Efforts to salvage the struggling Go First airline have gained significant traction, with new discussions about its potential acquisition taking center stage. …
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Tag:
financial struggles
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Aviation Incident Reports
Former SpiceJet Pilots Demand ₹3 Crore in Unpaid Dues.
by Editorby EditorFormer SpiceJet pilots have added their voices to the growing chorus of grievances surrounding the airline’s financial troubles, claiming over ₹3 crore …
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Airline Updates
SpiceJet Cuts Workforce Significantly Amid Financial Struggles in FY24.
by Editorby EditorSpiceJet, 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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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 …