CEO on Resilience Amid Airline Duopoly.
SpiceJet, one of India’s prominent low-cost carriers, has faced numerous challenges over the years but is determined to remain a key player…
Airline Recovery
Azul Airlines Completes Financial Restructuring, Eliminates $1.6 Billion Debt.
Brazil’s Azul Airlines has successfully completed a significant financial restructuring, effectively eliminating nearly US US$1.6 billion in debt while improving its overall…
SpiceJet to Resume Talks with Boeing for 737 Max Deliveries.
SpiceJet is set to re-engage with US aerospace giant Boeing to resume deliveries of the Boeing 737 Max planes from its 2017…
SpiceJet Shares Rise Nearly 7% After $16 Million Dispute Settlement with Genesis.
Shares of SpiceJet surged nearly 7% on December 19, following the airline’s announcement of a successful settlement with Genesis, a commercial airline…
Azul Airlines to Complete Financial Restructuring by January 2025.
Brazilian airline Azul Airlines has provided an important update regarding its ongoing financial restructuring process, revealing that it anticipates completing key steps…
Brussels Airlines Plans 18% Capacity Boost with 50 Aircraft for Summer 2025.
Brussels Airlines is gearing up for an ambitious summer season in 2025 with plans to operate a fleet of 50 aircraft, marking…
Malaysia Airlines Faces Setback as Airbus A330neo Delivery Delayed to November.
Malaysia Airlines is currently grappling with another setback in its fleet modernization efforts, as the delivery of its first Airbus A330neo has…
Societe Generale Divests ₹47 Crore in SpiceJet Shares via Block Deals.
Societe Generale has executed a significant divestment by selling shares worth ₹47 crore in SpiceJet through block deals. This move marks a…
SpiceJet Seeks Financial Lifeline to Navigate Operational Challenges.
SpiceJet, once a prominent player in India’s budget airline sector, is once again at a crossroads as it seeks additional financial support…
SpiceJet’s ₹3,000 Crore QIP Oversubscribed, Boosting Financial Stability.
In a notable achievement for SpiceJet, the airline has successfully completed a Qualified Institutional Placement (QIP) that raised ₹3,000 crore, with the…