New Delhi: Troubled budget carrier SpiceJet on Friday submitted a revival plan to the government on the basis of a proposed investment of USD 200 million from founding promoter Ajay Singh and a unit of
New Desk: The downsliding Indian airline company SpiceJet has reportedly paid employees' salaries for the month of November and had also cleared its old dues of fuel on Tuesday. This has been confirmed by company's
New Delhi: Struggling budget carrier SpiceJet has presented a revival plan to the government, which will be discussed with oil companies and banks before taking a final decision regarding the airline, official sources said today.
New Delhi: Beleaguered SpiceJet could see a change of guard if Indian and foreign investors, who are now carrying out due diligence of the cash-strapped airline, are convinced about investing over Rs 1,200 crore and
New Delhi: SpiceJet on Saturday said that it has pressed into service an automated disruption management system to enable passengers reschedule flights or get refund on their cancelled flights.The airline said that customers whose flight
New Delhi: Cash-strapped SpiceJet's troubles seem to be far from over as the AAI has agreed to extend credit facility to the airline only for 15 days till December 31."The relief has been given only
New Delhi: Shares of SpiceJet surged 15.91 per cent on Friday, after media reports suggested that former promoter Ajay Singh and two 'blue-chip' investors are said to be pumping in about Rs 1,200 crore to
New Delhi: Troubled SpiceJet resumed operations today after yesterday's chaos as hundreds of passengers cancelled their tickets and shifted to other airlines due to uncertainty plaguing its services.Till 1800 hours today, the airline operated 21
New Delhi: Troubled airline SpiceJet on Thursday resumed operations after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs three crore
New Delhi: Flight services of cash-strapped SpiceJetBSE -5.04 % were grounded this morning due to the oil companies refusing fuel supplies to the carrier for non-payment even as the airlines said it will resume operations
New Delhi: Flight operations of cash-strapped SpiceJet were grounded today due to non-supply of jet fuel by oil marketing companies."Not even a single flight has taken off till this morning due to fuel supply issue
New Delhi: Coming to the rescue of the crisis-ridden budget airline SpiceJet, the Civil Aviation Ministry today said it may request Indian banks/financial institutions to extend loans of upto Rs 600 crore to the airline
New Delhi: Suffering a total liability of about Rs 2,000 crore, beleaguered no-frill carrier SpiceJet today approached the government and sought urgent financial help to run its daily operations.Top officials of the airline met Minister
Chennai: Cash-strapped SpiceJet has cancelled over 1,800 flights across the country for the current month, in signs of mounting troubles for the budget airline.The air carrier, which is part of Kalanithi Maran-led Sun Group, has
New Delhi: Government has ruled out any bail-out measure to cash-strapped budget carrier SpiceJet.Civil Aviation Minister Ashok Gajapathy Raju also justified the actions taken by the Directorate General of Civil Aviation against the airline including
New Delhi: Concerned over the deteriorating condition of SpiceJet and large-scale flight cancellations, aviation regulator Directorate General of Civil Aviation (DGCA) yesterday withdrew 186 of its slots and asked it to clear salary dues of
New Delhi: At least 71 pilots were grounded this year for various reasons, including being found tipsy, with about half of them belonging to no-frill carriers SpiceJet and IndiGo, Rajya Sabha was informed today.19 pilots
Mumbai: Amid reports of a possible stake sale, low-cost airline SpiceJet said it is exploring all options to mop up funds to overcome the cash crunch.The company did not divulge whether it is considering diluting
Mumbai: Apprehending an uncertain future for the company, some 40-odd SpiceJet pilots including commanders have quit the airline during the past six months, say sources.The airline auditors, in their recent report, have cast doubts over
New Delhi: Budget passenger carrier SpiceJet on Friday said that it has suspended its services to Surat indefinitely, after one of its aircraft had a run-in with a stray animal at the city's airport last
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