SpiceJet, one of India’s leading budget carriers, has significantly reduced its workforce during the financial year 2023-24 (FY24), signaling a major restructuring …
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Tag:
financial struggles
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Airline Updates
SpiceJet Faces Fresh Insolvency Petitions Amid Financial Struggles.
by Editorby EditorTwo additional insolvency petitions were filed against budget carrier SpiceJet at the National Company Law Tribunal (NCLT) on Monday, intensifying the financial …
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Aviation Incident Reports
SpiceJet Faces Insolvency Plea from Operational Creditor, NCLT Responds.
by Editorby EditorSpiceJet is once again facing significant financial challenges as it contends with a new insolvency petition filed by an operational creditor. The …
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Airline Updates
Ajay Singh Dilutes SpiceJet Stake to Raise ₹3,000 Crore Amid Struggles.
by Editorby EditorSpiceJet’s Chairman and Managing Director, Ajay Singh, has made a significant announcement regarding his intention to dilute his stake in the airline …