SpiceJet Ordered to Pay USD 445,000 to Engine Lessors by Delhi High Court
The Delhi High Court has ruled against SpiceJet, the Indian low-cost carrier, mandating the airline to pay INR 37 million… Read More »
SpiceJet Secures INR 22.5 Billion Funding to Tackle Quarterly Losses and Revive Operations
In response to financial challenges, SpiceJet (SG, Delhi International) is set to raise INR 22.5 billion (USD 270 million) through… Read More »
SpiceJet Eyes ₹15 Billion Capital Boost Amid Potential Investor Interest
Indian carrier SpiceJet (SG) is reportedly exploring a substantial capital injection of around ₹15 billion (USD180 million) as it evaluates… Read More »
SpiceJet Successfully Defeats Willis Lease Finance’s Insolvency Bid
SpiceJet, the Indian low-cost carrier, has successfully thwarted an insolvency bid initiated by Willis Lease Finance after the National Company… Read More »
SpiceJet’s CEO Initiates Talks to Secure $100 Million Funding Amid Legal Challenges
Ajay Singh, the CEO of SpiceJet, is reportedly in the early stages of negotiations to secure funding of up to… Read More »
Legal Battle Escalates as Cross Ocean Partners Targets SpiceJet in Delhi High Court
In a new twist to SpiceJet’s legal woes, aircraft lessor Cross Ocean Partners is taking the battle to Delhi High… Read More »
SpiceJet and Engine Lease Finance BV Reach $2 Million Interim Settlement
SpiceJet, the Indian low-cost carrier, has entered into an interim settlement with Engine Lease Finance BV, resolving a legal dispute… Read More »
Conflict of Interest Concerns Arise Over Sirius India Airlines Pvt. Ltd Linked to SpiceJet Executives’ Spouses
The spouses of two senior executives at SpiceJet, one of India’s prominent airlines, have raised conflict of interest concerns by… Read More »