Aviation regulator DGCA has received requests to deregister two more B737 aircraft leased to the carrier SpiceJet
Earlier in August, DGCA had deregistered four SpiceJet planes after two lessors' requests
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SpiceJet is looking to raise investments from external parties, including airlines, said Ajay Singh on the sidelines of an ASSOCHAM event
Road Transport Minister Nitin Gadkari on Tuesday said the government will approach the capital market next month to raise funds for four road projects
SpiceJet has reached an out of court settlement with Swiss bank Credit Suisse over payment of dues
Aviation regulator DGCA has suspended the licence of a SpiceJet pilot for six months following an incident where the airline's flight from Mumbai to Durgapur had faced severe turbulence and resulted in injuries to many passengers in May. In the incident that happened on May 1, as many as 14 passengers and 3 cabin crew members were injured. A senior DGCA official on Saturday said the licence of the pilot-in-command of the flight has been suspended for six months due to various violations. Among others, the pilot could have dealt with the bad weather situation in a better manner, the official said. There were no comments on the issue from SpiceJet. Since it was a serious incident, the Aircraft Accident Investigation Bureau (AAIB) was probing the matter. As many as 195 people, including 2 pilots and 4 cabin crew members were onboard the flight. Earlier, the Directorate General of Civil Aviation (DGCA) had said the 14 passengers and 3 cabin crew members suffered injuries related to
The Swiss firm had filed a plea in the high court against the airline for non-payment of over $24 million towards maintenance, repairing, and overhauling of aircraft engines and components in 2013
Low cost airline SpiceJet and Swiss firm Credit Suisse AG on Thursday told the Supreme Court they have resolved their financial dispute. The apex court then permitted SpiceJet to withdraw its appeal against a Madras High Court verdict ordering that the airline be wound up on account of alleged non-payment of dues to Credit Suisse AG. "There is a settlement which has taken place on May 23, 2022 as per the consent terms. In view of it, both the parties are satisfied with the settlement and want to withdraw the SLP (special leave petition) filed by the petitioner. "Accordingly, the application is allowed," an apex court bench comprising Chief Justice N V Ramana and Justices Hima Kohli and C T Ravikumar said in the order. The parties, it said, are directed to abide by the consent terms. "It is noted that some amount was deposited in the Madras High Court in pursuance of the order of Madras High Court. Parties are at liberty to make an application for release of the money," the court ..
At a time when growth in bank credit is outstripping that of deposits, several lenders, including the country's largest bank, State Bank of India (SBI), have raised deposit rates ahead of the festival
Businessman claims airline promoter committed breach of trust by not transferring shares
The airline on Tuesday announced that it had entered into a settlement with the lessor and its affiliates over a payment dispute related to three Boeing 737 aircraft
Shares of SpiceJet on Tuesday climbed nearly 2 per cent after the company entered into a settlement with aircraft lessor Goshawk Aviation and its affiliated entities.
The Delhi Police has registered an FIR against social media influencer Bobby Kataria after a video of him lighting a cigarette inside a SpiceJet flight surfaced, officials said on Tuesday.
Goshawk Aviation Limited is one of the main lessors of Max aircraft of SpiceJet, the airline's statement noted
The Supreme Court said it would consider a joint request for mediation of low-cost airline SpiceJet and media baron Kalanithi Maran and his Kal Airways for amicably settling all pending disputes.
Digi Yatra facility is voluntary for passengers and it keeps their data safe, say officials
Passengers booking SpiceJet flights will receive an SMS with details of the SpiceJet taxi service, the airline said in a statement noted
The video shows Kataria -- who has 630,000 followers on Instagram -- lighting a cigarette on one of the back rows of a SpiceJet plane