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No Respite For Troubled SpiceJet
No Respite For Troubled SpiceJet As NCLT Issues Notice Over Another Insolvency Plea
SpiceJet hit a new low with its market share shrinking by 80 bps to 2.3 per cent (month-on-month) in August, largely due to financial woes and increased grounding, carrying just 3.01 lakh domestic passengers.
Spicejet Gets Notice From Law Tribunal Over Insolvency Plea From Creditor
The National Company Law Tribunal (NCLT) on Monday issued notice to debt-ridden air carrier SpiceJet over the plea filed by one of its operational creditors.
Spicejet faces another insolvency plea from operational creditor; NCLT issues notice
SpiceJet is already facing several insolvency petitions from creditors, including Willis Lease, Aircastle Ireland Ltd, Wilmington and Celestial Aviation at NCLT and the appellate tribunal NCLAT.
SpiceJet faces another insolvency plea, India’s bankruptcy tribunal issues notice
SpiceJet is already facing several insolvency petitions from creditors, including Willis Lease, Aircastle Ireland Ltd, Wilmington and Celestial Aviation at NCLT and the appellate tribunal NCLAT.
NCLT Issues Notice To Spicejet Over Insolvency Plea From Another Operational Creditor
The National Company Law Tribunal (NCLT) on Monday issued a notice to embattled low-cost carrier SpiceJet over a petition by
ET Now on MSN
2h
SpiceJet QIP: Rs 3,000 cr fresh funding! Cash-strapped airline to pay salaries, PFs to employees soon – Details
The cash-strapped Indian airline
SpiceJet
has got another fresh breather for going bankrupt following the successful fund ...
1h
Bankruptcy court seeks SpiceJet's reply over unpaid operational dues
The court was told that the said debt has been acknowledged by the airline and yet there has been no compliance ...
Fortune India
3h
SpiceJet's ₹3,000 cr QIP oversubscribed; shares surged 10%
SpiceJet’s Qualified Institutional Placement (QIP) worth ₹3,000 crore was oversubscribed, the airline informed today via an ...
The Week
5h
SpiceJet: The ‘flying’ cat with nine lives
The tale of SpiceJet is filled with the sort of twists and turns that could impress an OTT scriptwriter, or even inspire him ...
The Financial Express
6h
Sigh of relief for SpiceJet as it raises Rs 3,000 crore – What is the plan ahead?
While much of India’s aviation sector has rebounded following the COVID-19 pandemic, SpiceJet has struggled with financial ...
7h
SpiceJet aims for fleet of 100 by the end of 2026: CMD Ajay Singh
A day after SpiceJet raised Rs 3,000 crore (about $360 million) through selling new shares, the airline's chairman and ...
The Pioneer
15h
SpiceJet raises Rs 3,000 crore through QIP
Domestic carrier
SpiceJet
on Monday said it has raised Rs 3,000 crore through a Qualified Institutional Placement (QIP).
6h
on MSN
Why Goldman, Morgan Stanley are betting on SpiceJet despite all its troubles
SpiceJet has raised Rs 3,000 crore through a share sale to institutional investors, including Goldman Sachs and Nomura ...
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