#AirIndia’s sale to the #TataGroup was the headline of the year, but it was just one headline in many that the aviation sector made in 2021.
SpiceJet’s legal woes, unveiling of Akasa Air & possible patch-up between IndiGo’s promoters
Read at
https://www.moneycontrol.com/news/trends/travel-trends/a-year-of-highs-and-lows-heres-how-indian-aviation-fared-in-2021-7861311.html
#aviationindustry #Airtravel #Spicejet #Indigo
SpiceJet’s legal woes, unveiling of Akasa Air & possible patch-up between IndiGo’s promoters
Read at
https://www.moneycontrol.com/news/trends/travel-trends/a-year-of-highs-and-lows-heres-how-indian-aviation-fared-in-2021-7861311.html
#aviationindustry #Airtravel #Spicejet #Indigo
Moneycontrol
A Year Of Highs And Lows: Here’s How Indian Aviation Fared In 2021
Air India’s sale to the Tata group was the headline of the year, but it was just one headline in many that the aviation sector made in 2021 with its air bubbles, capacity and fare caps, SpiceJet’s legal woes, the launch of flyBig, unveiling of Akasa Air,…
Private carrier Spicejet has announced winter goodies with an all-inclusive one-way fare starting at Rs 1,122 for travel during December 27 to 31, other benefits include a complimentary flight voucher worth Rs 500. ✈️✈️
Read at
https://www.moneycontrol.com/news/trends/travel-trends/spicejet-dishes-out-winter-goodies-with-fares-starting-at-rs-1122-check-details-7869551.html
#SpiceJet #AirTravel #Travel
Read at
https://www.moneycontrol.com/news/trends/travel-trends/spicejet-dishes-out-winter-goodies-with-fares-starting-at-rs-1122-check-details-7869551.html
#SpiceJet #AirTravel #Travel
Moneycontrol
SpiceJet Launches Winter Sale With Fares Starting At Rs 1,122. Check Details
Other benefits include a complimentary flight voucher worth Rs 500 with every sale fare booking for next travel and a flat 25 percent instant discount on add-ons
India’s top court will decide on a petition by Swiss company #CreditSuisse AG to wind up #SpiceJet after a decade-long standoff over unpaid dues of almost Rs 180 crore.
Binoy Prabhakar writes what the case means for the crisis-ridden airline ⏬
https://www.moneycontrol.com/news/business/companies/crisis-hit-spicejet-faces-another-test-a-crucial-payments-dispute-in-supreme-court-7972791.html?utm_source=telegram&utm_medium=social
Binoy Prabhakar writes what the case means for the crisis-ridden airline ⏬
https://www.moneycontrol.com/news/business/companies/crisis-hit-spicejet-faces-another-test-a-crucial-payments-dispute-in-supreme-court-7972791.html?utm_source=telegram&utm_medium=social
Moneycontrol
Crisis-hit SpiceJet Faces Another Test — A Crucial Payments Dispute In Supreme Court
The airline is appealing against a Credit Suisse AG petition to wind up operations after a long standoff over unpaid dues of almost Rs 180 crore.
Kalanithi Maran has rejected the offer made by #SpiceJet for a one-time settlement to end the long-standing share-transfer dispute between the two parties, reports Shruti Mahajan.
Read more at ⬇️
https://www.moneycontrol.com/news/trends/legal-trends/kalanithi-maran-rejects-spicejets-one-time-settlement-offer-8088941.html?utm_source=telegram&utm_medium=social
Read more at ⬇️
https://www.moneycontrol.com/news/trends/legal-trends/kalanithi-maran-rejects-spicejets-one-time-settlement-offer-8088941.html?utm_source=telegram&utm_medium=social
Moneycontrol
Kalanithi Maran rejects SpiceJet's one-time settlement offer
Kalanithi Maran said that the amount offered by SpieceJet was way below the total amount claimed and the offer was is not feasible.
