SpiceJet: The problems of SpiceJet, a company providing cheap air services, may be reduced. It is being told that the airline company has entered into an agreement with Export Development Canada (EDC) to settle the liability of $9.01 million i.e. Rs 755 crore. The airline had taken a loan in 2011 to purchase 15 aircraft. … Read more
SpiceJet Share Price: Indian aviation company SpiceJet has taken a big leap this month. The company has collected funds of about Rs 900 crore in a month. Information has been given by the company that this money will be used by the company to upgrade its fleet and focus on cost cutting measures. According to … Read more
SpiceJet: A big relief news has come to the fore for SpiceJet on Tuesday. It is being told that the aviation regulator DGCA has removed SpiceJet from its enhanced monitoring system. A senior officer gave this information about this. The airline, facing headwinds, was recently put under enhanced surveillance. The senior DGCA official said that … Read more
In a jolt to low-cost carrier SpiceJet in a share transfer dispute, the Supreme Court refused to extend the deadline for it to pay Rs 578 crore to media baron Kalanithi Maran and his KAL Airways under an arbitration award, saying it was a “luxury”. ‘ (abuse of legal process) are the cases. Refusing to … Read more