The Directorate General of Civil Aviation (DGCA) has granted approval for domestic airlines, including IndiGo (6E) and SpiceJet (SG), to augment their fleet by engaging in wet leasing of aircraft to accommodate the increased demand during the festival season.
Spicejet in trouble
Aircastle (Ireland) Ltd, an aircraft lessor, has declined SpiceJet (SG) Airlines’ proposal to provide shares in lieu of its outstanding payments.
In a shameful and shocking act, the SpiceJet (SG) passenger took underpants and leg pics and videos of the cabin crew on the Delhi (DEL) to Mumbai (BOM) flight.
DELHI- Indian low-cost carrier SpiceJet (SG) aircraft experienced a fire incident while undergoing engine maintenance at Indira Gandhi International Airport…
The Delhi High Court, in a hearing on July 19, while considering the bail plea of SpiceJet (SG) Chairman and Managing Director Ajay Singh, acknowledged the gravity of the fraud allegations against him concerning a share transfer agreement.
Akasa Air recorded a total of 6.2 lakh passengers last month, outperforming SpiceJet, which reported 5.5 lakh passengers.
In a move aimed at bolstering its financial position, budget airline SpiceJet (SG) has announced that its CEO and Promoter, Ajay Singh, will inject Rs 500 crore into the company.
SpiceJet (SG), one of India’s leading airlines, has temporarily suspended its flights on the Puducherry-Bengaluru-Hyderabad route until July 2, 2023, citing operational concerns.
Dublin-based Wilmington Trust SP Services Ltd, an aircraft lessor, has filed a petition with the National Company Law Tribunal (NCLT) to commence insolvency proceedings against SpiceJet, a low-cost carrier based in India.
On May 25th, India’s National Company Law Tribunal (NCLT) postponed Aircastle’s petition for an insolvency plea against Indian LCC SpiceJet (SG); the new hearing date is June 1st, which is today.