Sun Group's CFO SL Narayanan, in conversation with Moneycontrol, talks about the share-transfer dispute between #KalanithiMaran's and #Spicejet's Ajay Singh.
Listen in to #SunGroup for a perspective in this ongoing legal spat!
https://www.moneycontrol.com/news/business/companies/exclusive-sun-tvs-sl-narayanan-on-the-dispute-between-marans-and-spicejet-8090491.html?utm_source=telegram&utm_medium=social
Listen in to #SunGroup for a perspective in this ongoing legal spat!
https://www.moneycontrol.com/news/business/companies/exclusive-sun-tvs-sl-narayanan-on-the-dispute-between-marans-and-spicejet-8090491.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | Sun TV's SL Narayanan on the dispute between Marans and Spicejet
Sun TV's SL Narayanan, in conversation with Moneycontrol on the share-transfer dispute between Marans and Spicejet's Ajay Singh. Kalanithi Maran has rejected the offer by SpiceJet for a one-time settlement of the share-transfer dispute between the two parties.…
Explaining why the Marans rejected #SpiceJet's offer, Sun Group's #SLNarayanan told Moneycontrol: “Rs 578 cr out of the Rs 600 cr is money that is due to us. This was money put into the airlines at a time it needed capital infusion...”
Full story at 👇https://www.moneycontrol.com/news/business/exclusive-sun-group-cfo-explains-why-the-marans-turned-down-spicejets-rs-600-crore-pay-out-offer-8090081.html?utm_source=telegram&utm_medium=social
Full story at 👇https://www.moneycontrol.com/news/business/exclusive-sun-group-cfo-explains-why-the-marans-turned-down-spicejets-rs-600-crore-pay-out-offer-8090081.html?utm_source=telegram&utm_medium=social
Moneycontrol
EXCLUSIVE | Sun Group CFO explains why the Marans turned down SpiceJet’s Rs 600 crore pay-out offer
Explaining why the Marans rejected the SpiceJet offer, SL Narayanan, Chief Financial Officer, Sun Group, said: “Rs 578 crores out of the Rs 600 crore is money that is due to us as already determined by arbitrators. This was money put into the airlines at…
#SpiceJet today announced the launch of six new international flights to Bangkok enhancing connectivity between #India and #Thailand under the air bubble agreement.
Read more 👇
https://www.moneycontrol.com/news/business/spicejet-introduces-6-new-flights-to-bangkok-under-air-bubble-agreement-operations-commence-from-march-10-8164091.html?utm_source=telegram&utm_medium=social
Read more 👇
https://www.moneycontrol.com/news/business/spicejet-introduces-6-new-flights-to-bangkok-under-air-bubble-agreement-operations-commence-from-march-10-8164091.html?utm_source=telegram&utm_medium=social
Moneycontrol
SpiceJet introduces 6 new flights to Bangkok under air bubble agreement; operations commence from March 10
The airline will introduce daily direct flights connecting Delhi, Mumbai and Kolkata with the Bangkok.
The SC today asked #SpiceJet to consider paying Rs 300 crore sought by former promoter #KalanithiMaran as an interest amount under an arbitration award in a long-standing share-transfer dispute.
Read at:
https://www.moneycontrol.com/news/business/companies/consider-paying-interest-and-wrap-it-up-sc-asks-spicejet-to-settle-dispute-with-kalanithi-maran-8299691.html?utm_source=telegram&utm_medium=social
Read at:
https://www.moneycontrol.com/news/business/companies/consider-paying-interest-and-wrap-it-up-sc-asks-spicejet-to-settle-dispute-with-kalanithi-maran-8299691.html?utm_source=telegram&utm_medium=social
Moneycontrol
'Consider paying interest and wrap it up', SC asks SpiceJet to settle dispute with Kalanithi Maran
SpiceJet told the Supreme Court on March 31 that it has settled the dispute with Credit Suisse which had led to the Madras High Court ordering the winding-up of the airline
#SpiceJet has settled the payment dispute with #CreditSuisse.
