SpiceJet AGM Highlights Funding Boost and Expansion Plans.
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
SpiceJet Accelerates Claims Settlement as It Seeks Airline Turnaround.
SpiceJet, India’s low-cost airline, is on an aggressive claims settlement spree as part of its broader strategy to recover from its financial…
Jet Airways’ Asset Liquidation May Yield Rs 1,000 Crore for Creditors.
The liquidation of Jet Airways’ assets is expected to yield creditors approximately Rs 1,000 crore, as the long-awaited resolution of the airline’s…
Acuité Upgrades SpiceJet’s Rating by Four Notches, Assigns Stable Outlook.
In a significant development for SpiceJet, Acuité Ratings & Research has upgraded the airline’s long-term rating by four notches, boosting it from…
SpiceJet Stock Surges 7% After $22.5 Million Settlement with Lessors.
SpiceJet, one of India’s prominent low-cost airlines, saw a significant boost in its stock price on October 9, 2024, following the announcement…
Bank of America Acquires Stake in SpiceJet Amid Rs 51 Crore Block Deal.
In a notable development in the Indian stock market, block deals involving shares of SpiceJet have garnered significant attention. Investors witnessed a…
SpiceJet Resolves $16.7 Million Dispute with Engine Lease Finance Corporation.
SpiceJet has successfully resolved a significant financial dispute with Engine Lease Finance Corporation (ELFC), amounting to $16.7 million. This development marks a…
SpiceJet Shareholders Approve ₹3,000 Crore Fundraising Plan.
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.…
Tata Aviation Reduces Losses, Air India Revenue Soars.
In a remarkable turnaround for India’s aviation sector, Tata Aviation has announced a significant reduction in its financial losses for the fiscal…