SpiceJet Jet Airways

The Delhi High Court rejected SpiceJet's offer of a Gurugram property as security for Rs 144.51 crore dues after the airline failed to honour its earlier Rs 50 crore deposit commitment

SpiceJet on Monday said DGCA's regulatory monitoring should not be construed as a fresh finding of safety deficiencies against the airline. In a clarification to the BSE, the budget carrier, which has been facing operational and financial headwinds, said it was aware of the Directorate General of Civil Aviation's (DGCA) regulatory monitoring. DGCA routinely undertakes safety audits, surveillance and spot checks of airlines as part of its regulatory oversight. SpiceJet has also undergone various such regulatory exercises in the past, and the regulatory monitoring should not be construed or represented as a new declaration or finding of safety concerns against the company, it said in a filing. The stock exchange had sought a clarification from SpiceJet on September 22 after Civil Aviation Minister K Rammohan Naidu said the airline was under DGCA scrutiny. "The current regulatory monitoring/review relating to the company's broader operational and financial position may not be equated

The move is setback to aircraft leasing firms that have waged long battle against airline to recover debts, but is reprieve for SpiceJet as its existing management will remain in control of airline

The hearing took place as years of legal disputes between SpiceJet and the firms that lease it aircraft appeared set to culminate in rulings on eight bankruptcy petitions

The matter was heard by Justice Subramonium Prasad

Domestic carrier SpiceJet on Monday said it plans to induct three Airbus A320 planes on a damp lease next month to further expand its fleet. The company has already finalised a lease agreement (with the lessor) for these three narrowbody planes, the airline said in a statement. Along with this, SpiceJet said it has also ungrounded a Boeing 737 MAX aircraft and put it back into commercial operations. The additional capacity will support the airline's network requirements during the busy travel season and provide greater operational flexibility across its domestic and international routes, it said. "These aircraft will help us meet growing passenger demand, strengthen operational resilience and enhance network flexibility during a busy travel period," said Debojo Maharshi, Chief Business Officer, SpiceJet. The airline, he said, continues to focus on steadily expanding its fleet and improving operational readiness as we move forward with our growth plans.

The Delhi High Court on Monday dismissed pleas by SpiceJet and its promoter Ajay Singh seeking a review of an earlier order to deposit Rs 144 crore in connection with its legal dispute with media baron Kalanithi Maran and Kal Airways. Justice Subramonium Prasad also imposed cost of Rs 50,000 on the airline and Singh. "Dismissed with cost of Rs 50,000," the judge said while pronouncing the verdict. On January 19, the court had directed SpiceJet and Singh to deposit Rs 144 crore with the registry within six weeks against an admitted liability of Rs 194 crore. On March 18, time to make the deposit was extended by four weeks. Singh and his budget airline sought reconsideration of the March 18 direction on several counts, including financial distress amid the ongoing war in West Asia. SpiceJet instead offered a commercial property in Gurugram as security and informed the court that the Centre was willing to offer it some assistance. Maran and Kal Airways opposed the review petitions,

Akasa's aircraft was stationary when SpiceJet's aircraft made contact with it

SpiceJet will operate 14 special flights from the UAE on Friday to bring passengers who have been stranded due to the Middle East conflict. Indian carriers cancelled 281 international flights on Thursday due to the Middle East crisis, and the government is closely monitoring the evolving situation in the region. In the last three days, SpiceJet said it has operated 25 special flights from the UAE to Delhi, Mumbai and Kochi. On Friday, the carrier will operate 9 flights from Fujairah to Mumbai, 4 services to Delhi and 1 from Dubai to Pune, according to a statement. The escalating conflict involving US, Israel and Iran have significantly impacted flight operations due to airspace closures.

SpiceJet on Sunday said a senior Army officer, who was to board a flight to Delhi, assaulted four airline ground staffers at the Srinagar airport on July 26, and one of them suffered a spinal fracture. An FIR has been registered with the local police, and the airline has initiated the process to place the passenger on the no-fly list in accordance with civil aviation regulations, the airline said and added that the assault happened after the passenger was told to pay for the extra cabin baggage. Video clips of the incident shared on social media showed the passenger assaulting the staff and one of them being hit with a queue stand at the airport. The injured were taken to the hospital and are undergoing treatment. "A passenger grievously assaulted four SpiceJet employees at the boarding gate of flight SG-386 from Srinagar to Delhi on July 26, 2025. Our staff members suffered a spinal fracture and serious jaw injuries after being attacked with punches, repeated kicks and a queue ...

