SpiceJet shareholders gathered on Monday for the airline’s 40th Annual General Meeting (AGM) to discuss critical topics, including funding strategies, expansion plans, …
financial recovery
-
-
Airline Updates
SpiceJet Accelerates Claims Settlement as It Seeks Airline Turnaround.
by Editorby EditorSpiceJet, India’s low-cost airline, is on an aggressive claims settlement spree as part of its broader strategy to recover from its financial …
-
Airline Updates
Jet Airways’ Asset Liquidation May Yield Rs 1,000 Crore for Creditors.
by Editorby EditorThe liquidation of Jet Airways’ assets is expected to yield creditors approximately Rs 1,000 crore, as the long-awaited resolution of the airline’s …
-
Airline Updates
Acuité Upgrades SpiceJet’s Rating by Four Notches, Assigns Stable Outlook.
by Editorby EditorIn a significant development for SpiceJet, Acuité Ratings & Research has upgraded the airline’s long-term rating by four notches, boosting it from …
-
Airline Updates
SpiceJet Stock Surges 7% After $22.5 Million Settlement with Lessors.
by Editorby EditorSpiceJet, one of India’s prominent low-cost airlines, saw a significant boost in its stock price on October 9, 2024, following the announcement …
-
Aviation Deals
Bank of America Acquires Stake in SpiceJet Amid Rs 51 Crore Block Deal.
by Editorby EditorIn a notable development in the Indian stock market, block deals involving shares of SpiceJet have garnered significant attention. Investors witnessed a …
-
Airline Updates
SpiceJet Resolves $16.7 Million Dispute with Engine Lease Finance Corporation.
by Editorby EditorSpiceJet has successfully resolved a significant financial dispute with Engine Lease Finance Corporation (ELFC), amounting to $16.7 million. This development marks a …
-
SpiceJet’s shareholders have approved a significant fundraising plan aimed at raising ₹3,000 crore to support the airline’s financial recovery and expansion efforts. …
-
In a remarkable turnaround for India’s aviation sector, Tata Aviation has announced a significant reduction in its financial losses for the fiscal …