The payment dispute had formed the basis for the Madras HC to order winding-up of the airline, writes Shruti Mahajan. Read more at 👇
https://www.moneycontrol.com/news/business/companies/spicejet-has-settled-payment-dispute-with-credit-suisse-supreme-court-told-8300041.html?utm_source=telegram&utm_medium=social
The payment dispute had formed the basis for the Madras HC to order winding-up of the airline, writes Shruti Mahajan. Read more at 👇
https://www.moneycontrol.com/news/business/companies/spicejet-has-settled-payment-dispute-with-credit-suisse-supreme-court-told-8300041.html?utm_source=telegram&utm_medium=social
Moneycontrol
SpiceJet has settled payment dispute with Credit Suisse, Supreme Court told
The payment dispute with Credit Suisse had formed the basis for the Madras High Court to order winding-up of the airline.
Private airliner #SpiceJet to revise the salaries of its captains by a minimum of 10%, First Officers will get minimum of 15%.
More details at 👇
https://www.moneycontrol.com/news/companies-2/spicejet-to-revise-salaries-of-captains-by-10-report-8303321.html?utm_source=telegram&utm_medium=social
More details at 👇
https://www.moneycontrol.com/news/companies-2/spicejet-to-revise-salaries-of-captains-by-10-report-8303321.html?utm_source=telegram&utm_medium=social
Moneycontrol
SpiceJet to revise salaries, 10-20% increase announced
Apart from this, SpiceJet also informed that the salaries of the First Officers will be revised by a minimum of 15 percent and 20 percent for trainers.
#SpiceJet today informed of an attempted #ransomware attack last night, which slowed down its operations and impacted morning #flight departures. ✈️
See the tweet 👇
https://www.moneycontrol.com/news/business/spicejet-suffers-attempt-of-ransomware-attack-flights-normal-after-some-delays-8570671.html?utm_source=telegram&utm_medium=social
See the tweet 👇
https://www.moneycontrol.com/news/business/spicejet-suffers-attempt-of-ransomware-attack-flights-normal-after-some-delays-8570671.html?utm_source=telegram&utm_medium=social
Moneycontrol
SpiceJet suffers attempt of ransomware attack. Flights normal after some delays
The airline in a tweet this morning said that the attack slowed down its operations and impacted morning flight departures
This media is not supported in your browser
VIEW IN TELEGRAM
#NewsAlert 🚨 SpiceJet Limited and Credit Suisse AG have signed and concluded the settlement and consent terms with regard to the pending dispute between the two parties, the airline said.
Stay tuned for more details!
#SpiceJet #CreditSuisse #Aviation
Stay tuned for more details!
#SpiceJet #CreditSuisse #Aviation
A #SpiceJet plane, which was heading to Gorakhpur in UP, returned to Mumbai on Saturday after a crack was observed on the #windshield.
Read about it 👇
https://www.moneycontrol.com/news/trends/spicejet-plane-returns-to-mumbai-after-pilot-notices-cracks-on-windshield-8599851.html?utm_source=telegram&utm_medium=social
Read about it 👇
https://www.moneycontrol.com/news/trends/spicejet-plane-returns-to-mumbai-after-pilot-notices-cracks-on-windshield-8599851.html?utm_source=telegram&utm_medium=social
Moneycontrol
SpiceJet plane returns to Mumbai after pilot notices cracks on windshield
The pilot-in-command decided to return to Mumbai, the spokesperson said. The air traffic controller was apprised and the aircraft landed safely at the Mumbai airport.
Time is running out - for #SpiceJet to start operating its slots and for #Akasa to start inducting & cornering unutilised slots, writes Ameya Joshi.
At 52%, FlySpiceJet has the lowest utilisation of airport slots approved for the summer schedule.
Read.
https://bit.ly/3ckmHOt
At 52%, FlySpiceJet has the lowest utilisation of airport slots approved for the summer schedule.
