NEW DELHI, Aug 24 (Reuters) - Indian budget airline SpiceJet told a court on Thursday it was "struggling to stay afloat", as it was ordered to make a payment to its former owner over money owed. In ...
SpiceJet has been facing financial and legal issues for years. However, the positive momentum of the Indian aviation industry is keeping it from going bankrupt, and that is what the airline is banking ...
With its more mature fleet than other Indian carriers, Spicejet is seen as a good route into India's mid-life market for lessors. Credit: Boeing Not for the first time, Indian low-cost carrier ...
SpiceJet will fully own its six De Havilland Canada Dash 8-400 turboprops formerly leased from Nordic Aviation Capital (NAC), as part of a settlement with the lessor, the latest in a string of ...
SpiceJet is facing significant challenges concerning its financial stability, regulatory compliance, and operational future. Over the past few years, the airline's condition has worsened. Dozens of ...
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How SpiceJet turned a profit in Q4
Amid the events at Ahmedabad last week, what went unnoticed was SpiceJet declaring its Q4-FY25 and full-year FY25 results late on Friday evening. The airline reported a profit after tax of ₹319 crore ...
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