SpiceJet Ltd

(500285)

SpiceJet Flights Disrupted Due to Bad Weather - 15 Nov, 2024

SpiceJet Airlines has warned customers of potential flight disruptions from Darbhanga Airport due to adverse weather conditions in Delhi and Darbhanga. Passengers are advised to check flight statuses before traveling.

SpiceJet Settles Major Dispute, Strengthens Financial Position - 14 Nov, 2024

SpiceJet has settled a $90.8 million dispute with Export Development Canada for $22.5 million, saving $68.3 million. This agreement allows full ownership of 13 Q400 aircraft, enhancing operational efficiency and financial stability. The airline plans to expand regional operations with these aircraft, marking a significant milestone in its growth strategy.

SpiceJet Secures Investor Confidence Amid Challenges - 11 Nov, 2024

SpiceJet's recent Rs 3,000 crore share sale has attracted institutional investors, signaling confidence in the airline's potential to navigate its ongoing challenges in the aviation sector.

SpiceJet to Relaunch Seaplane Operations in 2025 - 10 Nov, 2024

SpiceJet plans to relaunch seaplane operations in India by 2025, backed by a Rs 3,000 crore fundraise. The airline aims to connect remote regions and has rights to operate on 20 routes, enhancing regional connectivity.

SpiceJet to Launch Seaplane Operations in 2025 - 09 Nov, 2024

SpiceJet plans to reintroduce seaplane operations in 2025, connecting 20 routes including Lakshadweep and Hyderabad. The airline aims to enhance regional connectivity and tourism.

SpiceJet Expands Network and Receives Ratings Upgrade - 07 Nov, 2024

SpiceJet is set to launch eight new domestic flights starting November 15, 2024, while also receiving a significant ratings upgrade to B+. Additionally, the airline has been granted an extension for its Annual General Meeting until December 31, 2024.

SpiceJet Expands Network, Shares Rise 4% - 06 Nov, 2024

SpiceJet announced the launch of eight new domestic flights starting November 15, contributing to a 4% rise in its shares. The airline recently raised Rs 3,000 crore and is addressing regulatory concerns while expanding its services despite operational challenges.

SpiceJet Receives Significant Credit Rating Upgrade - 04 Nov, 2024

SpiceJet's credit rating was upgraded by Acuité Ratings, reflecting improved financial stability and operational resilience. The airline raised Rs 3,000 crore through QIP to enhance liquidity and support growth initiatives. Despite a recent stock decline, the upgrade signals positive developments ahead.

SpiceJet Settles TDS Dues and Disputes - 30 Oct, 2024

SpiceJet has cleared TDS dues of Rs 310 crore and settled various disputes with aircraft lessors, demonstrating commitment to financial recovery after raising Rs 3,000 crore in fresh funds.

SpiceJet Launches Flights and Clears TDS Dues - 29 Oct, 2024

SpiceJet has launched 32 new flights for the winter season and cleared ₹310 crore in TDS dues, reinforcing its commitment to financial stability amid operational challenges.

SpiceJet Expands Winter Schedule with New Flights - 28 Oct, 2024

SpiceJet has launched 32 new flights for its winter schedule, including 30 domestic routes and 2 connecting Delhi to Phuket. The airline aims to enhance connectivity and customer options while inducting 10 new aircraft by November 2024. Following the announcement, SpiceJet shares rose by 4.2%.

SpiceJet Settles Dispute Amid Ongoing Challenges - 26 Oct, 2024

SpiceJet has settled a $4.5 million dispute with Shannon Engine for $2 million, marking its fourth settlement in over a month. However, the airline faces ongoing insolvency petitions and bomb threats affecting its operations.

SpiceJet Settles Disputes, Stock Gains Momentum - 25 Oct, 2024

SpiceJet successfully settled a $4.5 million dispute with Shannon Engine Support for $2 million, marking its fourth financial agreement. Following this, FIIs increased their stake, and the stock rose by 3.11%. Despite ongoing challenges, these developments reflect positive investor sentiment.