In a move to address its ongoing financial challenges, Boeing has announced it will issue layoff notices to approximately 17,000 employees, representing …
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financial challenges
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Airline Updates
SpiceJet Faces Insolvency Plea from Logistics Firm Amid Creditor Disputes.
by Editorby EditorIn a fresh development in SpiceJet’s financial challenges, Eusu Logistics India Pvt. Ltd, the Indian arm of the South Korea-based Eusu Logistics, …
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Airline Updates
SpiceJet Faces New Challenge as Falgu Aviation Claims ₹67 Crore Debt.
by Editorby EditorThe dispute centers around unpaid dues related to aircraft leasing agreements, a critical aspect of any airline’s operational framework. Leasing companies play …
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Airline Updates
Spirit Airlines in Talks with Bondholders Over Potential Chapter 11 Bankruptcy.
by Editorby EditorUS ultra-low-cost carrier Spirit Airlines is reportedly in discussions with its bondholders regarding a potential Chapter 11 bankruptcy filing. This development comes …
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Airline Updates
Delhi High Court Orders SpiceJet to Respond to Lessors’ Petition on Aircraft Engines.
by Editorby EditorThe Delhi High Court has directed SpiceJet to respond to an execution petition filed by several lessors concerning the return of aircraft …
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Airline Updates
Societe Generale Divests ₹47 Crore in SpiceJet Shares via Block Deals.
by Editorby EditorSociete Generale has executed a significant divestment by selling shares worth ₹47 crore in SpiceJet through block deals. This move marks a …
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Aviation Deals
Authum Investment Sells ₹37 Crore Stake in SpiceJet via Bulk Deal.
by Editorby EditorSpiceJet shares witnessed significant trading activity as Authum Investment and Infrastructure Ltd. reduced its stake in the airline by selling shares worth …
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Airline Updates
Supreme Court Upholds Order for SpiceJet to Return Leased Aircraft Engines.
by Editorby EditorThe Supreme Court of India has recently upheld a high court order mandating SpiceJet to return three leased aircraft engines to their …
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Airline Updates
SpiceJet Delays June Salaries, Plans Phased Disbursement for Employees.
by Editorby EditorSpiceJet, one of India’s prominent low-cost airlines, has announced delays in the disbursement of June salaries to its employees, citing the need …
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SpiceJet, one of India’s leading low-cost airlines, has garnered attention not only for its competitive pricing and extensive route network but also …
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