Two investors likely to get onboard #SpiceJet; total fund infusion likely around ₹1,500 cr

#AkasaAir, #SpiceJet conduct inspections of #Boeing737Max fleet following DGCA directives

#SpiceJet says SpiceXpress has entered into a partnership with Star Air, and will hereon manage belly space capacity in Star Air's fleet of 9 aircraft

February Aviation Data | Domestic Airline Traffic Up 4.8% YoY & Down 3.7% MoM

▶️#IndiGo market share at 60.1% vs 60.2% (MoM)
▶️#AirIndia market share at 12.8% vs 12.2% (MoM)
▶️#SpiceJet market share at 5.2% vs 5.6% (MoM)

#DGCA Releases Summer Schedule 2024-

Per Week Departures-
#IndiGo - 13,050
#Vistara - 2,324
#AirIndia - 2,278
#SpiceJet - 1,657
#AIExpress - 1,239
#Akasa - 903

April Aviation Data |

#Domestic passenger traffic up 2.4% YoY at 13.2 million

▶️#IndiGo market share at 60.6% vs 60.5% (MoM)
▶️#SpiceJet market share at 6.17% vs 5.3% (MoM)

#SpiceJet Refutes Claims by KAL Airways and Kalanithi Maran, Labels Damages Claim as Baseless

SpiceJet strongly refutes the claims made by KAL Airways and Kalanithi Maran regarding seeking damages of Rs. 1323 crore.

These assertions are not only legally untenable but also a regurgitation of previously rejected claims by the Arbitral Tribunal and then the Delhi High Court.

Check-in systems down at #MumbaiAirport, down for #IndiGo, #Akasa & #SpiceJet

GoNow-the check in system is facing global outage since 10:45 AM

Mumbai Airport sources

Monitoring the situation around #SpiceJet, looking at all small issues in full detail

Looking at the demand, there is a need to have more functioning airlines in India; #airlines need to balance everything out

Aviation Minister, RamMNK Says

Delhi court refuses to interfere with single-judge's order directing #SpiceJet to ground three engines for defaulting on payment to French engine lessors

#Spicejet moves SC, challenges Delhi HC order grounding 3 engines

SpiceJet cites urgency before SC, cites possible impact on operations

SC to consider SpiceJet request for urgency

🚨 Sources Say, #SpiceJet To Raise ₹3,000 Cr Via #QIP At ₹61.6/Sh

*Lead Investors Include Discovery Fund, Plutus, Think Investments

*Lead Investors Include Tata MF & Bandhan Bank, Family Offices Of Akash Bhanshali

Newsbreak Confirmed | #SpiceJet approves the allocation of 48.70 cr shares at an Issue Price of ₹61.60/sh (including a premium of ₹51.60 per Equity Share), [which takes into account a discount of ₹ 3.19 per Equity Share i.e. 4.92% to the floor price of ₹ 64.79/sh to QIBs
#QIP

#SpiceJet finalises settlement with Engine Lease Finance Corp, to resolve liabilities worth $16.7 m. ELFC has agreed to settle for an undisclosed amount, which is lower than the initial claim

Carlyle Aviation Sells 1.42% Stake In #SpiceJet Via Open Market Between September 17-23, 2024

#SpiceJet says it has cleared all #GST dues

Alert | SpiceJet had GST due liabilities of around ₹71 cr

#SpiceJet settles dispute with lessors under management of Babcock & Brown Aircraft Mgmt

The dispute, valued at $131.85 m with BBAM lessors has been resolved for $22.5 m

SpiceJet to save around ₹1,000 cr post settlement with lessors under BBAM Mgmt

#JustIn | DGCA removed #SpiceJet from enhanced surveillance

Alert | SpiceJet was placed on enhanced surveillance by DGCA on September 14, 2024

#September #Aviation Data 👇

#IndiGo September Market Share At 63% Vs 62.4% (MoM)

#AirIndia SeptemberMarket Share At 15.1% Vs 14.7% (MoM)

#SpiceJet SeptemberMarket Share At 2% Vs 2.3% (MoM)

#Vistara SeptemberMarket Share At 10% Vs 10.3% (MoM)

#SpiceJet Settles $4.5 Million Dispute With Shannon Engine Support For $2 Million