Shares of InterGlobe Aviation Ltd., the parent company of IndiGo Airlines, saw a boost on Monday after Citi maintained its ‘buy’ rating …
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Airline Updates
SpiceJet Shares Rise Nearly 7% After $16 Million Dispute Settlement with Genesis.
by Editorby EditorShares of SpiceJet surged nearly 7% on December 19, following the airline’s announcement of a successful settlement with Genesis, a commercial airline …
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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 …
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Airline Updates
SpiceJet Secures INR 3,000 Crore Funding, A Lifeline or a Short-Term Fix?
by Editorby EditorSpiceJet, the Indian low-cost airline that has faced significant financial turbulence in recent years, appears to have secured a lifeline with an …
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Aviation Horizon
Stock Surges After Airports Authority of India Power Supply Contract.
by Editorby EditorA notable surge in a company’s stock price occurred recently as it hit the upper circuit following a significant order win from …
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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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Airline Updates
SpiceJet’s ₹3,000 Crore QIP Oversubscribed, Boosting Financial Stability.
by Editorby EditorIn a notable achievement for SpiceJet, the airline has successfully completed a Qualified Institutional Placement (QIP) that raised ₹3,000 crore, with the …
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SpiceJet’s shares have seen a notable decline of more than 6 percent following a recent decision by the Directorate General of Civil …
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Airline Updates
SpiceJet to Release Timely Q1 FY25 Results After Challenging Year.
by Editorby EditorSpiceJet, one of India’s leading low-cost carriers, is set to announce its Q1 FY25 results on time after a year of financial …
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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 …
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