#spicejet
Delhi high court asks SpiceJet to disclose assets in 2 weeks in $8 million Sunbird dues case
21 years of SpiceJet - a testament of resilience or a story of repeated missteps?
SpiceJet faces significant liabilities and legal challenges post-pandemic, despite efforts to convert debt to equity. While it celebrates 21 years of operations, it struggles against competitors like IndiGo and ongoing financial distress, compounded by the CO…
SpiceJet faces fresh legal heat as engine lessor seeks enforcement of $8 million UK award
Sunbird France moved the Delhi High Court to enforce a London court ruling over unpaid engine lease rentals and maintenance dues, adding to SpiceJet’s mounting legal and financial troubles.
SC rejects SpiceJet's plea in Rs 144 cr case with Kalanithi Maran & Kal Airways, asks it to move Delhi HC
The Supreme Court of India on Tuesday asked SpiceJet to approach the Delhi High Court for more time to deposit Rs 144 crore in its dispute with Kalanithi Maran and Kal Airways. SpiceJet, represented by senior advocate Mukul Rohatgi, argued that the West Asia …
Airlines plead with state-run oil majors to postpone jet fuel hikes
Indian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financial pressures and mounting losses for carriers like Air India, IndiGo, and SpiceJet. Discussions are ongoing, with the oi…
IndiGo, Spicejet & other travel stocks plunge up to 7%. Two big reasons why
Travel stocks, including IndiGo, SpiceJet, ixigo, Toman Cook and Yatra Online, fell sharply after Prime Minister Narendra Modi urged citizens to avoid non-essential foreign travel for a year. Rising crude oil prices added further pressure, pushing aviation tu…
SpiceJet, Akasa seen as frontrunners to access airline-specific loans under ECLGS
Loans capped at ₹1,000 crore per carrier; government offers up to 90 per cent credit guarantee support
SpiceJet’s shrinking fleet puts international operations under scrutiny
With just 21 planes, SpiceJet risks falling below the regulatory threshold for international operations, which requires airlines to have at least 20 aircraft or deploy 20% of capacity on domestic routes, whichever is higher.
Delhi HC dismisses SpiceJet and its promoter Ajay Singh's review plea in case against Maran-Kal Airways
The Delhi High Court dealt a blow to SpiceJet and its founder Ajay Singh by rejecting their review petitions, accompanied by a cost penalty of Rs 50,000. This ruling stems from an ongoing legal clash with Kalanithi Maran and Kal Airways, where SpiceJet aimed …
Air India, IndiGo, SpiceJet seek ATF price revision, financial support from Centre; warn of possible shutdown
Indian airlines have warned the government of potential shutdown due to soaring aviation fuel costs. They have sought price revisions and financial aid. Rising oil prices and airspace restrictions have compound operational challenges amid the West Asia war.