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    Aviation
    Domestic air passenger traffic reached 13.1 million in January 2024

    Domestic air passenger traffic reached 13.1 million in January 2024

      In January, an estimated 13.1 million people travelled by air in India, marking a 4.7% increase from the previous year. This number represented a decline from December's record high of 13.8 million. The drop

    Aviation
    Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

    Delhi HC orders SpiceJet to pay INR 50 to former promoter Kalanithi Maran

    In a recent legal development, the Delhi High Court has instructed low-cost carrier SpiceJet Ltd to make a payment of INR 50 crore to its former promoter Kalanithi Maran and KAL Airways within six weeks.

    Aviation
    SpiceJet Obtains Haj Flight Permissions from Seven Indian Cities, Strengthening Revenue Streams

    SpiceJet Obtains Haj Flight Permissions from Seven Indian Cities, Strengthening Revenue Streams

      SpiceJet announces the acquisition of flight rights for Haj operations from seven Indian cities, namely Srinagar, Gaya, Guwahati, Bhopal, Indore, Aurangabad, and Vijayawada. Haj operations have proven to be a revenue source for SpiceJet,

    Top Stories
    Delhi HC orders SpiceJet to pay USD4 million to engine lessors by Feb 15

    Delhi HC orders SpiceJet to pay USD4 million to engine lessors by Feb 15

    The Delhi High Court directed SpiceJet to pay USD 4 million to engine lessors Team France 01 SA and Sunbird France 02 SAS by February 15. SpiceJet, seeking more time, offered an initial $1 million.

    Aviation
    NCLT dismisses Wilmington Trust’s insolvency plea against SpiceJet

    NCLT dismisses Wilmington Trust’s insolvency plea against SpiceJet

    The National Company Law Tribunal (NCLT) has dismissed an insolvency plea filed by Wilmington Trust SP Services against the low-cost carrier. "...lacks merit, is not maintainable and therefore stands dismissed," the bench of NCLT, which

    Aviation
    SpiceJet completes first tranche of capital infusion aggregating to INR 744 Crore

    SpiceJet completes first tranche of capital infusion aggregating to INR 744 Crore

    SpiceJet Ltd. has allotted shares and warrants totalling INR 744 crore on a preferential basis in the first tranche. On January 25, 2024, the company’s Board of Directors approved the allotment of 5.55 crore equity

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