[ad_1] Gangwal and his wife Shobha Gangwal hold 13.23% and 2.99%, respectively, in IndiGo operator InterGlobe Aviation, as of June-end, while their Chinkerpoo Family Trust holds a 13.5% […]
SpiceJet, aircraft lessor Celestial Aviation working towards settlement
[ad_1] Budget carrier SpiceJet and aircraft lessor Celestial Aviation are working towards settlement, which is in the advanced stage, insolvency tribunal NCLT was informed on Tuesday. […]
SC allows SpiceJet to pay Credit Suisse in instalments over 6 months
[ad_1] The Supreme Court (SC) on Friday permitted domestic airline SpiceJet to make payments to Credit Suisse of $1 million per month for a duration of six […]
SpiceJet pays Rs 100 crore to Kal Airways and Maran towards arbitral award
[ad_1] SpiceJet on Tuesday paid Kal Airways and its promoter Kalanithi Maran Rs 100 crore out of an order of Rs 380 crore for an arbitral award, […]
Settle issues with creditor Celestial Aviation Services: NCLT asks SpiceJet
[ad_1] The National Company Law Tribunal (NCLT) on Tuesday suggested that SpiceJet settle the issues with lessors that have sought initiation of insolvency proceedings against it. […]
Spicejet moves Delhi HC challenging order in favour of Kalanithi Maran
[ad_1] Spicejet and its promoter Ajay Singh Wednesday approached the Delhi High Court challenging a single-judge order upholding an arbitral award asking them to refund Rs 579 […]
Asian indices subdued as US treasury yields top 4.1%
[ad_1] Stock market LIVE updates: Global markets look weak Monday morning on last Friday’s surge in treasury yields. Japan’s Nikkei 225 fell 0.1 per cent, South Korea’s Kospi […]
IndiGo reports highest-ever profit of Rs 3,091 cr in Q1FY24, revenue up 30%
[ad_1] IndiGo Q1FY24 results: InterGlobe Aviation-owned IndiGo was back in the black in the April-June quarter (Q1) of financial year 2023-24 (FY24) as it clocked highest-ever quarterly […]
Aviation regulator removes SpiceJet from enhanced surveillance regime
[ad_1] India’s aviation regulator has removed SpiceJet from its so-called enhanced surveillance, saying the no-frills airline had taken “suitable maintenance action”. The Directorate General of Civil […]
Akasa Air flies past SpiceJet for the first time in domestic traffic
[ad_1] Akasa Air flight | Photos: PTI & Aneesh Phadnis Akasa Air, which was established just eleven months ago, has beaten SpiceJet for the first time in […]