SpiceJet on Thursday said aircraft lessor Genesis will acquire a stake worth USD 4 million in the airline as part of settling a more than USD 16 million dispute. For the settlement, the airline will also pay USD 6 million to Genesis. The budget carrier, which recently raised Rs 3,000 crore amid financial headwinds, has been settling various disputes with lessors and other entities. Subject to the settlement terms being satisfied, SpiceJet said both parties have agreed to withdraw all ongoing litigations and disputes related to this matter at the appropriate forums. In a release, the airline said it has reached an amicable settlement with Genesis, resolving their over USD 16 million dispute. 'Under the agreement, SpiceJet will pay Genesis USD 6 million and Genesis will acquire USD 4 million in SpiceJet equity at a price of Rs 100 per share,' it said. In September, Carlyle Aviation agreed to convert USD 30 million of lease arrears into SpiceJet equity at Rs 100 per share. Earlier,

Haj services have become a critical revenue stream for the airline with Spicejet anticipating to earn Rs 185 crore from these flight operations in 2025

Domestic carrier SpiceJet on Tuesday said it will enhance its fleet by another 10 aircraft by next month with the first plane set to be inducted on October 10. Seven of these aircraft will be acquired on lease, while three previously grounded ones are being reintroduced, SpiceJet said in a release. The Gurugram-headquartered airline has only 19 aircraft in operations while as many as 36 planes were on grounded as of October 8 according to the live aircraft fleet tracking website, Planespotter.net. The announcement comes on the back of SpiceJet securing Rs 3,000 crore fresh capital infusion through QIP late last month. The airline will receive an additional Rs 736 crore from a previous funding round, further bolstering its financial stability and growth trajectory. SpiceJet said it has already signed agreements for the leased aircraft, with the full induction of all seven planes expected by November 15. Two of these leased aircraft have already arrived in India and are scheduled f

SpiceJet on Thursday said its shareholders have approved the proposal to raise up to Rs 3,000 crore through issuance of securities. The no-frills carrier -- which is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft -- is looking to raise money that will help it meet various obligations. In a regulatory filing on Friday, the airline said shareholders have given their nod for the special resolution for raising funds of up to Rs 3,000 crore. The funds are proposed to be raised through Qualified Institutional Placement (QIP) and other options. SpiceJet, which had a fleet of 74 planes in 2019, is currently operating around 20 aircraft. Shares of the airline rose 8 per cent to close at Rs 71.66 on the BSE.

Cash-strapped domestic carrier Spicejet plans to raise over Rs 3,200 crore through various debt and equity instruments and capital infusion by the promoter, the airline said in a corporate presentation. The funds will be utilised in fleet ungrounding, liability settlement, new fleet induction and other general purposes, SpiceJet said in the presentation. "Spicejet plans to raise Rs 2,500 crore through QIP and Rs 736 crore through Previous Warrants and promoter infusion," it said. The proposed fundraising is subject to shareholders' approval, it added.

The airline's shareholders had earlier this year approved the issuance of equity and warrants for raising Rs 2,241 crore, out of which the airline has raised Rs 1,060 crore to date

For the last several quarters, SpiceJet has been grappling with a cash crunch amid multiple legal battles over unpaid dues to aircraft lessors, engine lessors, lenders, and Maran

SpiceJet is currently operating about 1,362 flights per week, which is 16 per cent fewer services than a year ago, Cirium's data stated.

The bid has been submitted by SpiceJet Chairman Ajay Singh, in his personal capacity, along with Busy Bee Airways Private Limited

After Ayodhya, SpiceJet plans to expand its business over the next two years and increase connectivity between various tourist and religious destinations including Lakshadweep, the airline's chief Ajay Singh said. The domestic carrier has also plans to operate seaplanes and is awaiting infrastructure development for water ports, the CMD told PTI in an interaction. "I think this is the time to expand. SpiceJet will do its utmost to expand its business over the next two years. We want to connect many tourist destinations, religious tourism, medical tourism, places like Lakshadweep," Singh said in reply to a question on company's expansion plan. According to Sing, the airline already has the licence to operate seaplanes and plans are in the works to connect several locations through seaplane services. On February 1, Uttar Pradesh Chief Minister Yogi Adityanath, Union Civil Aviation Minister Jyotiraditya Scindia, and Minister of State V K Singh jointly inaugurated SpiceJet's direct fli