Read.
https://bit.ly/3ckmHOt
Moneycontrol
High load factors, poor slot usage – the SpiceJet mystery
At 52%, SpiceJet has the lowest utilisation of airport slots approved for the summer schedule.
#NewsALert 🚨 NCLT issues notice to #SpiceJet on insolvency plea
NCLT Delhi is hearing a plea by an operational creditor Acres Buildwell claiming outstanding dues
NCLT is likely to hear the case on Sep 30
Source: CNBC-TV18
NCLT Delhi is hearing a plea by an operational creditor Acres Buildwell claiming outstanding dues
NCLT is likely to hear the case on Sep 30
Source: CNBC-TV18
#Shares of low-cost carrier #SpiceJet rose on October 6 after the finance ministry modified the Emergency Credit Line Guarantee Scheme by raising the loan limit to Rs 1,500 crore from Rs 400 crore to help the #aviation industry.
Read at 👇
https://bit.ly/3M91JQe
Read at 👇
https://bit.ly/3M91JQe
Moneycontrol
SpiceJet soars as government raises loan limit for airlines under credit scheme
Shares of SpiceJet, which have suffered due to a number of issues including insolvency proceedings and a string of losses, rose over 6 percent
#ClosingBell 🔔 #Sensex erase all gains, falls 150 pts; #Nifty is back below 17,500; metal & auto stocks under pressure.
Santosh Nair decodes the volatility in the markets. #Spicejet, NMDC, Nestle and Oil India are also on the radar.
Live @ 3.30 PM
https://www.youtube.com/watch?v=q588Jmc9yF0
Santosh Nair decodes the volatility in the markets. #Spicejet, NMDC, Nestle and Oil India are also on the radar.
Live @ 3.30 PM
https://www.youtube.com/watch?v=q588Jmc9yF0
YouTube
Market Live: Nifty Back Below 17,500 | Spicejet, NMDC, Nestle, Oil India In Focus | Closing Bell
Rebound in the early hours of the trading day was short-lived. Sensex erase all gains, falls 150 pts; Nifty is back below 17,500; metal and auto stocks under pressure. Santosh Nair decodes the volatility in the markets. Spicejet, NMDC, Nestle and Oil India…
Two #SpiceJet #pilots have been grounded after drinking coffee & eating gujiya in the cockpit. According to reports, the pilots held sweets in their hands while they placed their cups of coffee on a critical control panel.
Here's more👇
bit.ly/3YSCA0T
Here's more👇
bit.ly/3YSCA0T
#EarningsWithMC | In early trading today, shares of #SpiceJet Ltd, rose over 5 % following the announcement that the company would borrow Rs 400 crore to repair 25 grounded aircraft. The decision to borrow funds came after #GoFirst filed for insolvency protection on May 2. ✈️
Read more here 👇
https://rb.gy/1t9lc
Read more here 👇
https://rb.gy/1t9lc
#BusinessNews | ✈️ Delhi airport T1 flights halted after roof collapse. IndiGo, SpiceJet cancel operations until midnight, June 29. Arrivals redirected to T2/T3. 🛬
Stay updated ⤵️
https://www.moneycontrol.com/news/business/delhi-airport-roof-collapse-indigo-flights-cancelled-from-t1-till-midnight-arrivals-moved-to-terminals-2-3-12758175.html
#Delhi #Airport #RooftopCollapse #Indigo #SpiceJet
Stay updated ⤵️
https://www.moneycontrol.com/news/business/delhi-airport-roof-collapse-indigo-flights-cancelled-from-t1-till-midnight-arrivals-moved-to-terminals-2-3-12758175.html
#Delhi #Airport #RooftopCollapse #Indigo #SpiceJet
Moneycontrol
Delhi airport roof collapse: IndiGo, SpiceJet halt all flight operations from T1
"Due to the unforeseen situation at T1 this morning, all flights from Delhi airport T1 have been cancelled until 0000 hrs, June 29. Further, flights due to arrive at T1, will now arrive either at T2 or T3 in Delhi," the airline said in a post on X.